ABSTRACT

Another comprehensive textbook with excellent bibliographies is SPIEGEL. This differs from Blaug in focusing less on the analytical structure of past economic ideas, dispensing altogether with mathematical interpretations. It finds economic thought worth discussing as far back as the Old Testament and ancient Greece, in the early Church and in medieval scholastic writers. Its treatment of this early material is particularly good. The story is told in detail up to around the 1940s but offers only a cursory treatment of very recent developments.