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Vor 3 Tagen · Even if we accept the term social market economy as a description for the political-economic system of individual countries, the question arises as to what type of economic system we are currently living in, measured against the ideas of economic liberalism or Keynesianism. Of course, this question cannot be answered uniformly and collectively for many different states, let alone globally. If ...
Vor 4 Tagen · Industrial Revolution, in modern history, the process of change from an agrarian and handicraft economy to one dominated by industry and machine manufacturing. These technological changes introduced novel ways of working and living and fundamentally transformed society.
- The Editors of Encyclopaedia Britannica
Vor einem Tag · Economic history of India. Around 500 BC, the Mahajanapadas minted punch-marked silver coins. The period was marked by intensive trade activity and urban development. By 300 BC, the Maurya Empire had united most of the Indian subcontinent including Tamilakam, which was ruled by Three Crowned Kings.
Vor 4 Tagen · Overview. In John Maynard Keynes' theory, some micro-level actions of individuals and firms – if taken collectively – can lead to aggregate macroeconomic outcomes in which the economy operates below its potential output and growth. Such a situation had previously been referred to by classical economists as a general glut.
- Keynes and Classical Economics
Vor einem Tag · Histories of British socialism are nothing new, with classic studies in the field going back to G. D. H. Cole. Mark Bevir’s new book, however, comes from a slightly different perspective, in that it focuses on the ‘making’ of British socialism in, broadly, the final quarter of the 19th century.
Vor 4 Tagen · Making History argues that historians have damagingly dissociated the discipline of history from the everyday nature of history, defining their work only in scholarly terms. Exploring the relationship between history and society, Kalela makes the case for a more participatory historical research culture, in which historians take ...
Vor 5 Tagen · Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history-and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves.
