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Author West, E. G.

Title The Classical economists: beginning a new world of economic insight [Hoopla electronic resource] / E.G. West.

Edition Unabridged.
Imprint [United States] : Knowledge Products, Inc. : Made available through hoopla, 2006.
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Description 1 online resource (1 audio file (180 min.)) : digital.
Series Audio classics series. Great economic thinkers
Audio classics series. Great economic thinkers.
Access Digital content provided by hoopla.
Cast Read by Lois Rukyser.
Summary The classical economists pioneered a new way of thinking about the uniquely human tendency to produce, trade, consume, and accumulate. Adam Smith (1723-1790) explained how the division of labor expands productive power and argued for freedom in economic affairs; Smith attempted to explain the basis of value, prices, the role of money, and other important concepts related to prosperity and an improved standard of living for all members of society. David Ricardo (1772-1823), a London stockbroker, developed the concept of diminishing returns, the wages-fund doctrine, and classical rent theory. Another classical theorist, Thomas Malthus (1776-1834), proposed that workers are doomed to subsistence wages, because populations increase geometrically while food production increases arithmetically. Other classical economists, including James Mill, John Stuart Mill, and Nassau Senior, extended and refined classical economics to meet new controversies and ideas throughout the nineteenth century.
System Details Mode of access: World Wide Web.
Subject Smith, Adam, 1723-1790.
Ricardo, David, 1772-1823.
Malthus, T. R. (Thomas Robert), 1766-1834.
Mill, John Stuart, 1806-1873.
Economics. -- Sound recordings.
Classical school of economics. -- Sound recordings.
Added Author Rukeyser, Louis. Narrator.
hoopla digital.
ISBN 9781481542548 (sound recording : hoopla Audio Book)
1481542540 (sound recording : hoopla Audio Book)
Music No. MWT10027320
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