Social Sciences
8 years ago

Adam Smith, Marx, and Keynes: Shaping the Future of Economics.

Choice Reviews Online
The big three in economics: Adam Smith, Karl Marx, and John Maynard Keynes
Mark Skousen

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The article discusses the economic theories of Adam Smith, Karl Marx, and John Maynard Keynes. It explores how these three thinkers revolutionized economics over time. Adam Smith introduced new economic ideas in 1776, Marx challenged capitalism, and Keynes faced the greatest challenge to capitalism. The article examines whether Smith's ideas have prevailed over Marx and Keynes.