pt. 1. The invention of economic growth -- pt. 2. The Scottish tradition from Hume to Smith -- pt. 3. Accumulation and growth : Turgot and Smith -- pt. 4. Growth, saving and distribution -- pt. 5. Epilogue : John Rae and technical change.

Despite their differences on other questions, Hume and Steuart had almost identical theories of long-run economic development. In their story, agriculture can produce a surplus of food to support urban manufacturing (and other things), but will not do so unless farmers want to trade the surplus...

This is a unique and detailed book which surveys the diffusion and reception of Alfred Marshall’s ideas and the ways they have influenced the development of economic science up to the present day.

The invisible hand as it appears in the Theory of Moral Sentiments is commonly treated as an afterthought in discussions of the version in the Wealth of Nations, but it deserves attention in its own right. I will argue that there is an entirely coherent (if not entirely plausible) economic...