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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Therefore , the Smithian concept of self - interest in the market exchange should
not be associated with a belief in utterly selfish human nature . What is true of
human behavior in market exchange may not hold in other social settings . With
His name is more generally and reverentially associated with socialism , and yet
Marx wrote very little on that subject compared to his voluminous studies of
capitalism . Born : 1818 , Trier , Germany Importance : Author of Das Kapital (
1867 ) ...
Institutional economics : U . S . - based historical and evolutionary approach to
economics associated with Thorstein Veblen . Capital : Money , capital finances ,
investment ; industrial capital or capital goods are produced by means of ...
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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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