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On Classical Economics

Thomas Sowell's many writings on the history of economic thought have appeared in a number of scholarly journals and books, and these writings have been praised, reprinted, and translated in various countries around the world.



The classical era in the history of economics is an important part of the history of ideas in general, and its implications reach beyond the bounds of the economics profession.  On Classical Economics is a book from which students can learn both history and economics. It is not simply a Cook's tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi?and why it was neglected?and a detailed look at John Stuart Mill's enigmatic role in the development of economics and the mysteries of Marxian economics.



Clear, engaging, and very readable, without being either cute or condescending, On Classical Economics can enable a course on the history of economic thought to make a contribution to students? understanding of economics in general--whether in price theory, monetary theory, or international trade.  In short, it is a book about analysis as well as history.

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Thomas Sowell s many writings on the history of economic thought have appeared in a number of scholarly journals and...

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On Classical Economics

Pages: 320, Hardcover, Yale University Press

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ProductReviews86/100 (6 Reviews)

Recent Reviews

5/5
From: Amazon
Posted: Aug-27-2008
Good History of Classical Economic Thought

This is a good book for those seeking a more detailed understanding of the history of classical economic thought from the perspective of a free market economist. Since Sowell does not spend much time providing broad overviews of the...

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5/5
From: Amazon
Posted: Aug-23-2008
A very illustrating synthesis

Many economists at some point of their careers have met Schumpeter's magnificent opus "History of Economic Analysis". However, for the vast majority of them, who are not normally devoted full time to the study of economic doctrines,...

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2/5
From: Amazon
Posted: Sep-18-2007
Sowell's account of classical economics is outdated and unreliable

Thomas Sowell's On CLASSICAL ECONOMICS is about how little Sowell thinks of classical economics, not a critical restatement of classical economic principles to assist modern economic analysis or policymaking. Moreover, it is the...

read full review | report as inappropriate
5/5
From: Amazon
Posted: Sep-10-2007
On Classical Economics

This book is essential reading for anyone aspiring to understand more fully the field of economics in general and classical economics in particular. As often as Dr. Sowell has mentioned one particular author, a first or fifth reading of...

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Selected Reviews

5/5
From: Amazon
Posted: Aug-27-2008
Good History of Classical Economic Thought

This is a good book for those seeking a more detailed understanding of the history of classical economic thought from the perspective of a free market economist. Since Sowell does not spend much time providing broad overviews of the...

read full review | report as inappropriate
2/5
From: Amazon
Posted: Sep-18-2007
Sowell's account of classical economics is outdated and unreliable

Thomas Sowell's On CLASSICAL ECONOMICS is about how little Sowell thinks of classical economics, not a critical restatement of classical economic principles to assist modern economic analysis or policymaking. Moreover, it is the...

read full review | report as inappropriate
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