Titlebook: Essays in the History of Mainstream Political Economy; Warren J. Samuels Book 1992 Warren J. Samuels 1992 Adam Smith.business cycle.econom

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Functional

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anaerobic

Adam Smith and the Economy as a System of Power,ticulated as the conventional paradigm of economics, encompasses the play of spontaneous economic activity, the allocation of resources through market forces, efficiency comprehended in terms of self-interest or personal maximization of well-being, and the regulatory hand of competition. While it is

國(guó)家明智

The Political Economy of Adam Smith,lysed the deepest levels of the newly developing industrial market economy.. I propose to interpret Smith’s picture of the market economy in terms of his total system of thought and analysis. This system, with all its oppositions and tensions, comprises Smith’s solution to the problem of order, or o

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DECRY

,The Teaching of Business Cycles in 1905–6: Insight into the Development of Macroeconomic Theory, knowledge of their development affords insight into the development of macroeconomic theory. Fortunately there is now available a set of excellent lecture notes and student reports from a course, ‘Commercial Crises and Cycles of Trade’, given at Harvard two-thirds of a century ago. The notes cast l