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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Physiocrats argued , took up as much value as inputs into production as it
created in output , and consequently created no net product . Physiocrats viewed
the production of goods and services as consumption of the agricultural surplus ...
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
Input - output tables reveal the structure of industrial production in the economy ,
where outputs are also inputs , direct and indirect , into the production of other
goods , and sometimes even inputs in their own production . I - O analysis also ...
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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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