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Posted November 10, 2011
A Study In How Economics Evolved From Issues Of Scarcity
This is a lively study of how economics evolved from issues of food scarcity, famine, during hard times in a more agrarian era, and how the issues of corporate finance, mass unemployment, and government policy complicate scarcity issues in more advanced industry-based and technology-based economies. Sylvia Nasar shows how each economist from Malthus to Keynes confronted issues in their own eras and developed concepts for analysis and measurement of economics questions. She makes each era come alive with documentary detail, giving us a "you are there" feel for the prevailing conditions of the time, and that is helpful in bringing practical urgency to the study of why certain concepts were developed in the sometimes "dismal science." -Mike MooneyWas this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted September 13, 2011
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