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. |
From inside the book
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Page 19
... Smith , who was also one of the great classical political economists , wrote in his History of Astronomy that human beings feel a kind of anxiety from the unexpected and unfamiliar , and contentment from the familiar . So , we try to ...
... Smith , who was also one of the great classical political economists , wrote in his History of Astronomy that human beings feel a kind of anxiety from the unexpected and unfamiliar , and contentment from the familiar . So , we try to ...
Page 28
... Smith , lived and worked in the era of the first industrial revolution , the expansion of commerce and the monetary ... Smith was an everyday observer of these movements and they were reflected in his famous work , An Inquiry into the ...
... Smith , lived and worked in the era of the first industrial revolution , the expansion of commerce and the monetary ... Smith was an everyday observer of these movements and they were reflected in his famous work , An Inquiry into the ...
Page 29
... Smith saw the wealth of nations not in terms of gold and silver but in a nation's labour and its produce . Production of wealth could be greatly assisted by the division and specialisation of labour . Smith promoted the benefits of ...
... Smith saw the wealth of nations not in terms of gold and silver but in a nation's labour and its produce . Production of wealth could be greatly assisted by the division and specialisation of labour . Smith promoted the benefits of ...
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