Tag: economy

List of renowned economists, including their biggest achievements and whether they have won a Nobel Prize

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List generated from Copilot: Economist Biggest Achievement Nationality Nobel Prize Winner Adam Smith “The Wealth of Nations” – Father of Modern Economics Scottish No John Maynard Keynes Keynesian Economics British No Karl Marx “Das Kapital” – Marxism German No Milton Friedman Monetarism and Free-Market Economics American Yes Joseph Stiglitz Contributions to Information Asymmetry American Yes […]

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Recession – Everything you need to know

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Recession: Macroeconomic foundation to the global impact As per the National Bureau of Economic Research (NBER), a Recession is “a significant decline in economic activity that is spread across the economy and lasts more than a few months”. It is a naturally occurring phenomenon mostly related to the business cycle of boom and bust. Strong […]

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