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The Trend of Economic Thinking: Essays on Political Economists and Economic History - Paperback | Diverse Reads

The Trend of Economic Thinking: Essays on Political Economists and Economic History

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In The Trend of Economic Thinking Hayek presents many of the figures that influenced the development of his economic thought. The articles range from well-known economists such as Mandeville, Hume, Smith, and Bastiat, to lesser-known figures such as Dupuit and Gossen, showing the breadth of Hayek’s study of the history of economic thought.

F. A. Hayek (1899–1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economic Sciences in 1974, was a pioneer in monetary theory and one of the principal proponents of classical liberal thought in the twentieth century. He taught at the London School of Economics, the Universityof Chicago, and the Universityof Freiburg.

W. W. Bartley, III (1934–1990) was a Professor of Philosophy and a Senior Research Fellow at Stanford Universityand an author.

ISBN-13: 9780865977426

Media Type: Paperback

Publisher: Liberty Fund - Incorporated

Publication Date: 02-17-2009

Pages: 400

Product Dimensions: 6.00(w) x 8.90(h) x 1.00(d)

Age Range: 18 Years

Series: Collected Works of F.A. Hayek (Paperback)

F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and a leading proponent of classical liberalism in the twentieth century. He taught at the University of London, the University of Chicago, and the University of Freiburg.

Table of Contents


Editorial Foreword ix

Introduction 5

PART I. THE ECONOMIST AND HIS DISMAL TASK

One
The Trend of Economic Thinking 17

Two
On Being an Economist 35

Three
Two Types of Mind 49

Four
History and Politics 56

PART II. THE ORIGINS OF POLITICAL ECONOMY IN BRITAIN

Five
Francis Bacon: Progenitor of Scientism (1561-1626) 75

Six
Dr. Bernard Mandeville (1670-1733) 79

Seven
The Legal and Political Philosophy of David Hume (1711-1776) 101
Addendum:  A Discovery about Hume by Keynes and Sraffa 118

Eight
Adam Smith (1723-1790): His Message in Today's Language 119
Addendum:  Review, Adam Smith as Student and Professor 122

PART III. ENGLISH MONETARY POLICY AND THE BULLION DEBATE

Nine
Genesis of the Gold Standard in Response to English Coinage Policy in the 17th and 18th Centuries 127

Ten
First Paper Money in 18th-Century France 155

Eleven
The Period of Restrictions, 1797-1821, and the Bullion Debate in England 177

Twelve
The Dispute Between the Currency School and the Banking School, 1821-1848 216

Thirteen
Richard Cantillon (c.1680-1734) 245
Addenda:  On Higgs 290

Fourteen
Henry Thornton (1760-1815) 295

PART IV. CURRENTS OF THOUGHT IN THE 19th CENTURY

Fifteen
Frederic Bastiat (1801-1850), Jules Dupuit (1804-1866), and Hermann Heinrich Gossen (1810-1858) 347

Chronological Order of Contents 373

Bibliographical Note 375

Editor's Acknowledgements 376

Index 377