History of Economic Thought: A Critical Perspective

History of Economics Thought is the definitive critical text for courses in the history of economic thought. The text integrates the history of economic thought into the overall historical context from which it emerged. Specifically, it shows how the appearance of new theories was virtually always the result of heated debates on practical, political, social, and moral issues. E.K. Hunt provides in-depth theoretical and empirical analysis of the history off economic thought from the enlightenment to the present day. The volume examines theories of capitalism and the social and economic conditions that gave rise to them. Hunt shows that nearly all developments in the history of economic thought were responses to particular problems and circumstances. He shows, clearly, that economics is not, and has never been, value-free. History of Economic: Thought remains a major contribution to the literature.