Economic Theory in Retrospect

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The book explores the evolution of economic theories and ideas from Adam Smith's foundational concepts to John Maynard Keynes' revolutionary approaches. It delves into the contributions of various economists, examining how their thoughts shaped modern economic policies and practices. Key themes include the development of capitalism, the role of government in the economy, and the impact of historical events on economic theory. Through this historical lens, readers gain insight into the intellectual debates that have influenced economic thought over time.