Front cover image for The invisible hand : economic thought yesterday and today

The invisible hand : economic thought yesterday and today

This book explains the world of economics in simple terms. Starting with the questions put forward by the first economists it proceeds to the core of today's economic theory and provides the reader with a straightforward introduction to what economists discovered about wealth, unemployment, growth, and inflation. The author is Professor of Economics at the University of Munster in Germany, where the original version has been a great success. Renouncing the use of any formal methods, he offers the reader a historical perspective of the main economic problems the world has to deal with today. Th

eBook, English, ©2005
Springer, Berlin, ©2005