Monetary theory posits that a change in money supply is a key driver of economic activity. A simple formula, the equation of exchange, governs monetary theory: MV = PQ.

Mechanism design theory built on the concept of game theory, which was broadly introduced by John von Neumann and Oskar Morgenstern in their 1944 book, Theory of Games and Economic Behavior.

What added to the fears of the capitalist class of the growing and relatively militant working class was the spread of Marx’s theory of “labor as the essence of value and economic surplus ...

Economic theory as ideology The charms of ‘freedom’ propagated by economic ideologies conceal the ugly reality of corporate freedom Dr Asad Zaman July 10, 2016 ...

Theory of Games and Economic Behavior By John Von Neumann Oskar Morgenstern. Pp. xviii + 625. (Princetown, N.J.: Princetown University Press; London: Sir Humphrey Milford, ...

The kind of theory which geography may involve, or which may aid geographic understanding, and help to make geography, already culturally basic to so many mental disciplines, a fully rounded ...

The Quantity Theory of Money may be out of fashion, but it is a useful guide to where the US economy may be headed. September 21, 2022 at 6:30 AM EDT By Tyler Cowen ...

Economic theory’s elusive mixture of “scientific” and “artistic” elements is probably what attracted me to it in the first place.

During the 30th Asia-Pacific Economic Cooperation Economic Leaders' Meeting, China called on the APEC members to stick to innovation, openness, green and inclusive development for the region to ...

Economic theory has its roots in antiquity. As early as the 18th century BC, the Babylonian King Hammurabi's Code includes references to property rights, contracts, credit and economic justice.

Critical Economic Theory (CET) is taught at every business school in the country, but usually under the terms micro and macroeconomics. In any event, it is a lens to view issues. Like critical race ...