Contents 
INTRODUCTION 1 
Economic theory A sociology of knowledge—a gy of ey oo 
Problems and principles of selection Benefits to be gai 
study of the history of theory 
lI PRECLASSICAL ECONOMIC iT 
Scholasticism 14 
s Aquinas 
Aristotle Feudalism Thomas Aquin 
Vandi 14 ist Power and wealth The balance 
mn > _- he theoretical contributions of the mercantilists 
Of trade Toney 
Physiocracy 24 | 
Natural Law The interrelatedness of an economy 
economic policy 
Summary 29 
Sugoested Readines 2.9 
2 ADAM SMITH 31 
Classical Economics and Adam Smith 33 
Classical economists The changing economy Smith the man 
Smith's conception of the scope and method of economics