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Joseph Schumpeter: The illuminator of modernity

Arthur Cecil Pigou: The Welfare Economist

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More than anyone, it was Arthur Cecil Pigou that first articulated the marshallian notion of externalities in economics and politics and with...
Joseph Schumpeter: The illuminator of modernity

David Ricardo: Accidental Father of Marxism

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One very popular idea for which David Ricardo is given rather little credit in general education is his position on international trade....
Joseph Schumpeter: The illuminator of modernity

Alfred Marshall: The refounder of economics studies (2)

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For Alfred Marshall, there is an inseparable and complex connection between cost of production, supply, demand and price elasticity.
Joseph Schumpeter: The illuminator of modernity

Carl Menger: The School Father

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Carl Menger died in 1921, fifty-two years after his death, John Richard Hicks found time to declare that “I yield to no...
Joseph Schumpeter: The illuminator of modernity

David Hume: The illuminator

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David Hume also made it clear that there can be no political freedom without economic freedom, for he truly believed and noted...
Joseph Schumpeter: The illuminator of modernity

John Maynard Keynes: The master economist (2)

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For John Maynard Keynes, there is no point fixating on balancing the budget today in order to avoid possible deficit in the...
Joseph Schumpeter: The illuminator of modernity

John Maynard Keynes: The master economist (1)

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John Maynard Keynes with his understanding of history and mathematics combined with his capability to contemplate the particular, in terms of the...
Joseph Schumpeter: The illuminator of modernity

Karl Marx: The philosopher king

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Karl Marx is our unforgettable today. He was an activist, economist, journalist, writer and philosopher. Just like Christianity is...
Joseph Schumpeter: The illuminator of modernity

Jean-Baptiste Say: The evangelist of production

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By Anthony Kila Our unforgettable today is a man that holds a peculiar position in the pantheon of great...
Joseph Schumpeter: The illuminator of modernity

Jean Baptiste Colbert: A child of his time

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By Anthony Kila Our unforgettable today is Jean Baptiste Colbert. He is one of those who...

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