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List of publications in economics


This is a list of important publications in economics, organized by field.

Some reasons why a particular publication might be regarded as important:

Description: The book is usually considered to be the beginning of modern economics. It begins with a discussion of the Industrial Revolution. Later it critiques the mercantilism and a synthesis of the emerging economic thinking of his time. It is best known for the idea of the invisible hand , although this idea is only mentioned once in the book. Smith was critical of the 'vile maxim' of the 'masters of mankind', all for themselves and nothing for other people. The Butcher, the Baker, and the Brewer provide goods and services to each other out of self-interest; the unplanned result of this division of labor is a better standard of living for all three.

Importance: Topic creator, Breakthrough, Influence, Introduction

Description: Das Kapital is a political-economic treatise by Karl Marx. Marx wrote this critical analysis of capitalism and of the political economy from the perspective of historical materialism, the view that history can be understood as a sequence of modes of production in which exploiting classes extract an economic surplus from exploited classes.

Importance: Breakthrough, Influence

Description: Elaborates, clarifies and corrects previous theories, and adds important new concepts

Importance: Breakthrough, influence (esp on Marx), broadened scientific foundations of economics

Description: Describes how poverty in the midst of plenty results from unequal rights to use natural resources, and declining wages in the face of increasing labor productivity results from the Law of Rent. Advocated Georgism, specifically a land value tax.

Importance: Influence, Breakthrough

Influence: Credited with co-founding of marginal utility analysis and the Austrian School of economics.

Influence: Standard text for generations of economics students.


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