Mark Blaug

Whether or not we reject the Marxist schema there is little doubt that Marx was a great economist. The three volumes of Capital, contain some pieces of remarkable economic analysis from which modern economists can still learn; however difficult he is to read, there are moments when, like Ricardo and Walras, he can revel in the abstract power of economic reasoning.

Pioneers in economics. 23 :. Sect. 2, The golden age of classical economics. Karl Marx (1818 - 1883)

Thomas Robert Malthus and John Stuart Mill dominated the study of the social sciences in the Nineteenth Century. It was Malthus, not Ricardo or Marx, who was the most famous social scientist of the nineteenth century. This fame rested upon his pamphlet, An Essay on the Principle of Population, whose harsh conclusion caused much contemporary concern. However, the essays published in this volume emphasise the theological, moral and historical orientation of his thought and the more positive attitude towards the masses found within his later writings. The breadth and sophistication of John Stuart Mill's life and works is no less stunning now than it was in the nineteenth century. Not only an economist, Mill was also a Benthamite, logician, philosopher, political theorist and belle lettrist. Recent scholarship has reinforced our sense of a thinker whose system of thought as a whole is rich, subtle and basically coherent within its own terms.

Thomas Robert Malthus (1766-1834), and John Stuart Mill (1806-1873)

A collection of the prolific economist's essays written since 1990, in sections on history of economic thought, methodology of economics, economics of education, cultural economics, and book reviews. Subjects include the work of Adam Smith, Hayek, and Keynes, the economic case for subsidies for the arts, the historiography of economics, and education and the employment contract. Annotation copyright by Book News, Inc., Portland, OR

Recent Essays by Mark Blaug

Not Only an Economist

Thomas Aquinas is generally acknowledged to be the greatest theologian of the Middle Ages and his masterpiece, 'Summa Theologica', provides a complete and authoritative statement of medieval economic thought that has remained the official Catholic view right up to the present time. St Thomas had a decisive influence on economic thought in at least three broad areas: the theory of private property, the theory of the just price and the doctrine of usury. St Thomas's great contribution to economic thought, as to theology, moral philosophy, and politics, lies in his emphasis on ratiocination on the Greek ideal of accepting nothing unless good reasons can be given for it.

St. Thomas Aquinas (1225-1274)

This is a history of economic thought from Adam Smith to John Maynard Keynes--but it is a history with a difference. Firstly, it is history of economic theory, not of economic doctrines. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics in the effort to encourage students to become acquainted at first hand with the writings of all the great economists. This fifth edition adds new Reader's Guides to Walras' Elements of Pure Economics and Keynes' General Theory of Employment, Interest and Money as well as major additions to the chapters on marginal productivity theory, general equilibrium theory and welfare economics.

Economic Theory in Retrospect

Selected Readings

Economics of Education

The formation of human capital; Education as private and social inestm.

An Introduction to the Economics of Education

Denis O'Brien

Geoffrey Wood

Walter Eltis

Don Patinkin

Robert Skidelpsky

Essays discuss the quantity theory of money, its development and its continuing relevance for contemporay economics

Mark Blaug

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