Monday, May 20, 2024
Joseph Schumpeter: The illuminator of modernity

MKO: A capsule of humanity

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MKO Abiola is a story about humanity. In remembering him this week, we cannot but notice that in one man and in...
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

Joseph Schumpeter: The illuminator of modernity

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Of himself, Joseph Schumpeter is reported to have said that “my ambition was to be the greatest lover in Vienna, the greatest...
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

Milton Friedman: Father of shareholder theory

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Milton Friedman was an American-born economist, public intellectual, political affairs commentator and Nobel Prize winner. By Anthony Kila
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

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

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

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...

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