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Titlebook: History of Economic Ideas in 20 Talks; Cheng-chung Lai,Tai-kuang Ho Book 2022 The Editor(s) (if applicable) and The Author(s), under exclu

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Dead Men’s Wrong Ideas?Someone once asked: Why study the wrong ideas of dead men? Why bother to revisit the remote masters? Let us begin with the nature of science.
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The Physiocrats and Law of NatureTo secure the greatest amount of pleasure with the least possible outlay should be the aim of all economic effort… when everyone does this the natural order, instead of being endangered, will be all the better assured.
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Adam Smith and the Invisible Hand of the Market Mechanism… by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
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Thomas Malthus and Effectual DemandThis analysis supplies us with an explanation of the paradox of poverty in the midst of plenty.
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Antagonists to the Classic SchoolThe inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
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Karl Marx and the Collapse of CapitalismThe philosophers have only interpreted the world, in various ways. The point, however, is to change it.
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The Marginal School in FranceThis chapter has two parts: historical background and features of the marginal school, and the development of this marginal school in France. The next chapter will be on the cases of Germany, Austria, and the U.K.
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