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38 Cards in this Set
- Front
- Back
Confucius
551-479 BC |
Analects
The Golden Rule Jen & Li |
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Plato
437-348 BC |
The Republic
Dialogues Founded the Academy Dialectics (thesis, antithesis, synthesis) inductive logic |
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Mencius
372-289 |
Division of Labor
The Book of Mencius |
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Aristotle
384-322 BC |
Politics, Physics, Poetics
Founded the Lyceum Supremacy of Logic Syllogistic Logic (Set Theory) deductive logic |
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St. Thomas Aquinas
1225-1274 |
Summa Theologica
Dominican Priest Just Price/Just Wage (each according to his needs) Synthesis of Christian Faith & Aristotelian rationalism |
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Thomas Mun
1571-1641 |
Discourse on Trade
Bullionism |
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Jean Baptiste Colbert
1619-1683 |
Colbertism
gold is wealth Finance Minister |
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Francois Quesnay
1694-1774 |
Tableau Économique
laissez faire physiocracy |
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David Hume
1711-1776 |
Quantity Theory of Money
(i.e., wealth = goods + services) Political Disclosures |
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Adam Smith
1723-1790 |
Theory of Absolute Advantage
Invisible Hand Doctrine (Division of Labor) Water-Diamond Paradox Wealth of Nations |
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Thomas Malthus
1766-1834 |
Law of Diminishing Returns (pessimist)
Cost Benefit Analysis Essay on the Principals of Population |
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Jean-Baptiste Say
1767-1832 |
Traité d’Économique Politique
Finance Minister Law of Markets (Supply creates its own Demand) |
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David Ricardo
1772-1823 |
Principles of Political Economy & Taxation
Labor Theory of Value (Classical Rent Doctrine) Wage Fund Doctrine Stationary State Doctrine Law of Comparative Advantage |
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John Stuart Mill
1806-1873 |
Principles of Political Economy
On Liberty Utility Theory (learned from Bentham) Concept of Demand |
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Jeremy Bentham
1748-1832 |
Principles of Morals
Interventionist Liberalism Utility Theory (taught Mill) |
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Karl Marx
(1818-1883) |
Communist Manifesto
Das Kapital Dialectical Materialism / Business Cycles Alienation & Reconciliation Theory |
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Carl Menger
(1840-1921) |
Foundations of Political Economy
Study of Natural Law Law of Diminishing Marginal Utility |
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William Stanley Jevons
(1835-1882) |
Sunspot Theory (20-year cycle)
Theory of Political Economy The Solar Period and the Price of Corn |
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Léon Walras
(1834-1910) |
Elements of Pure Economics
Mathematical Economics Equilibrium Theory Law of Supply & Demand |
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Alfred Marshall
1842-1924 |
Principles of Economics
Scissors Analogy / Consumer Surplus / Theory of the Firm Elasticity Industry & Trade Money, Credit & Commerce |
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Vilfredo Pareto
1848-1923 |
Manual of Political Economics
Optimality Theory / Welfare Economics Income Redistribution |
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Francis Ysidro Edgeworth
1845-1926 |
Mathematical Psychics
Indifference Curve Asymptotic Functions of Normal Distributions |
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Thorstein Veblen
1857-1929 |
Theory of the Leisure Class
Conspicuous Consumption |
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John Maynard Keynes
1883-1946 |
General Theory of Employment, Interest & Money
Consumption Function Actuarial Tables Anti-depression Procedure General Equilibrium |
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Joseph Alois Schumpeter
1883-1950 |
Theory of Economic Development
History of Economic Analysis Entrepreneurship (hated capitalism) Business Cycles |
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Edward Hastings Chamberlin
1899-1967 |
Market Structure
Theory of Monopolistic Competition |
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Joan Violet Robinson
1903-1983 |
Economics of Imperfect Competition
Price Discrimination Market Structure |
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Georg Wilhelm Friedrich Hegel
1770-1831 |
Wissenschaft der Logic(1816)
Hegelian Logic German Historical School |
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1750
|
Industrial Revolution Begins
|
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1776
|
Declaration of Independence
Wealth of Nations, Adam Smith Decline and Fall of Roman Empire Edward Gibbon |
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1848
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Karl Marx & Friedrich Engels
Communist Manifesto European Revolutions Irish Potato Famine Political Economy John Stuart Mill |
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Irving Fisher
1867-1947 |
Rate of Interest
Purchasing Power of Money Equation of Exchange Interest Rate and Income Price Indices |
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Friedrich August von Hayek
1899-1992 |
Economics & Knowledge
Profits, Interest & Investment Road to Serfdom Nobel Laureate Discovery of Process of Markets Inherent Bureaucratic Inefficiencies |
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Influential Friends:
David Hume |
Influential Friends:
Adam Smith (Deduced from Quesnay) |
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Influential Friends:
John Stuart Mill |
Influential Friends:
Harriet Taylor |
|
Influential Friends:
Thomas Malthus |
Influential Friends:
David Ricardo |
|
Influential Friends:
Karl Marx |
Influential Friends:
Frederick Engels |
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Influential Friends:
Léon Walras |
Influential Friends:
Vilfredo Pareto |