Economic Policy and the History of Economic Thought

This book explores key economic policy issues in the context of the history of economic thought, covering topics such as state spending, taxation, income redistribution, and the role of money. It covers various schools of economic thought from different national and theoretical traditions, including mercantilism, Physiocracy, German Historical School, Marxism, Austrian School, institutional economics, Keynesian economics, and behavioral economics. It is of interest to readers of the history of economic policy, history of economic thought, macroeconomics, and economic history.

Format: Hardback
Length: 264 pages
Publication date: 23 March 2023
Publisher: Taylor & Francis Ltd

This comprehensive volume explores essential economic policy issues within the framework of the rich history of economic thought. It delves into the core debates and controversies that have shaped the field, highlighting the profound impact of economic policy on society. The book recognizes that most of the current and past academic controversies in economics revolve around the application and formulation of economic policy. This phenomenon becomes particularly evident in the post-World War II era, as economic policy emerges as a distinct subfield of study. However, the roots of various economic policy challenges can be traced back throughout the history of economic thought.

The book encompasses a wide range of topics in economic policy, including discussions on state spending and taxation, income redistribution, and the role of money. Each chapter focuses on a specific period or major school of economic thought, spanning from the 'prehistory of economics' to the present day. Within these chapters, the book delves into the main schools of economic thought from diverse national and theoretical traditions. These include mercantilism, the Physiocratic School, the German Historical School, Marxism, the Austrian School, institutional economics, Keynesian economics, behavioral economics, and many more.

By examining these diverse perspectives, the book provides a comprehensive understanding of the evolution of economic thought and its influence on economic policy. It serves as a valuable resource for readers interested in the history of economic policy, as well as the history of economic thought, macroeconomics, and economic history more broadly. This book will appeal to scholars, students, policymakers, and anyone with an interest in exploring the complex dynamics of economic policy and its impact on society.

Weight: 542g
Dimension: 162 x 241 x 22 (mm)
ISBN-13: 9781032131962