The Economics of John Rae
Here respected economists redress the general neglect of Rae as a classical economist and examine his role as a political economist. This important book should stimulate further study by historians of economic thought and methodology.
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|Library of Congress
||Economics: Textbooks & Study Guides
Description of this Book
John Rae wrote on a number of scientific subjects, but it is for his contribution to economics that he is best remembered. Although Rae was held in high esteem by some of the great names from the past who have openly acknowledged hsi originality and their indebtedness to him, he has not yet received all the attention he deserves. The Economics of John Rae redresses the general neglect of Rae as a classical economist, and examines his role as a political economist. The contributions to the volume assess: * John Rae's life and works * issues of methodology and history * capital and related issues * Rae's contributions to the development of economic ideas in the history of economic thought. Here respected economists assess Rae's contributions to economics in the areas of economic methodology, history of technology, conspicuous consumption, he theory of capital and technical change, the demand for and supply of capital, saving and interest in the theory of accumulation, monetary theory, international trade and public policy. This collection is a much-needed evaluation of the work of an important economist, and will stimulate further study by historians of economic thought and methodology. R. Warren James; O.F. Hamouda, York University, Ontario, Canada; S.A. Drakopoulos, University of Aberdeen, UK; B.B. Price, MIT, USA; Roger Mason, University of Salfo
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