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Economic Theory/Thought

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Thread replies: 15
Thread images: 2

Hello /biz/ nerds. Need to write a term paper tracing current economics back to a prior economist/philosopher. Was thinking of doing size of government and Adam Smith's laissez faire policies. This sounds like the most boring thing I could possibly write about, though, and I want to shoot my dick off. Any thoughts?
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JK Galbraith doesn't get enough love
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>>976126
You should write about David Ricardo and comparative advantage. Maybe throw in some shit about the TPP.

Shit is simple and practically writes itself.
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Monetary policy and Friedman
Fiscal stimulus and Keynes
Rational expectations and Lucas
Comparative advantage and Ricardo

There are tons more, consult wikipedia
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thank you anons. I like the ideas regarding David Ricardo. My professor has a boner for him and we have covered him quite a bit. Any more ideas regarding him?
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>>976126
If you don't know math, you can't write an economics paper that isn't polisci drivel.
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Smith wasn't really a hardcore proponent of laissez faire and you would realize this if you actually read all the books of the wealth of nations beyond the first. Here's a good article on this: http://booksc.org/book/27374793

If you're going to do a paper on Ricardo mention the Ricardian socialists that used Ricardos concepts to critic elements of capitalism in the 1820's (20 years before Marx):
https://en.wikipedia.org/wiki/Ricardian_socialism

Especially Thomas Hodgskin (Marx essentially lifted a lot of ideas from him):
https://en.wikipedia.org/wiki/Thomas_Hodgskin

Also work in Neo-Ricardianism and Piero Sraffa:
https://en.wikipedia.org/wiki/Neo-Ricardianism

Also this is why Ricardo is still relevant:
https://en.wikipedia.org/wiki/Cambridge_capital_controversy
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>>976365
>Smith wasn't really a hardcore proponent of laissez faire
This desu senpai. Ayn Rand would weep if she ever actually met Smith.
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>>976365
this. Smith's ideas were more similar to social democracy than anything else.
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Compare Keynes and Friedmans school of economy and write about why they differ.
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>>976365
I'm surprised if anyone actually manages to get through the Wealth of Nations with that archaic writing style
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>>976978
Bitch pleafe, you're juft mad becaufe you're an illiterate peafant
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>>976126
>Adam Smith's laissez faire policies.
This is a common misunderstanding of Adam Smith. He was NOT a proponent of free markets in the modern usage of the term.
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>>976448
This

>>976419
>social democracy
Not even a little bit. Social democracy is very often characterized by a lack of free trade. Adam Smith was not laissez-faire, but he was much closer to free market than anything else.
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>>977024
considering it isn't my native language, I can live with that.
Thread posts: 15
Thread images: 2


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