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Economic Theory in the Twentieth Century, An Intellectual History - Volume I

1890-1918. Economics in the Golden Age of Capitalism

Palgrave Macmillan
  • Offers a sophisticated guide to understanding how Economics has developed over a hundred years since the late 19th century
  • Provides insight into the thinking of major international figures in the discipline as shown in their major works
  • Presents both an intellectual reconstruction and historical reconstruction to the topic

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xi
  2. Economic Theory in the Golden Age of Capitalism: From the Last Decades of the Nineteenth Century to the First World War

    1. Front Matter

      Pages 13-13
    2. Introduction

      • Roberto Marchionatti
      Pages 15-36
    3. Economics in the European Peripheries

      • Roberto Marchionatti
      Pages 195-218
    4. Great Controversies

      • Roberto Marchionatti
      Pages 267-297
    5. The Great War and the End of an Era

      • Roberto Marchionatti
      Pages 299-302
  3. Back Matter

    Pages 303-309

About this book

This book, set out over three volumes, provides a comprehensive history of economic thought in the 20th century with special attention to the cultural and historical background in the development of theories, to the leading or the peripheral research communities and their interactions or controversies, and finally to an assessment and critical appreciation of economic theories throughout these times. It takes as its subject matter the canon of publications by major thinkers who self-consciously conceived of themselves as 'economists' in the modern academic sense of the term. It is a history of how, when and where the discipline of Economics took root in major universities and scientific communities of economists, and evaluates the emergence of different 'schools' of thoughts.

Volume I addresses economic theory in the golden age of capitalism. It considers the contributions of Marshall, Pareto, Wicksteed, Schmoller, Bohm-Bawerk, Schumpeter, Wicksell, Fisher, Veblen and  other major thinkers, as well as the universities of Cambridge, Lausanne, Vienna, Berlin, and some others in US, before concluding with a look at the impact that the great war had on the discipline. 

This work provides a significant and original contribution to the history of economic thought and gives insight to the thinking of some of the major international figures in economics as shown in major works published across the last 130 years. It will appeal to students, scholars and the more informed reader wishing to further their understanding of the history of the discipline.

Authors and Affiliations

  • Department of Economics and Statistics, University of Turin, Turin, Italy

    Roberto Marchionatti

About the author

Roberto Marchionatti is Professor of Economics at the Department of Economics and Statistics, University of Turin, Italy and Fellow of the Accademia delle Scienze di Torino, Italy. He has been Visiting Scholar at the University of New York, USA and University of Cambridge, UK, and he is Life Member of Clare Hall, Cambridge University. He is Editor of Annals of Fondazione Luigi Einaudi: An Interdisciplinary Journal of Economics, History and Political Science, and he has been co-editor of History of Economic Ideas. He has published over 40 journal articles, and more than 15 books as well as a great number of contributions to edited volumes.

Bibliographic Information

Buy it now

Buying options

eBook USD 89.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 119.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 119.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access