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Krugman was President of the Eastern Economic Association in 2010, [11] and is among the most influential economists in the world. [12] He is known in academia for his work on international economics (including trade theory and international finance), [ 13 ] [ 14 ] economic geography, liquidity traps , and currency crises .
Progressive economics—also known as New Progressive Economics [6] —made a comeback in the United States to the forefront public discourse after the Great Recession of the late 2000s. Popular dissatisfaction with government policies favouring big business and the bailout of banks led to the emergence of the Occupy Wall Street movement.
His most famous work, Progress and Poverty (1879), sold millions of copies worldwide. [1] The treatise investigates the paradox of increasing inequality and poverty amid economic and technological progress, the business cycle with its cyclic nature of industrialized economies, and the use of rent capture such as land value taxation and other ...
In the "red 1930s", many young economists favoured Marxist views, even in Cambridge, [32] and while Keynes was engaging principally with the right to try to persuade them of the merits of more progressive policy, the most vociferous criticism against him came from the left, who saw him as a supporter of capitalism. From the 1950s and onwards ...
[23] [24] His most popular work, The Road to Serfdom, has been republished many times over the eight decades since its original publication. [25] [26] Hayek was appointed a Member of the Order of the Companions of Honour in 1984 for his academic contributions to economics. [27] [28] He was the first recipient of the Hanns Martin Schleyer Prize ...
But increasingly, mainstream as well as progressive economists are making the case that the prices just didn’t need to go up this much. Outside the U.S., corporations as well as governments have ...
This article lists notable socialist economists and political economists This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources .
Image credits: an1malpulse #5. Animal campaigners are calling for a ban on the public sale of fireworks after a baby red panda was thought to have died from stress related to the noise.