10 Famous Economists and Their Landmark Books
Sep 27, 2023 · 2 mins read
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Milton Friedman - Capitalism and Freedom (1962)
Free markets, not government, protect the individual and ensure quality
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JK Galbraith - The Great Crash, 1929 (1954)
It’s government’s job to stop speculative frenzies ruining the real economy
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Jane Jacobs - The Economy of Cities (1968)
Cities have always been, and always will be, the drivers of wealth
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John Maynard Keynes - The General Theory of Employment, Interest and Money (1936)
To achieve social goals like full employment, governments must actively manage the economy
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Thomas Malthus - An Essay on the Principle of Population (1798)
The world’s finite resources can’t cope with an increasing population
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Alfred Marshall - Principles of Economics (1890)
To understand people, watch their habits of earning, saving and investing
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Karl Marx - Capital (1867)
The interests of labor and capital are perennially in conflict
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David Ricardo - Principles of Political Economy and Taxation (1817)
A free-trading world will see each nation fulfil its potential
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Joseph Schumpeter - Capitalism, Socialism and Democracy (1942)
No form of political economy matches the dynamism of capitalism and its process of ‘creative destruction’
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Adam Smith - The Wealth of Nations (1778)
The wealth of a nation is that of its people, not its government
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