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9 Cards in this Set

  • Front
  • Back

Thomas Mun

mercantilist ; gold = wealth

Francois Quesnay

leader of the physiocrats




wealth = agriculture

David Hume

wealth = goods + services



Adam Smith

INACOW -- an inquiry into the nature and causes of the wealth of nations


(1776)

Thomas Malthus

Essay on principles of population


(1798)




-Cost benefit Analysis

David Ricardo

Principles of Political economy and taxation (1817)




-Comparative Advantage

Karl Marx

Das Kapital (1867)

Leon Warlas

Elements of Pure Economics


(1874)

Alfred Marshall

Principles of economics (1890)


(supply & demand), Elasticity theory