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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Left: Early mercantilist writers believed that the wealth of a nation was measured
by the available stores of gold and silver Later mercantilists developed a
somewhat more sophisticated view Mercantilists held a derogatory view of
Mill was concerned about the unequal distribution of wealth between the classes,
and whereas earlier political economists had seen this as inevitable, Mill
believed the powerlessness of workers should end and social justice be restored.
Marx believed that the heart of capitalism was capital accumulation, which was
generated by the exploitation of labor. He considered exploitation to be an
economic concept, the process of surplus value creation resulting from the fact
that the ...
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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
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