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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... Smith political economy foresaw the possibility of capitalism heading toward a
stationary or declining state rather than a continuous state of accumulation and
advancement . Market saturation , population growth , declining natural
It was clear to Veblen that static economic theory Died : 1929 , California could
not account for the continuously changing socioeconomic order . He argued that
the subject matter of economics should be the study of institutions in their ...
He is best known for his theories on creative destruction . economics The idea of
the business cycle itself is a view that Born : 1883 , Trest , AustriaHungary ( now
Czech economic growth is not gradual and continuous , but Republic ) a ...
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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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