By John B. Davis, Warren J. Samuels, Jeff E. Biddle
Assembling contributions from best thinkers within the box, this significant other deals a accomplished and complicated exploration of the background of financial suggestion. the amount has a threefold concentration: the historical past of monetary inspiration, the heritage of economics as a self-discipline, and the historiography of monetary thought.• presents refined introductions to an unlimited array of topics.• specializes in a distinct diversity of themes, together with the heritage of monetary proposal, the heritage of the self-discipline of economics, and the historiography of monetary idea.
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Additional info for A Companion to the History of Economic Thought (Blackwell Companions to Contemporary Economics)
15–17)! The most important legacy of Xenophon’s thought in the history of economic ideas is his formulation of the division of labor. In the Cyropaedia, Xenophon comments on the quality of the different dishes prepared by the specialized cooks in Cyrus’ kitchen. He then describes a shoemaking workshop in which standard parts are cut out and assembled in stages by different workmen. 5–6). Adam Smith’s discussion of the pin factory is frequently credited with characterizing modern economic theory, since it was in this context that he elaborated the point that specialization is limited by the extent of the market.
1994, p. 54). These records show the precision of administrative organization and the origins of both writing and arithmetic for identifying stored produce and its quantity. Marx called this administrative tradition that dominated Near Eastern economic organization “the Asiatic mode of production”(Krader, 1975). Silver, who searches for expressions of natural market forces, ﬁnds that political and economic instabilities resulted in nonmarket institutions dominating the economies of antiquity (Silver, 1995).
Irani and M. ), Social Justice in the Ancient World. Westport, CT: Greenwood Press, 9–24. —— 1998: The economic and jurisprudential ideas of the ancient Greeks: our heritage from Hellenic thought. In Lowry and Gordon, op. , pp. 11–37. —— 2001: The training of the economist in antiquity: “The Mirror for Princes” tradition in Alcibiades Major and Aquinas’ On Kingship. In J. E. Biddle, J. B. Davis, and S. G. ), Economics Broadly Considered: Essays in Honor of Warren J. Samuels. London and New York: Routledge, 33–48.