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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Second, both processes entail a divergence between savings and investment,
but for investment to exceed savings requires that banks be capable of extending
credit to finance investment without a prior supply of savings - traditionally not ...
a function of income, and investment as determined by a variety of factors,
including investor expectations of future economic conditions and business and
political climate, with interest rates playing a much weaker and more indirect role
In the direct real balance effect, Patinkin argued that the increase in the value of
cash directly stimulates consumption and investment by consumers and investors
who feel richer due to the increased value of their holdings, setting off a process ...
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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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