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Index
Title Page Copyright Contents What is economics? Old money Pythagoras Harmony of the Spheres Oikonomikos Plato’s Republic Aristotle A system of opposites Limited vs. unlimited Spreading the word The Dark Ages The Middle Ages The growth of Islam Feudalism The universities Saint Thomas Aquinas Copernicus Navarrus Mercantilism The rise of empire Mercantilist economics Power of the state Strength in numbers Rational mechanics Atoms Mad markets Light vs. darkness Leviathan Love of gain Locke’s blank slate The social contract The value of money One vs. plurality Supply and demand Silver crisis Free trade The science of money William Petty Political arithmetick Weights and measures Making some dough François Quesnay The Physiocrats Le Zig-zag Blood-letting Go with the flow Jacques Turgot Adam Smith The Scottish Enlightenment The age of commerce The mercenary society The Wealth of Nations A labour theory of value The natural price The law of economic gravity The invisible hand Market order Divide and conquer Growing markets The Industrial Revolution Thomas Malthus Exponential growth Sickly season Survival of the fittest Jeremy Bentham The hedonistic science Rational society David Ricardo High rent Repealing the Corn Laws Comparative advantage John Stuart Mill Spread the wealth Human improvement Steady state Making Money Karl Marx Surplus value Boom and bust Class revolt The end of history Say you want a revolution Supply and demand Real science. Marginal utility Rational economics Market oscillations The average man Ideal markets Léon Walras Pure economics The groping hand Vilfredo Pareto The 80-20 rule Neoclassical economics Rational economic man At rest vs. in motion Sunspots A specialized field Alfred Marshall Burn the mathematics Carl Menger Subjective value The spontaneously emerging hand John Bates Clark Economies of scale Conspicuous consumption The leisure class Irving Fisher Quantity theory Fast money Crash John Maynard Keynes The paradox of thrift The multiplier effect Animal spirits The long run The New Deal New world order The business cycle Super cycle Creative destruction Hayek and the uncomputable Hayek’s influence The neoclassical synthesis The Phillips curve Paul Samuelson Bastard Keynesianism Losing sight of uncertainty The Arrow-Debreu model Shopping list Future perfect The jewel in the crown Milton Friedman Monetarism Stagflation Slow and steady Natural unemployment The Chicago approach Rational markets Perfect model Efficient markets Economic astrology Bad forecast The normal distribution Financial engineering The Bank of Sweden Prize The Apollo missions Model economy Earthrise Spaceship Earth Nicholas Georgescu-Roegen Natural capital Steady state Ecological economics The church of economics Behavioural economics Information asymmetry Power law The science of happiness Feminist economics The Minsky Moment Crash-prone Complex systems Agent-based models Uncertainty reappears Subprime A lack of ethics Linear science Post-Pythagorean economics “Eco-nomics” Further Reading About the Author and Artist Acknowledgements Index
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