A Joosr Guide to... New Ideas from Dead Economists by Todd Buchholz: An Introduction to Modern Economic Thought

By Joosr

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Economics shapes every aspect of our world, from personal financial decisions to global politics. Learning more about key economic theories provides a valuable insight into this influence, allowing you to understand the significant role economics plays in all our lives.

New Ideas from Dead Economists explores the works of some of the most important economists of the last two centuries and their relevance to contemporary issues and concerns. It discusses both the successful hypotheses and the discredited predictions, allowing you to learn about the theories that have had an impact on overpopulation, unemployment, and how our economic markets function today. Through this, it offers both an overview of the history of economic thought and an investigation into its continuing significance.

You will learn:

· Why Adam Smith believed the economy functions best without restrictions or government intervention

· That Karl Marx believed capitalism was actually both necessary and beneficial

· Why Maynard Keynes believed spending more money could in fact end a recession.

• Language: English
• Publisher: Joosr
• Release date: Jun 20, 2016
• ISBN: 9781785673429

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takeaways

What’s it about?

Whether we realize it or not, economics shapes our world. From personal finances to global politics, every aspect of our lives is influenced by numerous economic factors. To truly comprehend these factors and the ways they relate to us requires understanding the works of great economists of the past.

In New Ideas from Dead Economists, Todd Buchholz offers this understanding, discussing some of the key economists of the last two centuries and their most significant theories and contributions. Their works are considered in relation to both their original political and cultural contexts and the present day, giving valuable insights into not only the theories themselves but also how they inform contemporary issues. Some of the concepts that are considered by Buchholz were less than successful, at times discredited or dismissed, and yet they still remain significant, reflecting the long history of many of our current concerns, and demonstrating the significant influence these great economists maintain to this day.

Covering theories and opinions on everything from population and pollution, to the work we carry out and the products we buy, New Ideas from Dead Economists outlines the contributions of some of the world’s most significant thinkers. And, armed with new knowledge