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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Distribution of the national product between landlords, capitalists and workers
was of interest to Ricardo, but his prime interest was on the effect of this
distribution on future accumulation. Ricardo believed that the interests of
capitalists were ...
In a 1984 article with Carl Shapiro, unemployment was viewed as disciplining
workers, as in Marx's concept of the reserve army of labour. With full employment,
worker bargaining power is stronger as jobs are plentiful and there is no excess ...
In Phelps' 1997 book Rewarding Work, he proposes that government pay firms
wage subsidies to promote employment and higher wages for workers. The idea
is that some workers can only earn a low wage, if based solely on productivity, ...
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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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