The new edition of this classroom classic retains the organizing theme of the original text, presenting the development of thought within the context of economic history. Economic ideas are framed in terms of the spheres of production and circulation, with a critical analysis of how past theorists presented their ideas.

chapter |20 pages


chapter |25 pages

Adam Smith

chapter |26 pages

Thomas Robert Malthus

chapter |34 pages

David Ricardo

chapter |45 pages

Karl Marx

chapter |31 pages

Thorstein Veblen