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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For the classical authors , political economy was concerned with the manner in
which societies organized themselves to provide for their material needs . Jevons
and other neoclassical authors Marginalism : The use rejected this view in favor ...
Lerner was initially concerned with demand - side inflation and saw taxation as a
means of controlling it . However , he later became more concerned about supply
- side or cost - push inflation . He noticed that inflation did not begin at the full ...
In contrast , conventional economic theory was concerned with the formulation of
unchangeable economic laws . In his attempt to identify the what , the how , and
the why of socioeconomic change , Veblen outlined two major factors ...
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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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