Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Of Money, and Other Economic Essays

Of Money, and Other Economic Essays

Hume, David
Scott, K. y.

Paperback

Philosophy

ISBN10: 1542595959
ISBN13: 9781542595957
Publisher: Createspace
Published: Jan 16 2017
Pages: 100
Weight: 0.32
Height: 0.21 Width: 5.98 Depth: 9.02
Language: English
David Hume is known for his philosophical writings, but he also wrote on politics, history, and economics. This Book contains 7 economic essays which were first published in Hume's Political Discourses (1752) and republished in Essays and Treatises on Several Subjects, Volume 1 (1758, 1777). One essay has been praised by the Nobel-Prize-winning economist, Paul Krugman, who said in his newspaper column: ... Hume also helped found economics: his 'Of the Balance of Trade', published 34 years before The Wealth of Nations, was arguably the first example of modern economic reasoning, based on what amounts to a stylized model, albeit one without any equations or diagrams. (New York Times, 8 May 2011, Hume Day.) ... You could argue that modern economics really began with David Hume's 'Of the Balance of Trade', whose core is a gloriously clear thought experiment.... (ibid., 2 Feb 2011, Models, Plain and Fancy.) Adam Smith (1723-1790), the author of The Wealth of Nations (1776), is commonly considered the father of modern economics, but Hume pre- dated Smith in that regard. The essays cover Commerce, Money, Interest, Balance of Trade, Jealousy of Trade, Taxes, and Public Credit (national debt). Hume explained economic phenomena we observe even today, such as the self-correction of job migration to lower cost countries, money supply issues, the undesirable results of tariffs, military buildup in underdeveloped countries, and other topics that give insights into the happenings we read about in the news almost daily.

Also in

Philosophy

View All