Evolution of Economic Ideas

Adam Smith to Amartya Sen and Beyond

Price: 850.00 

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ISBN:

9780199466832

Publication date:

10/11/2016

Hardback

198 pages

Price: 850.00 

We sell our titles through other companies
Disclaimer :You will be redirected to a third party website.The sole responsibility of supplies, condition of the product, availability of stock, date of delivery, mode of payment will be as promised by the said third party only. Prices and specifications may vary from the OUP India site.

ISBN:

9780199466832

Publication date:

10/11/2016

Hardback

198 pages

Vinay Bharat-Ram

Do you know that Karl Marx, who despised the capitalist class, was actually raised in an upper-middle-class family? And that the distinguished economist John Maynard Keynes scored poorly in economics in the civil service examination—which he attributed to the examiner’s lack of knowledge of the subject? Vinay Bharat-Ram, in this delightful and breezy read, offers revealing glimpses into the lives and social circumstances of some of the most influential economic thinkers who have determined the way we understand economics today. Brimming with fascinating nuggets from their lives, this book journeys from Adam Smith’s free-market capitalism to Amartya Sen’s welfare economics and beyond, demystifying several momentous economic developments along the way. It explains how the social conditions and unique circumstances of these philosophers shaped their sometimes rich and sometimes absurd ideas that eventually formed the foundation of modern economics. Giving a wide berth to the much-dreaded buzzwords that have long hindered an easy understanding of economics, this concise book, laced with warm humour, casts light on ideas that have held generations of economists in thrall.

Rights:  World Rights

Vinay Bharat-Ram

Description

Do you know that Karl Marx, who despised the capitalist class, was actually raised in an upper-middle-class family? And that the distinguished economist John Maynard Keynes scored poorly in economics in the civil service examination—which he attributed to the examiner’s lack of knowledge of the subject?
Vinay Bharat-Ram, in this delightful and breezy read, offers revealing glimpses into the lives and social circumstances of some of the most influential economic thinkers who have determined the way we understand economics today. Brimming with fascinating nuggets from their lives, this book journeys from Adam Smith’s free-market capitalism to Amartya Sen’s welfare economics and beyond, demystifying several momentous economic developments along the way. It explains how the social conditions and unique circumstances of these philosophers shaped their sometimes rich and sometimes absurd ideas that eventually formed the foundation of modern economics. Giving a wide berth to the much-dreaded buzzwords that have long hindered an easy understanding of economics, this concise book, laced with warm humour, casts light on ideas that have held generations of economists in thrall.

About the Author
Vinay Bharat-Ram
is the chairman of DCM Limited, the chairperson of the Population Foundation of India, and life trustee of the Institute of Economic Growth, University of Delhi. Educated at the universities of Delhi (St. Stephens College), Michigan, and Harvard, he holds a PhD in economics from the University of Delhi.

Vinay Bharat-Ram

Table of contents


Preface
Acknowledgements
The Great Optimist
The Pessimists
The Angry Genius
The Marginalists
The Transition from Political Economy to Economics
The Trajectory of Partial Equilibrium Analysis
Entrepreneurship and Innovation
Money Matters
The Saviour of Capitalism
The Keynesians
The Duel Begins
Mont Pèlerin
The Great Monetarist
The Development Economist
The Guru of International Trade
Conscience of the Economics Profession
Reality versus Theory
Bibliography
About the Author

Vinay Bharat-Ram

Vinay Bharat-Ram

Vinay Bharat-Ram

Description

Do you know that Karl Marx, who despised the capitalist class, was actually raised in an upper-middle-class family? And that the distinguished economist John Maynard Keynes scored poorly in economics in the civil service examination—which he attributed to the examiner’s lack of knowledge of the subject?
Vinay Bharat-Ram, in this delightful and breezy read, offers revealing glimpses into the lives and social circumstances of some of the most influential economic thinkers who have determined the way we understand economics today. Brimming with fascinating nuggets from their lives, this book journeys from Adam Smith’s free-market capitalism to Amartya Sen’s welfare economics and beyond, demystifying several momentous economic developments along the way. It explains how the social conditions and unique circumstances of these philosophers shaped their sometimes rich and sometimes absurd ideas that eventually formed the foundation of modern economics. Giving a wide berth to the much-dreaded buzzwords that have long hindered an easy understanding of economics, this concise book, laced with warm humour, casts light on ideas that have held generations of economists in thrall.

About the Author
Vinay Bharat-Ram
is the chairman of DCM Limited, the chairperson of the Population Foundation of India, and life trustee of the Institute of Economic Growth, University of Delhi. Educated at the universities of Delhi (St. Stephens College), Michigan, and Harvard, he holds a PhD in economics from the University of Delhi.

Table of contents


Preface
Acknowledgements
The Great Optimist
The Pessimists
The Angry Genius
The Marginalists
The Transition from Political Economy to Economics
The Trajectory of Partial Equilibrium Analysis
Entrepreneurship and Innovation
Money Matters
The Saviour of Capitalism
The Keynesians
The Duel Begins
Mont Pèlerin
The Great Monetarist
The Development Economist
The Guru of International Trade
Conscience of the Economics Profession
Reality versus Theory
Bibliography
About the Author