The Penguin History of Economics

The Penguin History of Economics

Roger E. Backhouse / Jun 16, 2019

The Penguin History of Economics A very clear reliable and readable history of economic thought from the ancient world to the present day From Homer to Marx to John Stuart Mill Backhouse shows how to keep your Keynsians from your p

  • Title: The Penguin History of Economics
  • Author: Roger E. Backhouse
  • ISBN: 9780140260427
  • Page: 422
  • Format: Paperback
  • A very clear, reliable and readable history of economic thought from the ancient world to the present day From Homer to Marx to John Stuart Mill, Backhouse shows how to keep your Keynsians from your post Keynsians and New Keynsians A core book.

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      Published :2018-010-01T08:23:58+00:00

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      • Roger E. Backhouse

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    428 Comments

    1. The introduction to The Penguin History of Economics raises two issues about the subject which are useful to remember in the subsequent read. The first is that there is no universally accepted definition of the subject and the second is that any contributor to the history of economics will pick and choose which works and writers are important. Backhouse chooses a broad definition of economics encompassing the philosophic, sociological and psychological aspects of the discipline. His story traces [...]


    2. Mr. Backhouse displays an elegant exposition on the roots of economic thought, starting from the ancient world and the middle ages until the late twentieth century. He explains the evolution of economic theory as a distinct discipline, incorporating ideas from religion, philosophy, history, mechanics and law. Noticeably, he brilliantly articulates his thoughts on contributions of lesser-known figures to bringing the economic ideas forward, departing from majority of books that solely highlight S [...]


    3. With a history like this, I'm never sure whether the author has become boring halfway through, the subject matter has become boring halfway through, or I have become bored with the subject matter. With this history of economics, I suspect mostly the latter two factors are at play. Economics is such an important influence on our modern civilisation and way of life that an understanding of it is essential to understand what is happening today. Equally the idea of how economics came to be that way [...]


    4. At just about over 300 pages and already a bit dated it gives enough insight into the economic history of Europe and North America to be interesting. Its limited scope however limits how interesting it is.


    5. A workman like account of the subject, thorough, interesting if you know anything about economics but probably not for the general reader. More for MBA students who are totally economically illiterate about the idea that economics has a history and that there are more takes on economics that Chicago School free market fundamentalist and beautiful quant models with no connection to the real world. For them it might be an eye opener or in my case it did bring me up to date on thinking in this area [...]


    6. This is great for those who are starting Economics, be it to read at an undergraduate level or simply to master this field of knowledge. It gives an outlook to the development of Economics as an academic field and recommends some great reading materials.


    7. Translation in my native language was horrible and there was a lot of important knowledge cut off between economic periods.





    8. Thoroughly enjoyed this book it is well written, informative and concise. Well referenced too, so that you can follow up on the original texts that shape the book.


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