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William Patten (b. circa 1510 – d. in or after 1598) [1] was born in London, the son of Richard Patten (d. 1536), clothworker, and Grace, the daughter of John Baskerville. His grandfather, Richard Patten of Boslow, Derbyshire , was a brother of William Waynflete (alias Patten), Bishop of Winchester . [ 2 ]
Simon Nelson Patten (May 1, 1852 – July 24, 1922) was an American economist and the chair of the Wharton School of Business at the University of Pennsylvania. [1] [2] Patten was one of the first economists to posit a shift from an 'economics of scarcity' to an 'economics of abundance'; that is, he believed that soon there would be enough wealth to satisfy people's basic needs and that the ...
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions.
An economic theory that defines wealth by the amount of precious metals owned. [48] business cycle. Also called the economic cycle or trade cycle. The downward and upward movement of gross domestic product (GDP) around its long-term growth trend. [49] The length of a business cycle is the period of time containing a single boom and contraction ...
William Patten may refer to: William Waynflete (William Patten, c. 1398–1486), bishop of Winchester, 1447–1486, and Lord Chancellor of England, 1456–1460 William Patten (historian) (c. 1510 – after 1598), English historian and teller of the English exchequer
The term economics was originally known as "political economy". This term evolved from the French Mercantilist usage of économie politique , which expanded the notion of economy from the ancient Greek concept of household management to the national level, as the public administration of state affairs.
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP .
Frith, Mathew A., "An Outline of 'American Protectionist Thought: The Economic Philosophy and Theory of the 19th Century American Protectionists'" History of Economics Review (2024) Gardner, Stephen H., Comparative Economic Systems (1988) Gill, William J., Trade Wars Against America: A History of United States Trade and Monetary Policy (1990)