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 22
Mathew Forstater. Birth of Classical Political Economy William Petty Petty's use of the concept of surplus inaugurated the beginning of Classical Political Economy , which dominated the discipline until the 1870s . Even after ...
Mathew Forstater. Birth of Classical Political Economy William Petty Petty's use of the concept of surplus inaugurated the beginning of Classical Political Economy , which dominated the discipline until the 1870s . Even after ...
Page 36
... economics and author of first economics textbook Died : 1873 , Avignon , France English political economist and humanitarian philosopher John Stuart Mill was educated by his father , James . The elder Mill was also a political economist ...
... economics and author of first economics textbook Died : 1873 , Avignon , France English political economist and humanitarian philosopher John Stuart Mill was educated by his father , James . The elder Mill was also a political economist ...
Page 47
... political economy ' to ' economics ' . For the Classical authors , political economy was concerned with the manner in which societies organised themselves to provide for their material needs . Jevons and other Neoclassical authors ...
... political economy ' to ' economics ' . For the Classical authors , political economy was concerned with the manner in which societies organised themselves to provide for their material needs . Jevons and other Neoclassical authors ...
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