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Essay / Research Paper Abstract
A 5 page analysis of this in-depth introduction to the field of economic thought. The writer demonstrates how Heilbroner makes this field come alive through his examinations of the lives and theories of famous economists such as Marx, Malthus, and Keynes. No additional sources cited.
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5 pages (~225 words per page)
File: D0_Wphil.rtf
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economics ever written. Heilbroner first focuses in on these intriguing men. He will often highlight underappreciated aspects of these economists? thinking. An example of this is where he recounts Lord
Keynes? wholly negative appraisal of Marxism. Only after he has introduced the man does he then broach the highly technical theories which made these men famous. Heilbroner takes the
stance that economics is inextricably sociopolitical in nature. This is particularly evident when he is discussing the differences between the early Socialist economists, frequently called Utopians, and those which
came later and followed a more scientifically oriented approach first pioneered by Marx. Prior to the publication of Marx?s Communist Manifesto in 1848, the Utopian Socialist were the prevailing
school in Socialist thought. Heilbroner particularly looks at the work of Charles Fourier as representative of this school of thought. In his own words, Heilbroner serves as a docent to
the master works which he has culled from the history of economic thought. In that role, he takes the reader through the core arguments of each work. These works are
often referred to economic literature, but seldom read other then by scholars in that field. Heilbroner?s writing ability is such, however, that these highly technical arguments are comprehensible even by
someone unfamiliar with the field of economics. The works which are introduced range from the earliest economic thought found in the Bible and Aquinas to such influential volumes as
Adam Smith?s The Wealth of Nations, Malthus? Essay on the Principle of Population, and David Ricardo?s Principles of Political Economy. Also included is an introduction to John Maynard Keynes? The
General Theory of Employment, Interest and Money. Under Heilbroner?s expert guidance, the reader comes to realize that the principles of economics do not reside in mathematical equations but in wide-ranging
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