Description |
A survey of the history of economics, with an emphasis on the origins, nature, and course of leading economic ideas. This class aims to situate economic ideas in their historical context, thus providing a deeper understanding of economic life and theories of it. We critically appraise economic texts from Aristotle to 20th century writers, not solely out of antiquarian interest, but also for their insights into commercial society's foundational issues: the role of the state in the economy, the nature of human action and of the social good, and the social effects of property rights, prices, trade and the other defining attributes of markets. |