Introducing Economics Introducing Economics
A Graphic Guide
Published on 5. June 2014
176 pages
978-1-84831-778-9 (ISBN)
Description
A comic-book introduction to economics from David Orrell, the author of Economyths: 11 Ways Economics Gets it Wrong. With illustrations from Borin Van Loon. Part of the internationally-recognised Introducing Graphic Guide series.
Today, it seems, all things are measured by economists. The so-called 'dismal science' has never been more popular - or, given its failure to predict or prevent the recent financial crisis, more controversial.
But what are the findings of economics? Is it really a science? And how can it help our lives?
Introducing Economics traces the history of the subject from the ancient Greeks to the present day. Orrell and Van Loon bring to life the contributions of great economists - such as Adam Smith, Karl Marx, John Maynard Keynes and Milton Friedman - and delve into ideas from new areas such as ecological and complexity economics that are revolutionizing the field.
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Persons
David Orrell is a Canadian mathematician who lives in Oxford, where he also obtained his doctorate. His work in the prediction of complex systems such as the weather, genetics, and the economy has been featured in New Scientist, the Financial Times, BBC Radio and CBC TV. He is the author of Economyths: 11 Ways Economists Get it Wrong and Quantum Economics.
Content
- Intro
- Title Page
- Copyright
- Contents
- What is economics?
- Old money
- Pythagoras
- Harmony of the Spheres
- Oikonomikos
- Plato's Republic
- Aristotle
- A system of opposites
- Limited vs. unlimited
- Spreading the word
- The Dark Ages
- The Middle Ages
- The growth of Islam
- Feudalism
- The universities
- Saint Thomas Aquinas
- Copernicus
- Navarrus
- Mercantilism
- The rise of empire
- Mercantilist economics
- Power of the state
- Strength in numbers
- Rational mechanics
- Atoms
- Mad markets
- Light vs. darkness
- Leviathan
- Love of gain
- Locke's blank slate
- The social contract
- The value of money
- One vs. plurality
- Supply and demand
- Silver crisis
- Free trade
- The science of money
- William Petty
- Political arithmetick
- Weights and measures
- Making some dough
- François Quesnay
- The Physiocrats
- Le Zig-zag
- Blood-letting
- Go with the flow
- Jacques Turgot
- Adam Smith
- The Scottish Enlightenment
- The age of commerce
- The mercenary society
- The Wealth of Nations
- A labour theory of value
- The natural price
- The law of economic gravity
- The invisible hand
- Market order
- Divide and conquer
- Growing markets
- The Industrial Revolution
- Thomas Malthus
- Exponential growth
- Sickly season
- Survival of the fittest
- Jeremy Bentham
- The hedonistic science
- Rational society
- David Ricardo
- High rent
- Repealing the Corn Laws
- Comparative advantage
- John Stuart Mill
- Spread the wealth
- Human improvement
- Steady state
- Making Money
- Karl Marx
- Surplus value
- Boom and bust
- Class revolt
- The end of history
- Say you want a revolution
- Supply and demand
- Real science.
- Marginal utility
- Rational economics
- Market oscillations
- The average man
- Ideal markets
- Léon Walras
- Pure economics
- The groping hand
- Vilfredo Pareto
- The 80-20 rule
- Neoclassical economics
- Rational economic man
- At rest vs. in motion
- Sunspots
- A specialized field
- Alfred Marshall
- Burn the mathematics
- Carl Menger
- Subjective value
- The spontaneously emerging hand
- John Bates Clark
- Economies of scale
- Conspicuous consumption
- The leisure class
- Irving Fisher
- Quantity theory
- Fast money
- Crash
- John Maynard Keynes
- The paradox of thrift
- The multiplier effect
- Animal spirits
- The long run
- The New Deal
- New world order
- The business cycle
- Super cycle
- Creative destruction
- Hayek and the uncomputable
- Hayek's influence
- The neoclassical synthesis
- The Phillips curve
- Paul Samuelson
- Bastard Keynesianism
- Losing sight of uncertainty
- The Arrow-Debreu model
- Shopping list
- Future perfect
- The jewel in the crown
- Milton Friedman
- Monetarism
- Stagflation
- Slow and steady
- Natural unemployment
- The Chicago approach
- Rational markets
- Perfect model
- Efficient markets
- Economic astrology
- Bad forecast
- The normal distribution
- Financial engineering
- The Bank of Sweden Prize
- The Apollo missions
- Model economy
- Earthrise
- Spaceship Earth
- Nicholas Georgescu-Roegen
- Natural capital
- Steady state
- Ecological economics
- The church of economics
- Behavioural economics
- Information asymmetry
- Power law
- The science of happiness
- Feminist economics
- The Minsky Moment
- Crash-prone
- Complex systems
- Agent-based models
- Uncertainty reappears
- Subprime
- A lack of ethics
- Linear science
- Post-Pythagorean economics
- "Eco-nomics"
- Further Reading
- About the Author and Artist
- Acknowledgements
- Index
