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  1. 1 day ago · Behavioral economics is the study of the psychological, cognitive, emotional, cultural and social factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by classical economic theory. [1] [2] Behavioral economics is primarily concerned with the bounds of rationality of economic agents.

  2. May 2, 2024 · 19th Century Economists (A - K) British liberal statesman, economist, and advocate of free trade: with Richard Cobden he led the Anti-Corn-Law League (1838-46). British philosopher and jurist: a founder of utilitarianism. British economist and statesman: with John Bright a leader of the successful campaign to abolish the Corn Laws (1846).

  3. May 14, 2024 · Adam Smith is considered to be the father of modern economics. He laid out many economic theories that are studied and used to this day. He laid out many economic theories that are studied and ...

  4. 3 days ago · Recipient of the Nobel Memorial Prize in Economic Sciences, Milton Friedman (1912-2006) has long been recognized as one of our most important economic thinkers and a leader of the Chicago school of economics. He is the author of many books and articles in economics, including A Theory of the Consumption Function and A Monetary History .. MORE

  5. May 7, 2024 · Karl Marx (1818-1883) was a philosopher, author and economist famous for his theories about capitalism and communism . Marx, in conjunction with Friedrich Engels , published "The Communist ...

  6. May 16, 2024 · Explore how Adam Smith's blend of moral philosophy and economic theory offers valuable insights into globalization, wealth inequality, and corporate ethics. ...

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  7. 5 days ago · Adam Smith, paste medallion by James Tassie, 1787; in the Scottish National Portrait Gallery, Edinburgh. Courtesy of the Scottish National Portrait Gallery, Edinburgh entrepreneurship , the state of being an entrepreneur, or a person who organizes, manages, and assumes the risk of a business with the goal of generating economic value.

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