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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This causes falling asset prices. Also, as firms try to cut costs in order to help pay
their debts, they reduce their labour force and buy less from other firms. Thus the
incomes of companies across the economy fall, and household incomes too are ...
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.
In this approach, growth and the cycle itself are seen to be caused by the same
phenomena, whereas in the monetary approach growth and cycles are explained
differently. Schumpeter viewed cycles as rooted in swarms of technological ...
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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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