Adam Smith's Legacy

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ADAM
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classical economics theory
Distributable Surplus
economic theory evolution in academia
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Excess Supplies
General Convexity
General Economic Equilibrium
history of economic thought
Hold
human capital development
income
Invisible Hand
invisible hand concept
labour market analysis
LCH
Lead Lag Correlation
Life Cycle
Market Economy Model
Maximum Efficiency
nominal
Nominal Prices
Non-human Capital
Nonhuman Capital
Pe Rc
piero
Postwar
Pragmatic Market Socialism
price
prices
public policy evaluation
ratio
Real Business Cycle Theory
ROBINSON CRUSOE
smiths
sraffa
Stable General Equilibrium
Total GNP
Vice Versa
wealth
Wealth Income Ratio
wheat
Wheat Price

Product details

  • ISBN 9780415755689
  • Weight: 780g
  • Dimensions: 138 x 216mm
  • Publication Date: 23 Jul 2015
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Although Adam Smith, the father of modern economics, died over two hundred years ago his presence is still felt in many areas of contemporary economics. In this volume some of the world's leading economists pay tribute to Smith's continuing importance. The contributors, including ten Nobel Laureates, consider themes as diverse as Smith's use of data, his attitude to human capital and his views on economic policy. Heirs to Smith as leaders of the discipline, they also reflect upon the current state of economics, assessing the extent to which it measures up to the benchmark established by its founder.
Michael Fry (Columbia College, Chicago IL US)