Why read History of Economic Analysis?

Book cover of History of Economic Analysis

Book description

At the time of his death in 1950, Joseph Schumpeter--one of the great economists of the first half of the 20th century--was working on his monumental History of Economic Analysis. A complete history of efforts to understand the subject of economics from ancient Greece to the present, this book is…

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Why read it?

2 authors picked History of Economic Analysis as one of their favorite books. Why do they recommend it?

Panayotis G. Michaelides

Author

Since my PhD was based on Schumpeter's work, I can confidently state that it is well worth exploring the fascinating world of Economics through one of history's greatest economists.

This masterpiece takes the reader on a journey through every corner of the subject, paying particular attention to even the smallest details. A unique and thought-provoking view of Economics is offered by Schumpeter in his over 1000 pages of brilliant insights.

This book distinguishes itself from others through its deep and unconventional interpretation of Economics. It is a must-read for anyone seeking a thorough understanding of Economics as Schumpeter provides fresh…

From Panayotis' list on the evolution of economics.

Avner Offer

Author

There is little abstraction and no maths.

Like a picaresque novel, it is a beguiling tour of every nook and cranny of economics ever, by a very great economist.

Deliberately provocative judgments, sometimes plain wrong (e.g. about Adam Smith) but always founded on deep knowledge and acute thought.

More than 1000 pages, never boring, with some original heterodox economic interpretation, e.g. on how money is created. Dip into or read right through.

He has read everything and knows it all.

From Avner's list on the history of economic thought.