Understanding 'Classical' Economics: Studies in Long Period Theory

1st Edition

Heinz D. Kurz, Neri Salvadori

Routledge
Published February 27, 2014
Reference
ISBN 9780415757102 - CAT# Y162916
Series: Routledge Studies in the History of Economics

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Summary

The 'classical' approach to economic problems, which can be traced back to Adam Smith and David Ricardo, has seen a remarkable revival in recent years. The essays in this collection argue that this approach holds the key to an explanation of important present day economic phenomena. Focusing on the analytical potentialities of classical economics, the contributors illustrate how an important element of understanding its approach consists of developing and using its explanatory power.

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