Search results
Results from the WOW.Com Content Network
Baker was a lecturer at the University of Michigan from 1988 to 1989 and an assistant professor of economics at Bucknell University from 1989 to 1992. From 1992 to 1998, he was an economist at the Economic Policy Institute. During this time, he published a paper with Mark Weisbrot in a journal of evolutionary economics. [7]
Karl Marx; Das Kapital, 1867; Das Kapital on Wikisource; Annotations, Explanations and Clarifications to Capital.; Description: A political-economic treatise by Karl Marx.Marx wrote this critical analysis of capitalism and of the political economy from the perspective of historical materialism, the view that history can be understood as a sequence of modes of production in which exploiting ...
Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist is a 2017 non-fiction book by Oxford economist Kate Raworth. [1] The book elaborates on her concept of doughnut economics , first developed in her 2012 paper, A Safe and Just Space for Humanity .
In 2023, a team from USC’s Schaeffer Center for Health Policy and Economics estimated that covering GLP-1s could reduce Medicare’s other spending by between $175 billion and $245 billion over ...
Classical economics focuses on the tendency of markets to move to equilibrium and on objective theories of value. Neo-classical economics differs from classical economics primarily in being utilitarian in its value theory and using marginal theory as the basis of its models and equations. Marxian economics also descends from classical theory.
Claudia Dale Goldin (born May 14, 1946) is an American economic historian and labor economist.She is the Henry Lee Professor of Economics at Harvard University. [9] [2] In October 2023, she was awarded the Nobel Memorial Prize in Economic Sciences "for having advanced our understanding of women's labor market outcomes”. [10]
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".
John Maynard Keynes, a key economics theorist (from Economics) Image 12 The supply and demand model describes how prices vary as a result of a balance between product availability and demand. The graph depicts an increase in demand from D 1 to D 2 and the resulting increase in price and quantity required to reach a new equilibrium point on the ...