Nobody can ignore economics. There are never enough resources to go round, so human beings have always wrestled with the crucial issues of money, markets, bargaining, prices and production. In this new and authoritative history, Roger Backhouse takes the story of economics from the Greeks to the dawn of the twenty-first century.
In addition to placing well-known figures - including Adam Smith, Malthus, Marx and Keynes - in their historical settings, Backhouse brings into his story many important topics that are often neglected. These include the importance of Islam in the Middle Ages; science, politics and economics in seventeenth-century England; the rise of economics in the USA; inter-war debates over socialism versus the market; the impact of the Second World War; and the late-twentieth-century proliferation of fields within economics.
Comprehensive and very readable, 'The Penguin History Of Economics' offers a definitive overview of this crucially important subject.