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 increased output of the means of subsistence would allow increased
population growth, and thus a growing labour force. Note that the notion of
surplus was not present in the sphere of non-agricultural production. Capitalism
finds its ...
Decrease in prices icreased economic activity t Fall in household and business
income Falling asset prices Left: Fisher explained how deflation leads to an
increase in the real debt burden fall in the price level will increase the real value
usually thought to be around three per cent per year, and determined by 'real'
factors such as population growth, increase in labour supply and technological
improvements. The theoretical underpinning of Monetarist theory is the Classical
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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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