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Deffernce between New Keynesian macroeconomics and new classical macroeconomics in the main ideas?
the main argument between the two schools of thoughts is number one on the price and wage rigidity and secondly on the market clearing idea. new Keynesian economics believe in wage and price rigidity and non clearing (disequilibrium) market models. while the classical tend to disagree with these ideas and believe in wages and price flexibility and market clearing models.
What was Mary Wollstonecraft's thoughts on economics?
She didn't think heavily about them; but she did believe it was unfair the when a women was married to a man, she became his property.
Wealth accumulation in history economic thoughts?
Wealth accumulation has been a central focus in historical economic thought, evolving from mercantilist views that emphasized state control and trade surpluses to classical economics, which highlighted individual entrepreneurship and market efficiencies. Thinkers like Adam Smith argued that wealth stems from productivity and specialization, while Karl Marx critiqued capitalist accumulation as exploitative. In contemporary economics, debates continue over wealth distribution, with discussions on inequality and the role of government in regulating markets to ensure equitable growth. Overall, the understanding of wealth accumulation reflects broader societal values and economic structures throughout history.
Other science related to economics?
Economics is a collection of thoughts and principles that are derived from other sciences. Economics, sociology and politics are interrelated as these sciences make an impact on the lives of people and their society.
What is contribution of Plato in economics?
Plato's contributions to economics are primarily found in his philosophical discussions about the ideal state and the role of justice in society. In works like "The Republic," he explores the division of labor and the importance of specialization, suggesting that individuals should perform roles best suited to their abilities for a harmonious society. Additionally, his ideas on property and wealth, particularly in advocating for communal ownership among the ruling class, highlight early thoughts on economic organization and resource distribution. While not an economist by modern standards, his philosophical inquiries laid foundational ideas for later economic thought.
What is the similarities between classical and Keynesian school of thoughts in economics?
Keynesians say that government should interven in economic activities where as classical say not too
Main difference between classical macro-economics and neo-classical thoughts?
what is diff b/w the classical economist and keynes economist
Deffernce between New Keynesian macroeconomics and new classical macroeconomics in the main ideas?
the main argument between the two schools of thoughts is number one on the price and wage rigidity and secondly on the market clearing idea. new Keynesian economics believe in wage and price rigidity and non clearing (disequilibrium) market models. while the classical tend to disagree with these ideas and believe in wages and price flexibility and market clearing models.
When was Night Thoughts of a Classical Physicist created?
Night Thoughts of a Classical Physicist was created in 1982.
How many pages does Night Thoughts of a Classical Physicist have?
Night Thoughts of a Classical Physicist has 217 pages.
What is the ISBN of Night Thoughts of a Classical Physicist?
The ISBN of Night Thoughts of a Classical Physicist is 978-0-674-62460-3.
How can you compare sky with your thoughts?
actually sky has no limit. so we can compare our thoughts with sky that we can increase our thinking process so that we become broadminded.by this we can differentiate between the wrong & right.
Differentiate science and observation?
an observation is is looking at something, having thoughts and wondering things about it science is a study of the world
Do you put quotes around a person's thoughts in a note?
No, quotes are not typically used around a person's thoughts in a note. Instead, thoughts are often italicized or written normally without quotation marks to differentiate them from spoken dialogue.
What was Mary Wollstonecraft's thoughts on economics?
She didn't think heavily about them; but she did believe it was unfair the when a women was married to a man, she became his property.
What has the author Benjn Coulson Robinson written?
Benjn. Coulson Robinson has written: 'Stray thoughts on wealth and its sources' -- subject(s): Economics
When writing a story do you put speech marks around the sentence when some one is thinking it?
No, speech marks are typically used for spoken dialogue. Instead of using speech marks for thoughts, it is common to italicize the thoughts of a character in a story. This helps differentiate between spoken words and internal thoughts of a character.
