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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Social Costs Born: 1910, Komgsberg, Germany Importance: Identified the
importance of recognising the social costs of economic activity Died: 1976,
Dubrovmk, Croatia Karl Wilhelm (William) Kapp European institutional economist
interaction with other pollutants through time. How these costs will be divided
among hundreds and thousands of enterprises over long periods of time is a
difficult issue to resolve. The problem of integrating social costs into the current
Oligopoly: A market characterised by a few large producers who often act
together to control the supply of a particular good and its market price.
Opportunity costs: The opportunity cost of using resources in one way is the value
that could have ...
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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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