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40 Cards in this Set

  • Front
  • Back

Who wrote the golden rule?

Confucius

Who founded the Academy?

Plato

Who believed in division of labor?

Mencius

Who founded syllogistic logic

Aristotle

Who believed in just price, just wage?

St. Thomas Aquinas

Who founded bullionism?

Mun

Who was a finance Minister?

Jean Colbert

Who founded physioctacy

Francois Quesnay

What group of economists believed in free trade and laissez faire?

Pre-Classical

Who believed in Quantity theory of money and wealth equals goods plus services

Smith

Who believed in Invisible Hand Doctrine

Smith

Who believed in Law of Diminishing Returns

Malthus

Who believed in classical rent doctrine

Ricardo

Who believed in Labor theory of value

Ricardo

Who believed in utility theory

Mill

Who believed in dialectical materialism

Marx

Who taught John S. Mill

Bentham & Mill Sr.

Who wrote Das Kapital

Marx

Who believed in Law of Diminishing Marginal Utility?

Menger

Who believed the Sunspot theory/20 year cycle?

Jevons

Who believed in General Equilibrium theory?

Walras

Who believed in elasticity and scissor analogy?

Marshall

What Italian believed in Optimality theory, optimal production?

Pareto

Who founded the indifference curve?

Edgeworth

Who believed in conspicuous consumption?

Veblen

Who believed in general theory of employment

Keynes

Entrepreneurship, the innovative factor of production was first explained by?

Schumpeter

Price Descrimination & only female economist?

Mrs. Robinson

Who wrote road to serfdom?

Hayek

Educational vouchers/ negative income tax?

Friedman

Who believed that the national good was rationalization for private greed?

Batiat

Who believed that the rental system evils could be cured by a single tax?

George

Who collaborated on the communist manifesto in 1948 with Marx?

Engels

Who wrote the republic?

Plato

Who believed that the primary factor for the fall of the roman empire was the rise of Christianity?

Giben

Who dominated the school of the scholastics?

St. Thomas Aquinas

Who loved gold and believed that it backed money

Mun

Who do we call the father of economics?

Smith

Classical Economists are called?

Ricardians

Who developed the 19th century landmark theory that children didn't have to work?

Owen