Abstract
Abstract. Every generation of economists builds on its forebears and as the field develops. Colins uses a variety of views, leading to a more comprehensive perspective on the history of economic thought. Standard and new scholars in the history of economic thought are considered. Mathematics, econometrics, and deduction are leading tools in the economic tool kit. Nonetheless, to keep the history of economic thought as a vital tool in the economic methodology, economics is enriched by the inductive, historical perspective.
Keywords. Generation of economists, Great Economic Thinkers, Adam Smith, Amartya Sen.
JEL. A13, C70, D11.References
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Smith, A. (1759). The Theory of Moral Sentiments. London: Printed for A. Millar, and A. Kincaid and J. Bell.
Smith, A. (1994). An Inquiry into the Nature and Causes of the Wealth of Nations. New York: Modern Library.
