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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 ...
Mervyn Allister King, Baron King of Lothbury (born 30 March 1948) is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013. He is a School Professor of Economics at the London School of Economics. He is also the Chairman of the Philharmonia.
Attilio Celant (born 1942), Italian economist, Dean of the Faculty of Economics (2002–2011) and Professor of Economic Geography at "Sapienza" University of Rome, Rome Seweryn Chajtman (1919–2012), Polish scientist, engineer, teacher of the Industrial Management , creator of the Alternative Theory of Organization and Management
Just before his death in 1946, Keynes told Henry Clay, a professor of social economics and advisor to the Bank of England, [67] of his hopes that Adam Smith's "invisible hand" could help Britain out of the economic hole it was in: "I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject ...
Robert Graham King (born May 24, 1951) is an American macroeconomist. He is currently professor at the Department of Economics at Boston University , editor of the Journal of Monetary Economics , research consultant to the Federal Reserve Bank of Richmond , and a member of the National Bureau of Economic Research .
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"Thirteen critical points in contemporary economic theory". Journal of Economic Literature. 10 (4): 1163– 1189. JSTOR 2721542. Alessandro Innocenti (1995). "Oskar Morgenstern and the Heterodox Potentialities of the Application of Game Theory to Economics". Journal of the History of Economic Thought. 17 (2): 205– 227. doi:10.1017 ...
Beginning with William Stanley Jevons and Clément Juglar in the 1860s, [8] economists attempted to explain the cycles of frequent, violent shifts in economic activity. [9] A key milestone in this endeavor was the foundation of the U.S. National Bureau of Economic Research by Wesley Mitchell in 1920.