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Economic Theory And Natural Philosophy
The Search for the Natural Laws of the Economy

Charles M.A. Clark, Department of Economics, University College Cork, Ireland Foreword by Robert L. Heilbroner, Norman Thomas Professor Emeritus, New School for Social Research, US
1992 208 pp Hardback 978 1 85278 445 4 £73.00 on-line discount £65.70

‘Clark’s discussion is wide-ranging; it blends his own critical reading of texts with the effective use of a particularly wide selection of secondary literature, and it contains material which should be of interest to anyone with a concern either for the history of thought of for methodology.’
– Jeremy F. Shearmur, Journal of the History of Economic Thought

‘ . . . it is clear that an important vision is emerging which presents a fundamental critique of the received history and meaning of economic theory. One hopes that more economists will be persuaded by these arguments and the profession can begin to reclaim its heritage as a social science.’
– Robert E. Prasch, Review of Social Economy

In Economic Theory and Natural Philosophy Charles Clark sheds new light on the development of economic thought, paying particular attention to elements of continuity and divergence. The book offers many new insights into Adam Smith, John Stuart Mill and Victorian evolutionary social theory, the natural law foundations of the marginal utility revolution and axiomatic general equilibrium theory. In conclusion, the author argues that if economic theory is to be truly scientific it must develop a theory that is based upon history and social structure.






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