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Scottish philosopher and economist.
An Inquiry into the nature and causes of the Wealth of Nations (1776)
creator of the metaphor of the "invisible hand." |
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American economist.
Advocacy of monetarism (an revision of the quantity theory of money)
A Monetary History of the United States, 1867-1960 (1963).
Associated with the ideals of [b]laissez-faire [/b]government policy. |
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German economist, historian, and social philosopher.
Extended the labor theory of value
Theory of surplus value.
Appeared in Das Kapital |
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English economist.
The General Theory of Employment, Interest and Money
Argued that the best way to deal with prolonged recessions was deficit spending. |
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English economist.
Principles of Political Economy and Taxation,
Put forth the so-called iron law of wages. |
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Canadian economist.
The Affluent Society
The New Industrial State
Emphasis on public service and the limitations of the marketplace |
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French economist.
Undisputed leader of the Physiocrats, the first systematic school of economic thought.
Moral righteousness of laissez-faire policies and the notion that land was the ultimate source of all wealth. |
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English economist.
1890's Principles of Economics, introduced the notions of consumer surplus, quasi-rent, demand curves, and elasticity, all fundamental concepts in introductory macro- and microeconomics. |
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American economist (of Norwegian heritage).
Primarily remembered for his The Theory of the Leisure Class (1899)
introduced phrases like "conspicuous consumption."
Remembered also for likening the ostentation of the rich to the Darwinian proofs-of-virility found in the animal kingdom. |
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British economist and social philosopher.
Extended the ideas of Ricardo in Essays on Some Unsettled Questions of Political Economy (1844)
Principles of Political Economy (1848). |
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