Ad
related to: traditional economists
Search results
Results From The WOW.Com Content Network
A traditional economy is a loosely defined term sometimes used for older economic systems in economics and anthropology. It may imply that an economy is not deeply connected to wider regional trade networks; that many or most members engage in subsistence agriculture, possibly being a subsistence economy; that barter is used to a greater frequency than in developed economies; that there is ...
Classical economists and their immediate predecessors reoriented economics away from an analysis of the ruler's personal interests to broader national interests. Adam Smith, following the physiocrat François Quesnay, [7] identified the wealth of a nation with the yearly national income, instead of the king's treasury. Smith saw this income as ...
In 1978 Weintraub and American economist Paul Davidson (1930–) founded the Journal of Post Keynesian Economics. This opened the door to many younger economists such as E. Ray Canterbery (1935–). Always Post Keynesian in his style and approach, Canterbery went on to make contributions outside traditional Post Keynesianism.
In the history of economic thought, a school of economic thought is a group of economic thinkers who share or shared a mutual perspective on the way economies function. While economists do not always fit within particular schools, particularly in the modern era, classifying economists into schools of thought is common.
Traditional savings account rates. ... exceeding the 165,000 expected by economists and higher than November's revised gain of 212,000. The unemployment rate fell to 4.1% from November's 4.2%. ...
Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with data indicating sticky inflation from a peak of 9.1% in June ...
Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with inflation data indicating a continued decline from a peak of 9. ...
Some economists, such as Institutional economist and 1974 Nobel Prize winner Gunnar Myrdal, criticized Friedman, and Myrdal's own 1974 Nobel Prize partner Friedrich Hayek, for being reactionaries. Myrdal's criticism caused some economists to oppose the Sveriges Riksbank Prize in Economics Sciences in Memory of Alfred Nobel itself. [188] [189]