10 sentences with 'economics'

Example sentences and phrases with the word economics and other words derived from it.

« The importance of Smith, in addition to founding the discipline of economics itself, was that he applied precisely the same kind of Enlightenment ideas and ideals to market exchange as did the other philosophers to morality, science, and so on. »
« His ideas, along with those of David Ricardo, an English economist of a younger generation than Smith, are usually considered the founding concepts of "classical" economics. »
« Marx's theories are worth considering in detail because of their profound influence: by the middle of the 20th century, a third of the world was ruled by communist states that were at least nominally "Marxist" in their politics and economics. »
« For Marx, revolution seemed not only possible but probable in the 1840s, when he was first writing on philosophy and economics. After the failure of the revolutions of 1848, however, he turned his attention away from revolution and towards the inner workings of capitalism itself. »
« Spencer was a fervent advocate of free market economics and also contributed to the process of defining human races in biological, rather than cultural or historical terms. »
« Unfortunately, as academic disciplines proliferated and scholars proposed theories to explain politics, social organisation and economics, it was often difficult to distinguish between sound theories based on empirical evidence and pseudo-scientific or pseudo-scholarly theories (such as those surrounding racial hierarchy) based instead on ideology and sloppy methodology. »
« The impetus behind the takeover of Africa had much more to do with international tension than with practical economics: there were certainly benefits to be gained in Africa, but at the time they were mostly theoretical, as no European knew for sure what those resources were or where they were to be found. »
« Almost without exception, the economics of imperialism can be described as "economies of plunder". »
« Although Western European politics and economics underwent a number of changes in the decades following the Second World War, they nevertheless represent essential continuity (i.e. market economies, welfare states, democratic politics) in many respects up to the present. »
« In 1844, Morse sent the first telegraph message over the new link. Improved communication systems fostered the development of business, economics and politics by enabling the dissemination of news at a speed previously unknown. »

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