Ricardo’s Dream

How Economists Forgot the Real World and Led Us Astray

Nat Dyer (Autor)

Buch | Softcover

344 Seiten

2024
Bristol University Press (Verlag)
978-1-5292-2550-1 (ISBN)

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Ricardo's Dream tells the fascinating story of David Ricardo, Adam Smith's only real rival as the 'founder of economics': who introduced the study of abstract models to economics. He also developed the theory of trade that underpinned globalization and hides a history of power, empire and slavery.

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 facade, 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.

Nat Dyer is a writer and researcher specialising in global political economy. He is a Fellow of the Schumacher Institute and the Royal Society of Arts. He has worked for Global Witness and for Promoting Economic Pluralism and his stories have been reported on by the BBC, the New York Times and Bloomberg. Find out more at @natjdyer and www.natdyer.com.

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. New Hope

Conclusion: Look at the World

Erscheinungsdatum	05.11.2024
Zusatzinfo	Not illustrated
Sprache	englisch
Maße	140 x 216 mm
Themenwelt	Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Wirtschaft
	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-5292-2550-7 / 1529225507
ISBN-13	978-1-5292-2550-1 / 9781529225501
Zustand	Neuware