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"Well organized. Its chapters on monetary topics and marginalist writers are balanced and informative. Many economists neglected in other histories are here given their due... As a convenient desk reference, this book has much to offer."
(Journal of Economic History)Building his story around the economists themselves, Niehans presents a pantheon of economic theory. It includes the famous from Smith and Riccardo to Samuelson and Friedman, as well as detailed discussions of lesser-known figures who have nevertheless made classic contributions. For each theorist Niehans offers a biographical sketch followed by a description, interpretation, and critical assessment of his work. With the current revival of interest in the history of economics, economists will find A History of Economic Theory not only a rich source of information but also a challenging analysis of the dynamics of scientific progress.
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