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 1815 , Ricardo published a pamphlet in which he criticized the British Corn
Laws , and argued that the elevated rents resulting from restrictions on corn ( that
is , grain ) imports were cutting into profits , slowing investment and growth .
One of the most important contributions made by Mill was his distinction between
the character of the laws of production and those of distribution . Whereas the
laws of production are akin to physical laws , the laws of distribution are not found
His The Entropy Law and the concept of entropy from Economic Process ( 1971 )
became the foundation of thermodynamics | the contemporary school of
ecological economics . Died : 1994 , Nashville , Tennessee The implications of
the laws ...
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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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