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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The equation of exchange later became the basis for the theoretical apparatus of
monetarism . In 1933 Fisher published an article “ The Debt - Deflation Theory of
Great Depressions , ” which became an important contribution to the theory of ...
When metals became too rare for the expanding economies , paper money
substituted the minted coins . Thus money became devoid of any intrinsic value
in itself . Neither was it backed by assets with intrinsic value . Money became a
Gender also became an important area of study in development economics , with
the extension of the Human Development Index to account for gender differences
( GDI , or Gender - related Development Index ) and the rise of gender and ...
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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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