Legacies of Great Economists

Before Economics — Mercantilists and Physiocrats

Adam Smith and the Birth of Economics

The Dismal Science — Thomas Robert Malthus and David Ricardo

John Stuart Mill and Utilitarianism

Karl Marx and Socialism

Alfred Marshall and Marginalist Thought

The Socialist Calculation Debate

Joseph Schumpeter and Entrepreneurialism

John Maynard Keynes and the Keynesian Revolution

Milton Friedman and the Rebirth of Classical Economics