Property and Prophets: The Evolution of Economic Institutions and Ideologies (Harpercollins Series in Economics)

This introduction to the history of economic thought combines a discussion of the evolution of the most important institutions of capitalism, including analyses of ideological defences and radical critiques. This history shows the situations and interest groups that gave rise to classical economics, socialist theory, Marxian economics, Neoclassical economics, Veblenian economics, and Keynesian economics. Hunt interweaves economic and intellectual history while exploring the evolution of capitalism. This edition has been updated to feature new appendices as well as revised material on the demise of the Communist countries and the diminution of intensity of the Cold War.