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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... s Treasure by Foreign Trade ( 1664 ) , the latter being perhaps the most
famous exposition of Mercantilist principles . Mun advocated a trade surplus , or
the excess of exports over imports , as the means of increasing a nation ' s wealth
The Wealth of Nations , in its support for self - interest in such a unfettered market
activity , became the paradigm for way that it contributes the study of the free
market system . to the common good . In contrast to his mercantilist predecessors
Government Wealthier classes Poorer classes R EKT Taxes taxes Subsidieser
Above : Mill believed that governments from the richer layers of society to should
intervene to redistibute wealth the poorer associated the stationary state with ...
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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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