Economic theory in retrospect

Abstract

Glossary of mathematical symbols – Introduction: Has Economic Theory Progressed? – 1. Pre-Adamite Economics – 2. Adam Smith – 3. Population, Diminishing Returns and Rent – 4. Ricardo’s System – 5. Say’s Law and Classical Monetary Theory – 6. John Stuart Mill – 7. Marxian Economics – 8. The Marginal Revolution – 9. Marshallian Economics: Utility and Demand – 10. Marshallian Economics: Cost and Supply – 11. Marginal Productivity and Factor Prices – 12. The Austrian Theory of Capital and Interest – 13. General Equilibrium and Welfare Economics – 14. Spatial Economics and the Classical Theory of Location – 15. The Neo-Classical Theory of Money, Interest and Prices – 16. Macroeconomics – 17. A Methodological Postscript.