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This quiz consists of 5 multiple choice and 5 short answer questions through The Heresies of John Maynard Keynes.

Multiple Choice Questions

1. It is the forces of ______ that make the market function according to Adam Smith. (fill in the blank)
(a) Competition.
(b) Wealth.
(c) Gold.
(d) Nature.

2. _________ is a manner of organizing society so all tasks are performed. (fill in the blank)
(a) Self-reliance.
(b) Religion.
(c) Tradition.
(d) Social compatibility.

3. What year did Ricardo die?
(a) 1901.
(b) 1834.
(c) 1823.
(d) 1924.

4. John Stuart Mill's book was written when he was in his forties. What is the name of the book?
(a) Principles of Economic Success.
(b) Essay on the Principles of Population.
(c) The Wealth of Nations.
(d) Principles of Political Economy.

5. How many years did it take Adam Smith to finish The Wealth of Nations?
(a) Five.
(b) Three.
(c) Twelve.
(d) Fourteen.

Short Answer Questions

1. Eighteenth-century England thought the population to be somewhere around 5.5 million people, and it was not expected to double for approximately how many years?

2. The new philosophy of survival with the market system brought with it what new social problem?

3. While in prison, who did Saint-Simone claim appeared to him, telling him to become a philosopher?

4. How old was Veblen when he got his first paying job?

5. _________ was based on true wealth only being created in agriculture. (fill in the blank)

(see the answer key)

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