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Economic Thought Before Adam Smith (Large Print Edition): An Austrian Perspective on the History of Economic Thought, Volume 1 Paperback – Large Print, January 1, 2006
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The book then continues on with example after example of highly intelligent, gifted thinkers who kept disagreeing with each other through the centuries. In fact, one impression I gained was that the Absolutist, or total government-control-of-everything theory, has alternated many times with the Property rights/Natural Law theory of individual rights and free markets. And perhaps the Black Death/Plague years really happened because that was in a time of the Absolutist theory being predominate, and both rich and poor were so impoverished that their health failed from hunger and weakness and exhaustion, and the inability to practice sanitation and rat control - because the governments had ruined the economy so badly. Wow!
Not that it's all generalities. This book is stuffed full of names, and often will reverse your opinion of who really invented many of the theories and thought systems we've learned about in history classes. The connections and influences, the famous schools and philosophers, and the catastrophic reversals of opinion and the huge mistakes made by famous people, is sure to have you shaking your head. So little learning from history, even by the most influential and famous of thinkers!
There is truly nothing new under the sun. But this book will give you perspective and a degree of understanding of both history and economics which is very uncommon in this day. Highly recommended, I actually enjoyed it.
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