EconomicsThe 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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Page 53
Furthermore , in Neoclassical economics the same theory explains why the level
of aggregate output will always tend to be at the full employment level . Finally ,
and most importantly , while the price mechanism is generally the key , the core
of ...
Furthermore , in Neoclassical economics the same theory explains why the level
of aggregate output will always tend to be at the full employment level . Finally ,
and most importantly , while the price mechanism is generally the key , the core
of ...
Page 73
Also investment rise , and output and employment expand known as the Pigou
toward full employment . Effect having first been Patinkin ' s ideas are found in his
Money , Interest proposed by the English and Prices : an Integration of Monetary
...
Also investment rise , and output and employment expand known as the Pigou
toward full employment . Effect having first been Patinkin ' s ideas are found in his
Money , Interest proposed by the English and Prices : an Integration of Monetary
...
Page 91
In Phelps ' 1997 book Rewarding Work , he proposes that government pay firms
wage subsidies to promote employment and higher wages for workers . The idea
is that some workers can only earn a low wage , if based solely on productivity ...
In Phelps ' 1997 book Rewarding Work , he proposes that government pay firms
wage subsidies to promote employment and higher wages for workers . The idea
is that some workers can only earn a low wage , if based solely on productivity ...
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Economics
User Review - airastotool - Overstock.comGreat 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
Contents
Introduction by Professor James Rollo | 6 |
Ibn Khaldun 12 Thomas Mun | 14 |
David Hume | 20 |
Copyright | |
8 other sections not shown
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Common terms and phrases
accumulation activity aggregate agriculture analysis approach argued authors balance banking became behaviour believed Born capital capitalist caused central century Classical competition concept concerned consumers consumption contributions costs currency cycle debt deficit demand depends determined Died distribution economic economists effect employment England equal equilibrium example exchange factors fall firms forces framework full employment future growth higher historical human ideas Importance income increase individual industry inflation influence innovation institutions interest investment issues Italy Keynes Keynesian known labour land later laws leading major marginal means Mercantilist monetary natural needs Neoclassical output particular perfect philosopher political Political Economy population principles production profit questions result returns rise savings sector Smith social society spending supply surplus theory trade University utility wage wealth workers
Bibliographic information
| Title | Economics Little book of big ideas |
| Author | Mathew Forstater |
| Edition | illustrated |
| Publisher | A & C Black, 2007 |
| ISBN | 0713683376, 9780713683370 |
| Length | 128 pages |
| Export Citation | BiBTeX EndNote RefMan |