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The Genesis of MacroeconomicsNew Ideas from Sir William Petty to Henry Thornton$
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Antoin E. Murphy

Print publication date: 2008

Print ISBN-13: 9780199543229

Published to Oxford Scholarship Online: May 2009

DOI: 10.1093/acprof:oso/9780199543229.001.0001

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Conclusion: New Ideas from Fascinating People

Conclusion: New Ideas from Fascinating People

Chapter:
(p.215) 10 Conclusion: New Ideas from Fascinating People
Source:
The Genesis of Macroeconomics
Author(s):

Antoin E. Murphy (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199543229.003.0010

This chapter begins with a synthesis of the discussions in the preceding chapters, which detailed the considerable legacy selected 17th- to early 19th-century writers left to macroeconomics. Drawing together the ideas of the selected economists yields a formidable list of contributions that they made in providing a skeletal framework for modern macroeconomics. The chapter then analyzes the weaknesses and wrong directions taken by the authors presented in this book.

Keywords:   macroeconomic ideas, economists, Sir William Petty, John Law, Richard Cantillon, François Quesnay, David Hume, Anne Robert Jacques Turgot, Henry Thornton

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