Who is the father of world economic?
Adam Smith
Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics.
Who is the father of mixed economy?
The idea behind a mixed economy, as advocated by John Maynard Keynes and some others, was not to abandon capitalism, but to retain a predominance of private ownership and control of the means of production, with profit-seeking enterprise and the accumulation of capital as its fundamental driving force.
Who is the Indian economist?
Amartya Sen
| Amartya Kumar Sen | |
|---|---|
| Field | Welfare economics Social choice theory Development economics |
| School or tradition | Capability approach |
| Alma mater | University of Calcutta (BA) Trinity College, Cambridge (BA, PhD) |
Who are the best economists?
The dignity of human beings is squeezed out to convert humans into quantities to fit into economists and social scientists’ mathematical equations. Scientists arrogantly claim they know best what is good for everybody; and that their views must prevail
Who is the most famous economist?
Paul Krugman.
Who are some famous economists?
Many environmentalists, and some economists, say that free trade encourages industry to relocate to countries with ineffective or poorly enforced anti pollutions laws, mostly in the developing world, and that, in order to maintain competitiveness
Do economists ever get it right?
There is one example when they did . . . According to popular belief, economists rarely manage to predict correctly the consequences of important policy actions. Nevertheless, the case of the European Economic and Monetary Union (EMU) is one of those instances which economists did get it right.