Say's Law : : An Historical Analysis / / Thomas Sowell.

Say's Law-the idea that "supply creates its own demand"-has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution as it emerged from successive controversies, particularly two of the most bitter and long lasting in the history of the discipline...

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Superior document:Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2015]
©1972
Year of Publication:2015
Language:English
Series:Princeton Legacy Library ; 1591
Online Access:
Physical Description:1 online resource (256 p.)
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Other title:Frontmatter --
CONTENTS --
Acknowledgments --
1. The Early Development of Say's Law --
2. Sismondi and Equilibrium Income --
3. The British Dissenters --
4. The General Glut Controversy --
5. The Counterrevolution of John Stuart Mill --
6. The Marxian Challenge --
7. The Neoclassical Period --
8. The Keynesian Revolution --
9. General Implications --
ANNOTATED BIBLIOGRAPHY AND INDEX --
ANNOTATED BIBLIOGRAPHY --
INDEX
Summary:Say's Law-the idea that "supply creates its own demand"-has been a basic concept in economics for almost two centuries. Thomas Sowell traces its evolution as it emerged from successive controversies, particularly two of the most bitter and long lasting in the history of the discipline, the "general glut controversy" that reached a peak in the 1820s, and the Keynesian Revolution of the 1930s. These controversies not only involved almost every noted economist of the time but had repercussions on basic economic theory, methodology, and sociopolitical theory. This book, the first comprehensive coverage of the subject, will be an indispensable addition to the history of economic thought. It is also relevant to all social sciences concerned with economic prosperity, with the nature of intellectual orthodoxy and insurgency, or with the complex relationships among ideology, concepts, and policies.Originally published in 1972.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Format:Mode of access: Internet via World Wide Web.
ISBN:9781400871223
9783110426847
9783110413601
9783110442496
DOI:10.1515/9781400871223
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Thomas Sowell.