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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With falling incomes and wide - spread bankruptcy , the aggregate demand in the
economy shrinks , causing economic ... Decreased demand puts more downward
pressure on prices and causes the real value of debt to increase again .
Eisner saw no logical or empirical support for the claims that deficits cause high
interest rates or inflation . A bigger federal deficit and a growing national debt are
useful in stimulating an economy in a recession caused by insufficient spending ...
Policy approaches to the problems caused by the business cycle range from
those that see government intervention as ineffective , to those that view either
monetary or fiscal policy as the more important approach . Contemporary
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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
Ibn Khaldun 12 Thomas Mun
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