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 53
Furthermore , in Neoclassical economics the same theory explains why the level
of aggregate output will always tend to be at the full employment level . Finally ,
and most importantly , while the price mechanism is generally the key , the core
of ...
Furthermore , in Neoclassical economics the same theory explains why the level
of aggregate output will always tend to be at the full employment level . Finally ,
and most importantly , while the price mechanism is generally the key , the core
of ...
Page 56
In 1933 Fisher published an article ' The Debt - Deflation Theory of Great
Depressions ' , which became an important contribution to the theory of financial
instability . It explained the economic mechanism that could lead to a depression
such ...
In 1933 Fisher published an article ' The Debt - Deflation Theory of Great
Depressions ' , which became an important contribution to the theory of financial
instability . It explained the economic mechanism that could lead to a depression
such ...
Page 74
Imperfect Competition Joan Robinson Joan Robinson belonged to a group of
Cambridge economists that surrounded John Maynard Keynes and who helped
develop and extend Keynes ' General Theory . The group set out to explore the
true ...
Imperfect Competition Joan Robinson Joan Robinson belonged to a group of
Cambridge economists that surrounded John Maynard Keynes and who helped
develop and extend Keynes ' General Theory . The group set out to explore the
true ...
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Economics
User Review - airastotool - Overstock.comGreat 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
Contents
Introduction by Professor James Rollo | 6 |
Ibn Khaldun 12 Thomas Mun | 14 |
David Hume | 20 |
Copyright | |
8 other sections not shown
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accumulation activity aggregate agriculture analysis approach argued authors balance banking became behaviour believed Born capital capitalist caused central century Classical competition concept concerned consumers consumption contributions costs currency cycle debt deficit demand depends determined Died distribution economic economists effect employment England equal equilibrium example exchange factors fall firms forces framework full employment future growth higher historical human ideas Importance income increase individual industry inflation influence innovation institutions interest investment issues Italy Keynes Keynesian known labour land later laws leading major marginal means Mercantilist monetary natural needs Neoclassical output particular perfect philosopher political Political Economy population principles production profit questions result returns rise savings sector Smith social society spending supply surplus theory trade University utility wage wealth workers