5/30/2023 0 Comments Economic Thought by Heinz D. KurzEarly economic thought was “fairly unsystematic … and oriented towards prescription” (p 5) hence their focus on topics such as “just price” and “just taxation” (p 10). The ancient clay tablets, as Kurz notes, “are perhaps the first national income account in human history” (p 6). Heinz D Kurz’s Economic Thought: A Brief History is a welcome addition to this list.Ĭhapter 1 covers early economic thought in brief-economic observations by the ancients, scholastics, and mercantilists. Over the last two decades, several good books have been written on the history of economic thought such as Vaggi and Groenewegen’s A Concise History of Economic Thought (2003), Roncaglia’s The Wealth of Ideas (2005), Ernesto and Zamagni’s An Outline of the History of Economic Thought (2005), and Sandelin, Trautwein, and Wundrak’s third edition of A Short History of Economic Thought (2015).
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