A Concise History of Economists' Assumptions about Markets - Mitchell, Robert
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This open-minded, multidisciplinary approach challenges existing world views on the endogenous and exogenous forces that drive markets and economies. Nine narrative chapters and a conclusion provide an accessible history of key premises and assumptions in the mental models proposed by several major economists since the 1776 publication of Adam Smith's The Wealth of Nations and show how-and why-those models and their underlying assumptions have changed over time. The book addresses the legacies of major economists, describes their historical and analytical influence, documents the interaction…mehr

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Produktbeschreibung
This open-minded, multidisciplinary approach challenges existing world views on the endogenous and exogenous forces that drive markets and economies. Nine narrative chapters and a conclusion provide an accessible history of key premises and assumptions in the mental models proposed by several major economists since the 1776 publication of Adam Smith's The Wealth of Nations and show how-and why-those models and their underlying assumptions have changed over time. The book addresses the legacies of major economists, describes their historical and analytical influence, documents the interaction among various schools of thought as well as how they differ, and the implications that this history has for economics and the policy sciences in the decades ahead. The author focuses on the mental maps economists have created in an attempt to understand the forces that destroyed "order," explaining how these maps incorporate a non-mathematical presentation of evolving dictionaries, novel analytical perspectives, new evidence, and a reliance on value assumptions. He traces the underlying assumptions, continuities, and differences among major economists including Adam Smith, Thomas Malthus, David Ricardo, Alfred Marshall, John Maynard Keynes, Karl Marx, Thorstein Veblen, and Joseph Schumpeter. Readers will grasp how the classic theories still influence economists' mental models today and come away with a basic economic literacy that puts this important social science in historical context. This is essential reading for all the social and policy sciences.
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Autorenporträt
Robert Mitchell is a writer, martial arts expert, and archdeacon in the Old Catholic tradition from Richmond, VA. A martial artist for over thirty years, he is the founder of Heritage Arts Inc., a 501(c)(3) federally-recognized non-profit educational charity providing free instruction in martial arts, fitness, outdoor skills, and spiritual development. In 2011 he was awarded the rank of Master by the Combat Martial Arts Practitioners Association, and in 2019 became an authorized instructor of Mark Hatmaker's Frontier Rough & Tumble Martial arts program. On the subject of martial arts and related topics he has penned "Martial Grit: Real Fighting Fitness on a Budget" and "The Calisthenics Codex" which has been in Smashword's Top 10 fitness books since its publication in 2015. His fiction works include the novels "Chatters on the Tide," "Ghilan" and "The 14th Mansion," as well as numerous poems, 'zines, comic books, and short pieces. His work has appeared in the Journal of Asian Martial Arts, Hulltown 360 Literary Journal, and more. He graduated from the University of Virginia in 1983 with a B.A. in English. He and his wife are the proud parents of four children and five grandchildren.