The themes of Stark's work are extraordinarily contemporary. He discusses economic historiography and the rational reconstruction method, issues that continue to be debated today. History and Historians of Political Economy is divided into two parts. The first section explains the beginnings of the history of economic thought as well as the theoretical and historical approaches towards the subject. The second section examines the relationship between phenomena and the explanation of phenomena theory. Stark illuminates the insights and limitations of the various approaches of study to the history of economic thought by analyzing the works of Eugen DÃ¼hring, Wilhelm Roscher, Karl Marx, Joseph Schumpeter, and many other prominent scholars.
History and Historians of Political Economy is of significant value to the studies of economics and sociology. Stark's book raises a number of critical questions: How should past theories be understood and explained? What is the relationship between ideas and events? Do economic theories reflect universal truths or relative ones? These issues are as unsettled today as when originally presented. History and Historians of Political Economy is an essential addition to the libraries of economists, political theorists, sociologists, and historians of ideas.
The text includes a number of practical features:
* a 'family tree' at the beginning of each section, illustrating how the key streams and people connect and develop, accompanied by a list of key publications for that period
* integrated selections of readings from the major works enable reference to original sources
* The subject matter is divided to allow individual users to follow their preferences. The text also includes guidelines for use on a one semester course.
* Each part ends with a summary and questions to discuss, along with glossaries and suggestions for further reading
The result is a valuable aid to the study of economic thought and encourages students to examine the relevance to contemporary theory.
Many of the issues that faced economists in the past are still with us. The theories and methods of such men as Adam Smith, T. R. Malthus, David Ricardo, J.S. Mill, Karl Marx, Alfred Marshall, and J. M. Keynes are often relevant to us today—and we can always learn from their mistakes.
In his stimulating analysis Professor Barber assesses the thought of a number of important economists both in terms of the issues of their day and in relation to modern economic thought. By concentrating on the greatest exponents he highlights the central properties of the four main schools of economic thought – classical, Marxian, neo-classical, and Keynesian – and shows that although each of these traditions is rooted in a different stage of economic development, they can all provide insights into the recurring problems of modern economics.