The 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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The heart of capitalism for Marx was the circuit of money capital, depicted by him
as M- C-M', where M is money capital, C is commodities and M' > M (M' = M + ?M,
and ?M is monetary profits, or the 'surplus value' generated by capitalist ...
Robinson is also known for launching a large-scale controversy about the
measurement of capital. Her arguments made clear the difficulties in measuring
diverse units of capital and incorporating them into formal economic analysis.
Left: Eisner argued that distinguishing between capital and current expenditure
gives a better idea of a government's true financial state High current expenditure
and low capital expenditure (A) indicates low economic growth; increased ...
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EconomicsUser Review - airastotool - Overstock.com
Great read for perhaps a highschooler or college student interested in the field of economics. Gives a quick snapshot of many economists including their backgrounds and specialties within the field ... Read full review
Introduction by Professor James Rollo
Joan Robinson 74 Joseph E Stiglitz
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