The Classical Economists: Beginning a New World of Economic Insight

The Classical Economists: Beginning a New World of Economic Insight

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Compact Disc, Blackstone Audiobooks, 2006, ISBN13 9780786168934, ISBN10 0786168935
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The classical economists pioneered a new way of thinking about the uniquely human tendency to produce, trade, consume, and accumulate.

Adam Smith (1723–1790) explained how the division of labor expands productive power and argued for freedom in economic affairs. David Ricardo (1772–1823), a London stockbroker, developed the concept of diminishing returns, the wages-fund doctrine, and classical rent theory. Another classical theorist, Thomas Malthus (1776–1834), proposed that workers are doomed to subsistence wages, because populations increase geometrically while food production increases arithmetically. Other classical economists, including James Mill, John Stuart Mill, and Nassau Senior, extended and refined classical economics throughout the nineteenth century.

The Great Economic Thinkers series is a collection of presentations that explain, in understandable language, the major ideas of history’s most important economis

Specifications

Number of Pages: 3
Number in Series: 3
Original Languages: English
Author: West, E. G. ,  Rukeyser, Louis
Edition: Audiobook
Series Title: Great Economic Thinkers Series
Condition: New
Book Format: Audio CD
Publisher: Blackstone Audio Inc
ISBN-13: 9780786168934
Assembled Product Dimensions (L x W x H): 5.00 x 5.75 x 0.50 Inches
ISBN-10: 0786168935
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