Introduction

John Mills

Chapter 1 in A Critical History of Economics, 2002, pp 1-12 from Palgrave Macmillan

Abstract: Abstract Economics is a discipline against which this book argues that serious charges need to be laid. Of course, there has been progress over the last two and a quarter centuries since it is generally reckoned to have come of age with the publication of The Wealth of Nations, published by Adam Smith, in 1776. The indictment is a different and more subtle one. It is that not as much has been achieved as could and should have been, that avoidable mistakes have been made along the way, and that there is much unfinished business.

Keywords: Nineteenth Century; Gross Domestic Product; Industrial Revolution; Full Employment; Economic Idea (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1057/9781403914408_1

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