Marx was probably the most influential economist of his time. Das Capital provided new insights into welfare economics that provided practised policy measures for half the globe. Criticising him in this way is simply a misunderstanding of what he actually achieved.
Also J.B Say should definately be on this list, no?
Jim - 14 years ago
Karl Marx wasn't an economist - he was a fool, driven by hatred of anyone better off than him. He didn't know the slightest thing about economics.
Marx was probably the most influential economist of his time. Das Capital provided new insights into welfare economics that provided practised policy measures for half the globe. Criticising him in this way is simply a misunderstanding of what he actually achieved.
Also J.B Say should definately be on this list, no?
Karl Marx wasn't an economist - he was a fool, driven by hatred of anyone better off than him. He didn't know the slightest thing about economics.