Ricardo’s Dream
How Economists Forgot the Real World and Led Us Astray

By (author) Nat Dyer

ISBN13: 9781529225501

Imprint: Bristol University Press

Publisher: Bristol University Press

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Published: 26/11/2024

Availability: Not yet available

Description
From the workings of financial markets to our response to the ecological crisis, economic theory shapes the world. But where do these ideas come from? Ricardo’s Dream tells the fascinating story of David Ricardo, Adam Smith’s only real rival as the ‘founder of economics’: The wealthiest stock trader of his day, Ricardo introduced the study of abstract models to economics. He also developed the theory of trade that underpinned globalization and hides, behind its mathematical façade, a history of power, empire and slavery. Brimming with fresh ideas and stories, Ricardo’s Dream shows how too many economists, from Ricardo’s day to our own, have turned away from observing the real world and led us astray.
Introduction: "As Certain as the Principle of Gravitation" Part 1: Birth 1. The Other Founding Father of Economics 2. "The Unshakeable Basis for International Trade" 3. Unequal Treaty 4. Black Gold 5. Newton's Mint 6. The Empire of Free Trade Part 2: Death 7. "Dropped from Another Planet" 8. "Purely Hypothetical Truths" 9. The Fall Part 3: Rebirth 10. The Return of Unreality 11. Big Finance 12. Trading Barbarians 13. Life: An Externality 14. Another Fall? Conclusion: Look at the World
  • Economic theory & philosophy
  • Popular economics
  • General (US: Trade)
  • Professional & Vocational
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List Price: £14.99