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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. What are economists considered by the rules of schoolboy history books?
2. According to Ricardo, which class was the only class in English society which could benefit from its hold on grain prices?
3. What was detested by factory workers in the late 1700's?
4. One of the featured economists was never more than what?
5. 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?
Short Essay Questions
1. What did most people in ancient societies aspire to?
2. Why did opponents of humanitarian legislation propose Smith's idea of laissez-faire?
3. What led to the introduction of a poor-relief bill and what did it encourage?
4. What does Heilbroner say that economists provide?
5. How did Charles Fourier propose to reorganize the Earth he believed was characterized by chaos and unhappiness?
6. Why does Heilbroner find it strange that people don't know about the worldly philosophers?
7. Why did economics not begin with Adam Smith as many people believe?
8. How did David Ricardo view society?
9. How did Ricardo and Malthus differ in their views?
10. What does Heilbroner say in his introduction that the worldly philosophers did "quietly and inconspicuously"?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
Why, even with all of the economic issues that confront society, are most economists not classified as worldly philosophers? Answer fully through the historical context of the great economic thinkers discussed in the book.
Essay Topic 2
Discuss the following statement in terms of its significance to both Keynes' theories and economic conditions of 2007-2008: "In retrospect, it was inevitable. The stock market had been built on a honeycomb of loans that could bear just so much strain and no more. And more than that, there were shaky timbers and rotten wood in the foundation that propped up the magnificent show of prosperity."
Essay Topic 3
How did Marx and Keynes each "exert the profoundest influence on the philosophy of the capitalist system"?
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This section contains 866 words (approx. 3 pages at 300 words per page) |
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