The classical era in the history of economics is an important part of the history of ideas in general, and its implications reach beyond the bounds of the economics profession. On Classical Economics offers a perspective on both history and economics. It is not simply a tour of colorful personalities of the past but a study of how certain economic concepts and tools of analysis arose, and how their implications were revealed during the controversies that followed. In addition to a general understanding of classical macroeconomics and microeconomics, this book offers special insight into the neglected pioneering work of Sismondi—and why it was neglected—and a detailed look at John Stuart Mill’s enigmatic role in the development of economics and the mysteries of Marxian economics. Clear, engaging, and very readable, On Classical Economics makes a contribution to the understanding of economics in general.