黄雨晨 3130103278 introduction of Economic Liberalism.

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Presentation transcript:

黄雨晨 introduction of Economic Liberalism

ADAM SMITH( )

Key notion: if left to itself, the market economy will operate spontaneously according to its own mechanism. IN THIS BOOK…

David ricardo （ ） “Comparative advantages”

 Relationship between economics and politics Eco. Autonomous VS. Pol. Decisive  Central actors Individuals&Private firms VS. States  The nature of economic relations a positive-sum game VS. a zero-sum game …… COMPARED WITH MERCANTILISM…

 Laissez-faire  19-20C John Maynard Keynes  Until 1980s… How about governments? “one which was still based on a market economy, but with a considerable degree of state interference and direction.”

7 The new deal(1933) RELIEF RECOVERY RERORM

 Economics autonomous  Individuals and private firms  Cooperative, a positive-sum game  Maxixunm individual and social well-being ECO. LIBERALISM Summarized

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