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 economy enters a vicious cycle of falling prices and increasing debt burdens
. Thus Fisher showed that , paradoxically , the attempt to reduce costs in order to
meet debt leads to greater values of real debts . He proposed instead that a ...
Business Cycle Theory Hill Business cycles are continuous patterns of short -
term , cyclical economic expansion and contraction . Business cycle theory
became most prominent during the Great Depression - the years between the
First and ...
In contrast , technological theories of the business cycle did not believe that
monetary disturbances were at the root of a crisis , but rather that they simply
exacerbated the problem . In this approach , growth and the cycle itself are seen
to be ...
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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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