Economists
Called the Father of Economics. Wrote The Wealth of Nations.
Who is Adam Smith?
Father of Macroeconomics. Advocated for fiscal and monetary policy. Claimed aggregate demand determines level of economic activity.
Who is John Maynard Keyes?
Major free-market advocate. Supported Monetarism over Keynesian theories. Advised Ronald Reagan and Margaret Thatcher.
Who is Milton Friedman?
Major contributions to Welfare Economics. Won 1998 Nobel Memorial Price in Economic Sciences. Studied social choice theory, economic theories of famines, decision theory, development economics, public health, and the measures of well-being of countries.
Who is Amartya Sen?
One buyer, many sellers
What is a monopsony?
Prominent American Black Conservative. Won National Humanities Medal in 2002 from President George W. Bush. Opposed Federal Reserve and supported the free-market. Wrote Knowledge and Decisions.
Who is Thomas Sowell?