John Maynard Keynes Quotes (Author of The General Theory of Employment, Interest, and Money)
"Too much Maths, too little History: The problem of Economics"
Smith, Marx, and Keynes
There is an old joke that is often told about economists : Three economists are hunting ducks. The first shoots 20 meters ahead of the ducks, the second shoots 20 meters behind the ducks, and the third says, "Great job! We got them! All kidding aside, there are many economists that do incredible jobs and there are some who have made contributions to financial theory that crossed over into many aspects of social history as well. In this article, we'll show you five of these economists and explain their impact on society. Adam Smith was a Scottish philosopher who became a political economist in the midst of the Scottish Enlightenment.
After decades of rightwing dominance, a transatlantic movement of leftwing economists is building a practical alternative to neoliberalism. By Andy Beckett. Tue 25 Jun
4 days in november book
Sarwat Jahan and Ahmed Saber Mahmud. Free markets may not be perfect but they are probably the best way to organize an economy. Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit. It is this rational self-interest that can lead to economic prosperity. Although some form of capitalism is the basis for nearly all economies today, for much of the last century it was but one of two major approaches to economic organization. In the other, socialism , the state owns the means of production, and state-owned enterprises seek to maximize social good rather than profits.