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In a review in the American Economic Review, the book was described as "a vigorous, skillful, and provocative challenge to sophisticated formulations of theory and policy," however "the lesson as a whole is too easy, and the "common-sense" answers are really answers only because the basic problems have been oversimplified so much as to divorce ...
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The now Rochester Professor of Economics released his first book, Price Theory and Applications in 1989 and followed it up in 1993 with the first edition of The Armchair Economist. [3] Since then he has written for many different publications such as Slate, The Wall Street Journal as well as releasing numerous other books surrounding the topic ...
Paul Zane Pilzer (born January 17, 1954) is an American economist, New York Times best-selling author, [1] and social entrepreneur.He has written 13 books, the founder of six companies, and has been profiled in more than 100 publications including on the front page of The Wall Street Journal.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
The reviewer stated, "Sowell’s economics in a social vacuum is as meaningful as color in the absence of light". [11] The book has also been reviewed for the academic journals The Appraisal Journal, [12] the Journal of Economic Behavior & Organization, [13] and twice in the micro-review section for The Physics Teacher. [14] [15]
Time on the Cross: The Economics of American Negro Slavery (1974) is a book by the economists Robert Fogel and Stanley L. Engerman.Fogel and Engerman argued that slavery was an economically rational institution and that the economic exploitation of slaves was not as catastrophic as presumed, because there were financial incentives for slaveholders to maintain a basic level of material support ...
John R. Commons was born in Hollansburg, Ohio on October 13, 1862. Commons had a religious upbringing which led him to be an advocate for social justice early in life. Commons was considered a poor student and suffered from a mental illness while stu