The Economics Book
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DK LONDON PROJECT ART EDITORS Anna Hall, Duncan Turner SENIOR EDITORS Janet Mohun, Rebecca Warren EDITOR Lizzie Munsey US EDITOR ...
NIALL KISHTAINY, CONSULTANT EDITOR Niall Kishtainy teaches at the London School of Economics and specializes in economic history ...
10 INTRODUCTION LET THE TRADING BEGIN 400 BCE–1770 CE 20 Property should be private Property rights 22 What is a just price? Mar ...
INDUSTRIAL AND ECONOMIC REVOULTIONS 1820 – 90 How much should I produce, given the competition? Effects of limited competition 9 ...
CONTEMPORARY ECONOMICS 1970–PRESENT 262 It is possible to invest without risk Financial engineering 266 People are not 100 perce ...
278 The economy is chaotic even when individuals are not Complexity and chaos 280 Social networks are a kind of capital Social c ...
INTRODU ...
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12 F ew people would claim to know very much about economics, perhaps seeing it as a complex and esoteric subject with little re ...
13 of producing goods and providing services is as old as civilization, but the study of how the process works in practice is co ...
14 era of economic organization that looked at the bigger picture. This was the beginning of the so-called market economy. Smith ...
15 grown as university departments were established, and there were distinguishable differences between the major schools in Aus ...
LET TRA BEGIN 400 BCE–1770 CE ...
DING ...
18 A s civilizations evolved in the ancient world, so too did systems for providing goods and services to populations. These ear ...
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