The role of government in the history of economic thought

By Steven G. Medema, Peter J. Boettke

Subjects: Political science, Économie politique, Government policy, Histoire, Economics, political aspects, Politique gouvernementale, Economic development, Overheidsbeleid, Economics, History, Economische geschiedenis, Economic policy, Développement économique

Description: The Role of Government in the History of Economic Thought examines a controversial area of economic analysis: the appropriate role of government within the economic system. If the first two-thirds of the twentieth century were dominated by the active involvement of economists in government policymaking, blurring the lines between the spheres of economics and politics, then the last several decades have witnessed something of a reversion to the classical economics of Adam Smith and John Stuart Mill.