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.
Results 1-3 of 9
Debt - Deflation Irving Fisher Died : 1947 . New York Irving Fisher , an American
monetarist of the first half of the ОСОО twentieth century , was both a clarifier and
an originator of 10000 economic concepts . He emphasized the dichotomy of ...
Decrease in prices Left : Fisher explained how deflation leads to Decreased
economic activity Increased value of debt an ... Falling asset prices fall in the
price level will increase the real value of household , government , and corporate
Capital expenditure the size of the debt , Eisner proposed to count it as a percent
of gross domestic product ( GDP ) . He made the point that how much debt one
can afford depends upon one ' s wealth and income , so that an economy with a ...
What people are saying - Write a review
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
7 other sections not shown