Economists Flashcards

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0
Q

American economist famous for his advocacy if monetarism in works like “a monetary history if the United States, 1867-1960” strongly associated with laissez-faire

A

Milton Friedman

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1
Q

Scottish philosopher and economist, known for “An inquiry into the nature and causes of the wealth if nations” creator of the metaphor “invisible hands”

A

Adam smith

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2
Q

German economist historian and social philosopher wrote “das kapital” with Engels

A

Karl Marx

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3
Q

English economist who is famous for the general theory of employment, interest, and money and argued for deficit spending in times of prolonged recessions

A

John Maynard Keynes

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4
Q

English economist famous for principles of political economy and taxation and also put fourth the iron law of wages

A

David Ricardo

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5
Q

Canadian economist who wrote the affluent society and the new industrial state

A

John Kenneth Galbraith

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6
Q

French economist who was the leader of the physiocrats, the first systematic school of economic thought

A

Francios quesnay

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7
Q

English economist who wrote principles of economics introduced the notions of consumer surplus, quasi-rent, demand curves, and elasticity

A

Alfred Marshall

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8
Q

American economist (of Norwegian heritage) who wrote the theory of leisure class and introduced conspicuous consumption

A

Thorstein Veblen

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9
Q

British economist and social philosopher known for extending some of Ricardo’s ideas. Also wrote on liberty

A

John Stuart mill

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