HONR-2550 : The Evolution of Economics

John Maynard Keynes wrote, The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. This course critically investigates the evolution of the dominant ideas that guide the economic aspect of modern society. The study ranges from the mid-17th century to the late 20th century. Authors covered include Turgot, Smith, Ricardo, Pareto, Keynes, Arrow and Sen.