By Martin Hahn | March 21, 2018 Social security is one of the successes gotten by the Americans. The program provides a foundation of economics security for more than 47 million Americans and their families. The reason for the built in protections, we have come close to eliminating poverty among seniors. It also helps in the provision of… Read More »
By Martin Hahn | Submitted On July 22, 2018 French sociologist as well as political theorist Alexis de Tocqueville (1805 1859) traveled to the United States in 1831 to learn its prisons and returned with a wealth of broader observations that he codified in “Democracy in America” (1835), probably the most important publications of the 19th century. With… Read More »
By Martin Hahn | July 17, 2018 Monetarism is actually a set of views depending on the perception that the entire sum of money in an economy is actually the main determinant of economic development. Monetarism is directly linked with economist Milton Friedman, who argued, dependent on the amount concept of cash, that the federal government must maintain… Read More »
By Martin Hahn | May 31, 2018 Thomas More (1477 – 1535) published the very first formal utopia. He imagined a complicated, self contained earth established on an island, in which communities shared a typical culture and way of living. More ‘s Utopian society is actually communal. Every family can make a clothes and a trade is learned… Read More »
By Martin Hahn | May 22, 2018 Keynesian economics, body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935-36) and other works, intended to provide a theoretical basis for government full-employment policies. It was the dominant school of macroeconomics and represented the prevailing approach to economic policy among most… Read More »
By Martin Hahn | May 22, 2018 Classical economics, English school of economic notion that originated during the late 18th century with Adam Smith and that reached maturity in the works of David Ricardo and John Stuart Mill. The theories of the classical school, which dominated economic believing in Great Britain until approximately 1870, focused on economic freedom… Read More »
By Martin Hahn | May 21, 2018 Jan Tinbergen, (born April twelve, 1903, The Hague, Netherlands. – died June nine, 1994, Netherlands), Dutch economist observed for the development of his of econometric models. He was the co-winner (with Ragnar Frisch) of the very first Nobel Prize for Economics, in 1969. Tinbergen was the brother of… Read More »
By Martin Hahn | May 21, 2018 Jan Tinbergen, (born April twelve, 1903, The Hague, Netherlands. – died June nine, 1994, Netherlands), Dutch economist observed for the development of his of econometric models. He was the co-winner (with Ragnar Frisch) of the very first Nobel Prize for Economics, in 1969. Tinbergen was the brother of the zoologist… Read More »
By Martin Hahn | May 20, 2018 F.A. Hayek, also known as Friedrich A. Hayek, in total Friedrich August von Hayek, (born May eight, 1899, Vienna, Austria – died March twenty three, Germany), Freiburg, 1992, Austrian born British economist noted for the criticisms of his of the Keynesian welfare state and of totalitarian socialism. In 1974… Read More »
By Martin Hahn | April 17, 2018 The Wealth of Nations is actually a continuation of the philosophical design started in The Theory of Moral Sentiments. The best issue to which Smith addresses himself is the way the internal battle among the passions as well as the “impartial spectator” – explicated in Moral Sentiments in… Read More »