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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dispersed knowledge that could only result in orderly outcomes within the market
framework. The Austrians also had political objections to socialism, stated most
famously in Hayek's 1944 book The Road to Serfdom. Hayek and Mises also ...
Owners will then see that the better cars are underpriced, and may remove those
from the market. As a result, the average quality of the cars available will fall, as
will the price buyers are willing to pay. The better cars will again be underpriced,
Paul Krugman came to public prominence as a result of his regular column on
the op-ed page of the New York Times. Krugman graduated from Yale University
in 1974 and received his PhD from Massachusetts Institute of Technology three ...
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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
Introduction by Professor James Rollo
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