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The Influence of Adam Smith on Economics

Adam Smith died over two hundred years ago but he is still considered one of the most important economists of all time. This Scottish philosopher wrote a book called the ‘Wealth of Nations’ and his...

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The Influence of Karl Marx on Economics

Although there are many people who would disagree with the work of Karl Marx there are few who would doubt his contributions to economics. For much of the twentieth century one third of the world lived...

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What is Keynesian Economics?

John Maynard Keynes was a British economist who wrote extensively during the 1920s and 1930s. His work is still considered important today and has since become referred to as Keynesian economics. Up...

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