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 process will continue until a solution is arrived at in which supply equals
demand. Once equilibrium has been attained, any price change in any market
would disturb the previous equilibrium. A new series of adjustments, led by the ...
The Neoclassical version of Say's Law therefore argues that recessions do not
occur because of lack of demand or lack of money. The more goods (for which
there is a demand) are produced, the more those goods (supply) can stimulate ...
What has sometimes been termed the 'Veblen effect' is a situation in which the
demand curve can be upward sloping, meaning the higher the price the higher
the demand for the good, violating the 'law of demand' (normally, lower prices ...
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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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