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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Socialist Economics Karl Marx While Karl Marx is widely known as a great
philosopher , political theorist , activist , and historian , it is not so widely known
that he was also an economist . His name is more generally and reverentially
Lerner ' s most enduring contribution is known as Born : 1903 , Bessarabia ,
Functional Finance . He viewed the laissez - faire Russia Importance : Developed
position as a refusal to take hold of the “ economic theory of market socialism ...
Born : 1926 , New York Importance : Influential on On October 19 , 1987 , shortly
after taking the Chair monetary policy and at the Fed , Greenspan was faced with
a stock market proponent of laissez - faire crash , known as Black Monday .
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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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