Alfred Marshall (1842-1924) was a British economist who played a pivotal role in the development of neoclassical economics. His work laid much of the groundwork for the microeconomic theories of supply and demand, market equilibrium, and the marginal utility theory…. Read More ›
Day: March 21, 2024
How America Got Into Gear – Post WWII
In late 1940 for the United States to serve as the “arsenal of democracy,” American industry had stepped up to meet the challenge. U.S. factories built to mass-produce automobiles had retooled to churn out airplanes, engines, guns and other supplies at unprecedented… Read More ›
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