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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Business Cycle Theory Business cycles are continuous patterns of short - term ,
cyclical economic expansion and contraction . Business cycle theory became
most prominent during the Great Depression - the years between World Wars I
and II ...
In contrast , technological theories of the business cycle did not believe that
monetary disturbances were at the root of a crisis , but rather that they simply
exacerbated the problem . In this approach , growth and the cycle itself are seen
to be ...
He is best known for his theories on creative destruction . economics The idea of
the business cycle itself is a view that ... gradual and continuous , but Republic ) a
wavelike dynamic process of alternating cycles of Importance : Major growth ...
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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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