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 Neoclassical authors applied diminishing returns to all 'factors of production'
(land, labour and capital), an analysis that recognised only the quantitative
dimension. Jevons claimed that value was entirely determined by utility. For
Historically, business cycles have differed in terms of the economic factors that
made up their movements. In the nineteenth century, the price level would rise
during expansions and fall during contractions; throughout the twentieth century,
In particular, Kuznets attributed this to legislative factors, such as inheritance
taxes, and to demographic factors that resulted in relative population decrease
within the upper-income groups, as well as toward factors relating to social and ...
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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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