1st Edition

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

By F.A. Hayek Copyright 1992

    This volume presents much newly published work by Hayek on methodology of economics, its development as a subject, its key thinkers and its important debates. It is published in corrected, revised and annotated form with a long introduction.

    part 1. The economist and his dismal task. The trend of economic thinking -- On being an economist -- Two types of mind -- History and politics -- part 2. The origins of political economy in Britain. Francis Bacon : progenitor of scientism (1561-1626) -- Dr. Bernard Mandeville (1670-1733) -- The legal and political philosophy of David Hume (1711-1776) -- Adam Smith (1723-1790) : his message in today's language -- part 3. English monetary policy and the bullion debate. Genesis of the gold standard in response to English coinage policy in the 17th and 18th centuries -- First paper money in 18th-century France -- The period of restrictions, 1797-1821, and the bullion debate in England -- The dispute between the currency school and the banking school, 1821-1848 -- Richard Cantillon (c. 1680-1734) -- Henry Thornton (1760-1815) -- PART IV. CURRENT OF THOUGHT IN THE 19TH CENTURY -- Frédéric Bastiat (1801-1850), Jules Dupuit (1804-1866), Hermann Heinrich Gossen (1810-1858).

    Biography

    W. W. Bartley, Stephen Kresge