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Economic Thought PDF
By:Heinz D. Kurz
Published on 2016-05-03 by Columbia University Press

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In this concise yet comprehensive history, Heinz D. Kurz traces the long arc of economic thought from its emergence in ancient Greece to its systematic presentation among the classical thinkers of the late eighteenth and early nineteenth centuries to the influential work of scholars such as Paul Samuelson and Kenneth J. Arrow. With a keen eye for how economic insights are acquired, lost, and reborn, Kurz focuses on the dynamic individuals who give old ideas new life and the historical events that provoke different approaches and theories. Over the course of this journey, Kurz explains what Adam Smith meant by the |invisible hand|; how Karl Marx's |law of motion| works in capitalist economies; the roots of the Austrian economists' emphasis on the problems of information, incomplete knowledge, and uncertainty; John Maynard Keynes's principle of effective demand and economic stabilization; and the insights and challenges offered by growth theory, welfare economics, game theory, and more. He concludes with a deft summation of world economists' major concerns today and their critical relation to world events.

This Book was ranked at 20 by Google Books for keyword Economic History.

Book ID of Economic Thought's Books is wsF1CwAAQBAJ, Book which was written byHeinz D. Kurzhave ETAG "oXexxULYP7E"

Book which was published by Columbia University Press since 2016-05-03 have ISBNs, ISBN 13 Code is 9780231540759 and ISBN 10 Code is 0231540752

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Book which have "208 Pages" is Printed at BOOK under CategoryBusiness and Economics

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