Economic Thinkers

Starting with Adam Smith and The Wealth of Nations, continuing to Malthus, Ricardo, Keynes, Hayek, Friedman, Sen and others, the timeless ideas of economic thinkers provide understanding of the contemporary economy.

  • soccer ball

    More Greek-German Humor

    Sep 21, 12 • 371 Views • No Comments

    This Monty Python Greek-German soccer match is wonderful. Thinking of the euro zone, perhaps it also says something about each country’s personality. Sources and Resources: The Monty Python video was from YouTube, here......  [read more]

  • US Chicken Paw Exports to China

    Playing Chicken With China?

    Sep 19, 12 • 546 Views • No Comments

    Yesterday’s headlines about the US taking China to the World Trade Organization (WTO) for unfair auto and auto parts subsidies took me to chicken feet and The Economist’s Sinodependency Index. Knowing the major firms that depend on China for......  [read more]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Obama’s Keynesian Message

    Sep 17, 12 • 864 Views • No Comments

    Comparing Obama/Biden and Romney/Ryan economics, people name John Maynard Keynes and Friedrich von Hayek. Having looked at Hayek several weeks ago, let’s turn to Keynes now. During 1934, with unemployment high and production low, British economist John......  [read more]

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    iPhone 5 Economics

    Sep 13, 12 • 2735 Views • No Comments

    Explaining the probable impact of the new Apple iPhone, one UPS employee recalled the impact of the last new iPad launch.  At its internal hubs, UPS created more work hours for part timers and enjoyed more revenue because of the volume spike that lasted for......  [read more]

  • Monkeys, Economics and Happiness

    Sep 7, 12 • 394 Views • 1 Comment

    Behavioral economists might be able to explain our response to income inequality. In a paper on money and happiness, economist Richard Easterlin initially asks the reader how she feels if her income rises. Then he asks how she reacts when it stays the same.......  [read more]