Brief history of economic thought
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In this brief but comprehensive history, Hinz Kurtz tracks a long path of development of economic thought from its origin in ancient Greece to a systematic form, which she adopted in the writings of the classics of the late XVIII - early XIX centuries, and to the works of such scientists as Paul Samuelson and Kenneth Errow . Carefully observing how economic ideas arise, forget and resurrect again, Kurtz focuses on those thinkers who give old ideas a new life, and historical events that give rise to various approaches and theories. During this trip, the author explains what Smith had in mind by an “invisible hand” as the “law of movement” by Karl Marx acts in the capitalist economy, what are the roots of the ideas of the Austrian school about information, incomplete knowledge and uncertainty, which are the principles of effective demand and economic stabilization of John Meinard Keynes, ideas and challenges proposed by theories of economic growth, the economy of welfare, the theory of games, etc. In conclusion, it briefly summarizes what the main problems facing modern economists are, and their attitude to what is happening in our world
Author:
Author:Kurtz Hinz D.
Cover:
Cover:Hard
Category:
- Category:Business & Money
- Category:Science & Math
ISBN:
ISBN:978-5-93255-580-4
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