The Age of the EconomistSurveys the history of economics from the time of Adam Smith and some of his predecessors to the 1990s. |
Contents
Economics and the Market Economy | 7 |
The Early Days | 13 |
Adam Smith | 23 |
Copyright | |
11 other sections not shown
Other editions - View all
Common terms and phrases
achieve Adam Smith aggregate demand agriculture American analysis argued argument basic became big business business cycles capital accumulation capitalist century classical economics commodities competitive consumer costs David Ricardo deficit demand depression dominated economic growth economic policy economic theory economists England English enterprise equilibrium expansion exports forces goals human ideas ideology important increase individual industrial inflation investment John Maynard Keynes Keynes Keynesian economics labor laissez-faire major market economy Marx Marx's Marxist ment mercantilist modern money supply monopoly natural neoclassical economics nomic output philosophy Physiocrat population poverty private-enterprise problems production profits programs promote prosperity rate of interest reduced reform relationships result Revolution Ricardo rise savings Say's Law sector social socialist society Soviet sumer surplus taxes theoretical tion total spending trade unions United wages wealth welfare workers World War II