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Period: 1492 to
Martín de Azpilicueta
He was a Navarrese philosopher, religious and theologian and one of the most important intellectuals of his time -
1563
at the height of mercantilism.
represents a seaport -
Period: to
Its main representative was Francisco Quesnay
who wrote the economic table or table, in which he describes the distribution and circulation of wealth -
Period: to
Francisco María Arquet
many of his ideas were in correspondence and / or were a complement to the socio-political demands posed by thinkers such as Voltaire -
SCHOOL OF PHYSIOTHRAT
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school monetarist
by Irish economist Richard Cantillon and Scottish philosopher and economist David Hume -
the term was coined
these authors did not see themselves as participants in a single economic ideology, but the term was coined by Víctor Riquetti, Marquis of Mirabeau -
It was popularized
It was popularized by Adam Smith -
START The Industrial Revolution
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poverty
the problem of the most terrible misery between 1795 and 1834. -
School classic
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Period: to
school marxist
Some authors of the Marxist School were: Karl Marx (1818-1884), Friedrich Engels (1820-1895), Vladimir Lenin (1870-1924), Rosa Luxemburg (1871-1919). -
Period: to
School Neo classic
Large economists start this trend: Carl Menger, in Vienna, around which the Austrian School is formed; Leon Walras, creator of the School of Lausanne; and William Stanley Jevons -
Period: to
Advances
It focuses on the allocation of resources at a given time, that is, it refers to the choice and disposition of scarce resources among possible alternatives.
Accepts some variety of utilitarianism as playing a central role in understanding the economy.
It focuses on marginal alternatives. Neoclassicism is interested in the alternatives and "marginal" changes that are the object of the calculation.
It assumes a long-term rationality. -
The suggestions that interest us about Knut Wicksell are mainly found in his "Geldzins und Güterpreise"
General Wicksell sought to defend the suggestion of quantitative theory -
school keynesian
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dont have money
dont there was enough at the beginning of the twentieth century to back up with gold and silver all that currency, including paper money, checks, promissory notes and other forms of "bank money" or credit in circulation. P. H. Wicksteed (a marginalist economist) -
Unemployment
Unemployment went from 3 people per 100 in 1924 -
Accions
in New York nobody wanted to buy the shares because the economy was very bad and nobody trusted in the recovery -
more unemployment
to 25 people every 100
