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Who are the three fathers of economics?
The world's three great fathers of economics are Keynes, Cantillon and Adam Smith.
1, Keynes
Maynard Keynes, a British economist, one of the most influential economists of modern economics, he founded the macroeconomics and Freud's psychoanalysis and Einstein's discovery of the theory of relativity together and is known as the twentieth century, the three major revolutions of human knowledge. Keynes is known for starting the Keynesian revolution in economics, and is known as the father of macroeconomics.
2. Cantillon
Richard Cantillon was an Irish economist and financier who wrote one of the earliest works of modern economics, An Introduction to the Nature of Business. Tyrone's Introduction to the Nature of Commerce occupies an important position in the history of economic doctrine. On the one hand, it is the first systematic and comprehensive treatment of the various theoretical and practical problems of the discipline before Adam Smith in the formation of political economy, and is regarded as the father of the Irish agrarian school of economics.
3, Adam Smith
Adam Smith (June 5, 1723 - July 17, 1790), born in Scotland, Fife (County Fife) Kirkcaldy (Kirkcaldy), the British economist, philosopher, writer, the main founder of economics. Adam Smith emphasized free markets, free trade, and the division of labor, and is known as the father of classical economics.?
Expanded:
The first stage: the mid-17th century to the mid-19th century, at this time to microeconomics, represented by Adam Smith's "Wealth of Nations" is the budding stage of the study of economic theory.
The second stage: the late 19th century to the early 20th century, is the stage of neoclassical economics, represented by Marx's theory of surplus value, Alfred Marshall's Principles of Economics.
The third stage: the 1930s to the 1960s, the beginning of the establishment of modern macroeconomics, represented by Keynesianism.?
The fourth stage: after the 1960s, the modern Western economic system was finally established, the establishment of the equilibrium price theory, consumer economics, productivity economics, manufacturers' equilibrium theory and welfare economics.
Baidu Encyclopedia - Keynes
Baidu Encyclopedia - Cantillon
Baidu Encyclopedia - Adam Smith
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