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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Sraffa published relatively few works : a handful of articles , one major article in
English — “ The laws of returns under competitive conditions ” ( 1926 ) — and
one slim book of fewer than one hundred pages , published in 1960 ( Production
Ricardo had something of a marginal analysis of land and natural resources , but
the classical economists displayed an asymmetric analysis of agriculture and
manufacturing – diminishing returns in agriculture and increasing returns in ...
... by increasing returns to scale ( where increasing all inputs by equal proportion
results in output increasing by more than that proportion ) . Industries where
increasing returns predominate will tend to have fewer , larger firms and ...
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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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