Hello /biz/ nerds. Need to write a term paper tracing current economics back to a prior economist/philosopher. Was thinking of doing size of government and Adam Smith's laissez faire policies. This sounds like the most boring thing I could possibly write about, though, and I want to shoot my dick off. Any thoughts?
![[07] On Our Way - USA.mkv_snapshot_11.46_[2015.01.27_19.03.00].jpg](https://i.imgur.com/bWzso6Y.jpg "[07] On Our Way - USA.mkv_snapshot_11.46_[2015.01.27_19.03.00].jpg")
JK Galbraith doesn't get enough love
>>976126
You should write about David Ricardo and comparative advantage. Maybe throw in some shit about the TPP.
Shit is simple and practically writes itself.
Monetary policy and Friedman
Fiscal stimulus and Keynes
Rational expectations and Lucas
Comparative advantage and Ricardo
There are tons more, consult wikipedia
thank you anons. I like the ideas regarding David Ricardo. My professor has a boner for him and we have covered him quite a bit. Any more ideas regarding him?
>>976126
If you don't know math, you can't write an economics paper that isn't polisci drivel.
Smith wasn't really a hardcore proponent of laissez faire and you would realize this if you actually read all the books of the wealth of nations beyond the first. Here's a good article on this: http://booksc.org/book/27374793
If you're going to do a paper on Ricardo mention the Ricardian socialists that used Ricardos concepts to critic elements of capitalism in the 1820's (20 years before Marx):
https://en.wikipedia.org/wiki/Ricardian_socialism
Especially Thomas Hodgskin (Marx essentially lifted a lot of ideas from him):
https://en.wikipedia.org/wiki/Thomas_Hodgskin
Also work in Neo-Ricardianism and Piero Sraffa:
https://en.wikipedia.org/wiki/Neo-Ricardianism
Also this is why Ricardo is still relevant:
https://en.wikipedia.org/wiki/Cambridge_capital_controversy
>>976365
>Smith wasn't really a hardcore proponent of laissez faire
This desu senpai. Ayn Rand would weep if she ever actually met Smith.
>>976365
this. Smith's ideas were more similar to social democracy than anything else.
Compare Keynes and Friedmans school of economy and write about why they differ.
>>976365
I'm surprised if anyone actually manages to get through the Wealth of Nations with that archaic writing style
>>976978
Bitch pleafe, you're juft mad becaufe you're an illiterate peafant
>>976126
>Adam Smith's laissez faire policies.
This is a common misunderstanding of Adam Smith. He was NOT a proponent of free markets in the modern usage of the term.
>>977024
considering it isn't my native language, I can live with that.
