CliffsNotes on

The Worldly Philosophers

Search this CliffsNote

Robert Louis Heilbroner Biography

About The Worldly Philosophers

Summary and Analysis by Chapter

Chapter 1: Introduction
Chapter 2: The Economic Revolution
Chapter 3: The Wonderful World of Adam Smith
Chapter 4: The Gloomy Presentiments of Parson Malthus and David Ricardo
Chapter 5: The Visions of the Utopian Socialists
Chapter 6: The Inexorable System of Karl Marx
Chapter 7: The Victorian World and the Underworld of Economics
Chapter 8: The Savage Society of Thorstein Veblen
Chapter 9: The Heresies of John Maynard Keynes
Chapter 10: The Contradictions of Joseph Schumpeter
Chapter 11: Behind the Worldly Philosophy

Study and Homework Help

Full Glossary for The Worldly Philosophers
Quiz
Essay Questions

Cite this Literature Note

CliffsNotes To Go Sweepstakes -- Enter Now to Win an iPod touch Loaded with Cliffs Study Apps

How hot is Levi Johnston?

Sizzlin'!
Not bad. I've seen better.
He's taking the quick fame thing way too far.

View Results

Summary and Analysis by Chapter

Chapter 10: The Contradictions of Joseph Schumpeter

Plausible Capitalism A capitalistic system that perpetually renews itself through growth.

Monopoly Literally, "single seller"; an economic situation in which one firm controls an entire market.

Circular Flow A static system which channels productivity and profits into an endless exchange.

Entrepreneur A risk-taker, or innovator, in the business world.

Previous page
Next page
Resources

Tools & Resources

Ask Cliff

Read More About

CliffsNotes® To Go
Literature reviews for the iPhone™ & iPod touch® help you study anywhere, anytime.
Learn more now!
cover
Defining Twilight
Your key to acing the SAT, ACT, GED, and SSAT through Stephenie Meyer's Twilight saga.
The Ultimate Learning Experience!
WATCH the film and READ the lit note for a fast way to study!
Learn more!