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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While all societies must have an economy, the study of the economy primarily
concerns the study of a capitalist, or market- oriented, economy, rather than a
planned economy. In earlier traditional or command societies, markets either
were not ...
The Rise of Capitalism ITfTf David Ricardo The years between 1776, when Adam
Smith's Wealth of Nations was published, and 1817, which saw the first edition of
David Ricardo's Of the Principles of Political Economy and Taxation, were ...
The heart of capitalism for Marx was the circuit of money capital, depicted by him
as M- C-M', where M is money capital, C is commodities, and M' > M (M' = M + ?M
, and ?M is monetary profits, or the "surplus value" generated by capitalist ...
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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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