Extended Audio Sample

Download The Classical Economists: Beginning a New World of Economic Insight Audiobook

Extended Audio Sample The Classical Economists: Beginning a New World of Economic Insight, by E. G. West Click for printable size audiobook cover
0 out of 50 out of 50 out of 50 out of 50 out of 5 0.00 (0 ratings) (rate this audio book) Author: E. G. West Narrator: Louis Rukeyser Publisher: Knowledge Products Format: Abridged Audiobook Delivery: Instant Download Audio Length: Related: The Great Economic Thinkers Series Release Date:
Regular Price: $11.95 Download
— or —
FlexPass™ Price: $10.95$5.95$5.95 for new members!
Download learn more )

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. 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 throughout the nineteenth century.

The Great Economic Thinkers series is a collection of presentations that explain, in understandable language, the major ideas of history’s most important economists. Special emphasis is placed on each thinker’s attitude toward capitalism, revealing their influence in today’s debate on economic progress and prosperity.

Download and start listening now!

3795
Write a Review
What is FlexPass?
  • Your first audiobook is just $5.95
  • Over 90% are at or below $12.95
  • "LOVE IT" guarantee
  • No time limits or expirations
About the Author

Edwin G. West was an economist and economic historian. His first publication, Education and the State, still remains one of the major works on the role of government in education of the twentieth century.