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 16
... labour . The apples you pick are yours , because your labour has been applied to them . As Locke stated , ' The labour that was mine , removing them out of that common state they were in , hath fixed my property in them ' . And this ...
... labour . The apples you pick are yours , because your labour has been applied to them . As Locke stated , ' The labour that was mine , removing them out of that common state they were in , hath fixed my property in them ' . And this ...
Page 17
... labour and by man's capacity to enjoy the good before it is spoiled . Locke goes further and states that the enclosing of land and application of labour to it does not lessen the amount left for others , but increases it to the extent ...
... labour and by man's capacity to enjoy the good before it is spoiled . Locke goes further and states that the enclosing of land and application of labour to it does not lessen the amount left for others , but increases it to the extent ...
Page 39
... labour ) . Marx believed that the heart of capitalism was capital accumulation , which was generated by the exploitation of labour . He considered exploitation to be an economic concept , the process of surplus value creation resulting ...
... labour ) . Marx believed that the heart of capitalism was capital accumulation , which was generated by the exploitation of labour . He considered exploitation to be an economic concept , the process of surplus value creation resulting ...
Contents
Introduction by Professor James Rollo | 6 |
Ibn Khaldun 12 Thomas Mun | 14 |
John Locke 16 ECONOMICS AND | 20 |
Copyright | |
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accumulation Adam Smith aggregate demand agriculture anarchism argued Austrian Austrian School banking became behaviour Born business cycle Cantillon capital capitalist chartalist Classical Political Economy commodity consumers consumption contributions currency debt deficit determined Died distribution economic activity economic analysis economic growth economic theory economists effect emphasised England Importance exchange factors firms fiscal framework full employment gender government intervention Greenspan Hayek historical human Human Development Index ideas imperfect income individual industrial inequality inflation innovation institutions interest rates investment Jevons Keynes Keynesian Khaldun Kuznets labour Leontief macroeconomics Malthus marginal utility Marx Mercantilist monetary policy money supply Neoclassical economics Nobel Prize output and employment partial equilibrium perfect competition Physiocrats population growth production profit recognised result Ricardo Say's Law School of Economics Schumpeter sector social costs society spending Sraffa Stagflation Stiglitz subsistence surplus technological trade USA Importance Veblen wage Walras wealth welfare economics workers