Making of the Economic Society, The

Description

For courses on Economics and Society, Economic History, Economic History of the West,  and The History of Capitalism.

Heilbroner/Milberg is the only introductory level text that traces the development of our economic society from the Middle Ages to the present, offering a balanced perspective on why our economy is the way it is and where it may be headed.

New to this Edition:

• NEW!  Chapter on the “Great Recession” of 2007-2008 with analysis of its causes and a comparison to the Great Depression.
• NEW!  Discussion of “Why Bubbles form and Why they Burst” with historical references and a review of some theories of financial crisis.
• NEW!  Reflection on the future of economic thought in light of the recent failure of economists to predict the crisis of 2007-2008.

Expanded details & Updated information

• To reflect the most recent data, all tables & graphs have been updated where appropriate.
• In this latest edition, the authors expanded details on the rise of China to world economic importance
• In addition,  an updated discussion of the workings of “tradition” on the means of solving the economic problem

 

Heilbroner/Milberg is the only introductory level text that traces the development of our economic society from the Middle Ages to the present, offering a balanced perspective on why our economy is the way it is and where it may be headed.

 

“Would you like an introductory level book that gives students a historical perspective on how our market economy came to be?  Would you also like a book that helps students contemplate where our economic society is headed in the future?”

 

Although the first part of The Making of Economic Society has as its purpose explaining how the economy came to be what it is, the second part seeks to help us anticipate what that world may look like in the future.

 

“Are you considering this book for a freshmen level non-majors course, or are you considering it for a course taught to economics majors?”

 

Heilbroner/Milberg was written to be accessible to readers, regardless of their economic background and it is widely used in courses taught to freshmen and sophomores, as well as juniors and seniors. 

With its roots in history and eyes on the future, this book traces the development of our economic society from the Middle Ages to the present, offering a balanced perspective of why our economy is the way it is and where it may be headed. It explores the catalytic role past economic trends and dynamics–particularly capitalism–have played in creating the present challenges we face, and offers suggestions on how we may deal with them most effectively in the future.

Hilbroner/Milberg, The Making of the Economic Society 13e

Table of Contents

 

Chapter 1     

The Economic Problem

Chapter 2     

The Premarket Economy

Chapter 3   

The Emergence of Market Society

Chapter 4    

The Inductrial Revolution

Chapter 5    

The Impact of Industrial Technology

Chapter 6    

The Great Depression

Chapter 7    

The Rise of the Public Sector

Chapter 8    

Modern Capitalism Emerges in Europe

Chapter 9    

The Golden Age of Capitalism

Chapter 10    

The Rise and Fall of Socialism

Chapter 11    

Why Some Nations Remain Poor, Emerging Markets and the Persistence of Global Poverty

Chapter 12     

The Great Recession in Historical Perspective

Chapter 13    

Problems and Possibilities