<i>'Two of Scandinavia's most illustrious scholars have produced a highly readable guide to political economy. By focusing on the competing narratives of Marx, Keynes, and Hayek, their book makes sense of the last century of economic history and provides a powerful diagnosis of the crises that have wracked the global economy over the last decade.'</i>

- Fred Block, University of California at Davis,

<i>'This excellent volume portrays Marx, Keynes and Hayek not only as great economists, but also as visionary thinkers who tried to come to grips with the changes and crises of their time. The book serves as a reminder that economics must be about the real world challenges, rather than simply the construction of models. It also show how much we can still learn from this diverse but fascinating trio of giants.'</i>

- Geoffrey M. Hodgson, University of Hertfordshire, UK,

This book examines the three historical master tales and questions their validity and relevance in today's moment of global disorientation and lack of convincing and dominant economic narrative.

Investigating the ideological dimension and exploring the continued impact of Marx, Keynes and Hayek, the authors demonstrate how these three economic narratives became entangled over time and under increasing complexity, overlapping and competing with each other. The book reflects on the meaning of the historical legacy of the three narratives and investigates their significance today. All three outlined the prospects of a better and more economically efficient world with increased social justice, Magnusson and Strath argue that they constitute a legacy on which a new economic tale must be based, a legacy to draw on or confront.

A concise and engaging work, this is an ideal resource for students and academics interested in economics, political science, history and global studies. A Brief History of Political Economy presents a powerful economic history of the last 170 years as a basis for economic reconsideration.

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This book examines the three historical master tales and questions their validity and relevance in today’s moment of global disorientation which lacks a convincing and dominant economic narrative. A Brief History of Political Economy presents a powerful economic history of the last 170 years as a basis for economic reconsideration.
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Contents: 1. The Tale of Marx 2. The Tale of Keynes 3. The Tale of Hayek Epilogue:Towards a New Tale? Index

Produktdetaljer

ISBN
9781785369049
Publisert
2016-07-29
Utgiver
Vendor
Edward Elgar Publishing Ltd
Høyde
234 mm
Bredde
156 mm
Aldersnivå
UP, 05
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
200

Biographical note

Lars Magnusson, Professor of Economic History, Department of Economic History, Uppsala University, Sweden and Bo Stråth, Professor Emeritus of Nordic, European and World History, University of Helsinki, Finland