EconomicsThe Little Book of Big Ideas: Economics contains the profiles and theories of 50 of the world's most eminent economists. From mercantilists through Keynesians to modern economic thought, this book gets behind 50 of the greatest minds and 10 core theories. Covering Hume, Smith and Marx, succinct biographies provide an insight into economists' personalities and reveal the outstanding contribution that each has made to this pervasive discipline. Essential concepts and themes have been expertly selected and complex issues are explained in their social, political and cultural context. |
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Page 72
... Keynesian Synthesis ' or simply the Born : 1922 , Chicago , USA Importance : Major contributions to monetary theory , especially the Neoclassical synthesis Died : 1995 , Jerusalem , Israel Neoclassical synthesis . The Neoclassical ...
... Keynesian Synthesis ' or simply the Born : 1922 , Chicago , USA Importance : Major contributions to monetary theory , especially the Neoclassical synthesis Died : 1995 , Jerusalem , Israel Neoclassical synthesis . The Neoclassical ...
Page 75
... government intervention was therefore necessary to provide for full employment . These ideas became the cornerstones of the Post - Keynesian approach . New Keynesianism Joseph E. Stiglitz John Maynard Keynes showed that. Keynesian ...
... government intervention was therefore necessary to provide for full employment . These ideas became the cornerstones of the Post - Keynesian approach . New Keynesianism Joseph E. Stiglitz John Maynard Keynes showed that. Keynesian ...
Page 76
... Keynesians . The New Keynesian approach is firmly rooted in Neoclassical microeconomics , and the only link to Keynesian economics is in the policy conclusions . Keynes did not achieve his results by assuming market imperfections , but ...
... Keynesians . The New Keynesian approach is firmly rooted in Neoclassical microeconomics , and the only link to Keynesian economics is in the policy conclusions . Keynes did not achieve his results by assuming market imperfections , but ...
Contents
Introduction by Professor James Rollo | 6 |
Ibn Khaldun 12 Thomas Mun | 14 |
John Locke 16 ECONOMICS AND | 20 |
Copyright | |
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accumulation Adam Smith aggregate demand agriculture anarchism argued Austrian Austrian School banking became behaviour Born business cycle Cantillon capital capitalist chartalist Classical Political Economy commodity consumers consumption contributions currency debt deficit determined Died distribution economic activity economic analysis economic growth economic theory economists effect emphasised England Importance exchange factors firms fiscal framework full employment gender government intervention Greenspan Hayek historical human Human Development Index ideas imperfect income individual industrial inequality inflation innovation institutions interest rates investment Jevons Keynes Keynesian Khaldun Kuznets labour Leontief macroeconomics Malthus marginal utility Marx Mercantilist monetary policy money supply Neoclassical economics Nobel Prize output and employment partial equilibrium perfect competition Physiocrats population growth production profit recognised result Ricardo Say's Law School of Economics Schumpeter sector social costs society spending Sraffa Stagflation Stiglitz subsistence surplus technological trade USA Importance Veblen wage Walras wealth welfare economics workers