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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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 that
land is used for production. Locke also indicated that if goods are given away or ...
Land, labour and rural production were the central focus of Cantillon's work.
Within this sphere, he distinguished between three social classes: the landowner,
the farmer and the labourer. The landowner could manage the land directly or
rent it ...
In the Ricardian system, profits are determined on the least productive land - the
land that pays no rent. The only way to increase profits on the marginal land,
provided there is no increase in the value of the commodity, is to cut wages.
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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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