0
Karl Marx believed that history was governed by the "science" of economics. He wrote that whom ever held the economic advantage in any period of time "created" the history of that time. Marx also did what can be called a "double take" on this issue. He was serious about this and his interpretation ofboth human history and economic systems led him to see the ultimate outcome of of the the latter and the former. Thus the laws he exposed on how economic systems "Must work" he deemed "science". As time passed his ideas on this were debunked by most historians, political philosophers and economists.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What were Adam smiths three natural laws of economics?
Law of self-interestLaw of competitionLaw of supply and demand
What are the characteristics of classical economics?
the law of suply and demand
In economics what is Pareto's Law?
Pareto's Law is the economic theory that 20% of the population earns 80% of the income.
What is imp question of economics hsc 12th com?
law of demand
Explain the say's law in economics?
states that supply creates its own demand.
Areas of the law not governed by statutory or administrative law are?
goverened by common law
What is the universal moral law that Enlightenment thinkers believed could be understood?
Natural Law
What is natural law according to aquinas?
According to Thomas Aquinas, natural law is defined as human participation in the eternal law. He believed that this is discovered by reason.
What were Adam smiths three natural laws of economics?
Law of self-interestLaw of competitionLaw of supply and demand
What we're Adams smith's three natural laws economics?
Law of self-interestLaw of competitionLaw of supply and demand
What has the author Paddy McNutt written?
Paddy McNutt has written: 'Political economy of law' -- subject(s): Law and economics 'Law, economics, and antitrust' -- subject(s): Antitrust law, Economic aspects, Economic aspects of Antitrust law, Law and economics
What has the author Heath Pearson written?
Heath Pearson has written: 'Origins of Law and Economics' -- subject(s): Economic man, Economics, History, Institutional economics, Law and economics, Political aspects, Political aspects of Economics
What did Locke mean by the term natural law?
The rationally knowable morality that is founded in god's will for his creatures. Locke believed that all private and public good is based on the natural law that displays fundamental rights and liberties. Natural law is derived directly from the natural order of the world and from the built in tendencies of human nature.
What has the author Alain Marciano written?
Alain Marciano has written: 'Law and Economics' -- subject(s): Law and economics, Law, Economic aspects
Who believed that natural law required governments to protect citizen's. rights to life liberty and property?
john Locke
Who believed that natural law required governments to protect citizens right to life liberty and property?
john Locke
Who believed that natural law required governments to protect citizens rights to life liberty and property?
john Locke
