Economics and the Economy
ECONOMICS AND THE ECONOMY
Economists rely heavily on computers to analyze economic statistics and models of the workings of the economy. As computers become increasingly powerful, economists will be able to use increasingly sophisticated methods to study economic relationships. This, in turn, will greatly enhance people's understanding of economic relationships and of the economy.
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Karl Polanyi , Polanyi, Karl
Polanyi, Karl
Karl Polanyi (1886—1964), whose concept of substantive economics did much toward integrating the study of economics with… New Economy , As the U.S. economy surged into overdrive between the mid-1990s and early 2000s, delivering skyrocketing profit margins and profound technological de… Ragnar Frisch , Frisch, Ragnar
Frisch, Ragnar 1895-1973
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BIBLIOGRAPHY
If one could do a mental time-and-motion study of a modern economic theorist at work, a large fraction of what… economic , ec·o·nom·ic / ˌekəˈnämik; ˌēkə-/ • adj. of or relating to economics or the economy: the government's economic policy. ∎ justified in terms of profita…
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Economics and the Economy