Economic ideas and trends play a crucial yet little-understood role in the development of the world in which we live and are therefore vital to understanding our society today. From mercantilists through Keynesians to modern economic thought, this handbook covers 50 of the greatest minds and 10 core theories. Including Hume, Smith, Marx, and von Mises, succinct biographies reach behind the personalities and reveal the outstanding contribution each has made to this internationally important and pervasive discipline. The essential concepts and themes have been expertly selected and the complex issues clearly explained within a social, political, and cultural context, allowing the rich history of economic thought to be told and the motivations behind its phenomenal global development to be understood.
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Philosophy and Economics Aristotle In his major work , The Politics , the
philosopher Aristotle identified two types of productive and distributive activity of
Ancient Greek society . One he called ęconomia , and the other chrematistiké .
Interventionism : A term used to describe activity undertaken by a central
government to affect a country ' s economy in an attempt to increase economic
growth and / or standards of living . Capital accumulation : Investment or
economic growth ...
Monetarism : The school of thought that maintains that money supply is the chief
determinant of economic activity and that argues that inflation is best controlled
by limiting the supply of money circulating in an economy . Opportunity costs :
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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
MONEY AND FINANCE 30 Thomas Malthus
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