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Since the marginal revolution of the 1870s, the economic theory of decision-making has been based on the notion of utility. Utility, however, is not measurable. This book reconstructs economists' struggles with issues related to utility measurement from the 1870s to the beginning of behavioral economics in the mid-1980s.
Reconsiders the role of the Phillips curve in macroeconomic analysis in the first twenty years following the famous work by A W H Phillips, after whom it is named.
This book studies how, from the last third of the 18th century to 1848, comparative costs of slave and free labor played a key role in the French debate over the abolition of slavery. The book thus offers an original view upon the connection between economic calculation and morality.
Founder of Modern Economics offers stimulating insight into a towering figure's influence on economics: a discipline and way of thinking that influences business, policy making, and everyday life.
John Stuart Mill constructed the first serious radical economics. Mill saw laissez-faire capitalism as a transitional system from which the working classes might emerge with decent wages, control of their workplaces, and a chance at meaningful individual development. Mill's understanding of progress became the very foundation of radical reform.
In The Economy of the Word, Keith Tribe examines the historical construction of economic language.
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