Who was the master of economics?
Answer:
IT IS DEMAND AND SUPPLY ONLY. NO PERSON IS MASTER OF ECONOMICS IT IS FROM OUR OLD GENERATIONS.
keynes
Are you sure it's a person? If it is, I would say it was Marx:
He was a masterful economist and his rigorous analysis of capitalism in Capital is testament to the twenty years of scholarship that led up to its completion. The labor theory of value, decreasing rates of profit, and increasing concentration of wealth were key components of Marx's economic thought.
Keynes could be correct too.
But I don't know whether he's called "the master of economics". What I do know, is that a master of economics is a postgraduate degree.
KEYNES
Adam Smith was the Father of Modern Economics. He basically invented economics as we know it.
Definitely Adam Smith -- no question about it. All the others you could name just followed along in his tradition.
Adam Smith- He's going to be on the 20 squid note.
A 'butterfly in China' in fact.
The father- Smith.
The master- Milton Friedman
The Invisible Hand!
actually it is hard to say who is the master of economics
Adam Smith- pretty much stated the idea of capitalism and founded the idea of the invisible hand.
Keynes has his own area of macroeconomics! what could be cooler than to have a subfield named after you
William Stanley Jevons, Carl Menger, Leon Walras all were very smart guys that helped reshape economics by focusing on the indivudial choice of utility and margin, which today is Neoclassical economics
Way too many great economist, and it is hard to compare them since they all take up a diffrent field in economics
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