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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In classical political economy , Say ' s Law is not much more than the idea that
production generates enough income to purchase the goods produced by that
production process . This idea is not only true by definition , but is comparable to
Fiscal Policy Robert Eisner Robert Eisner is best known for his contributions to
fiscal and monetary policy and investment , as well as his proposals for
improvements in the methods of national income accounting . contributions to
fiscal For ...
Left : Kuznets curve shows that income Inequality equality stabilizes as GNP
increases Income per capita initially caused an increase in relative inequality . As
growth continued , certain counterforces resulted in decreased inequality .
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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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