How were the following economic institutions written about by economists in the four periods? Is it accurate and how effective and relevant is their analysis? Your thoughts?
These are the economic institutions you can choose from.
1. The market
2. Guilds and trade unions
3. Banks
4. Business firms
5. The Church as economic actor
6. Colonies and empires
7. The state as economic actor
8. Slavery
9. Property rights
10. The military
11. The legal system
12. The family
13. Government
14. Democracy and other forms of political systems
15. Feudalism
The four periods are:
Pre Capitalist thought- Greeks, Christendom and Medievalism (before 1760)
Early Capitalist ? Mercantilism, Physiocrats, Classicism (1760 ? 1890)
Marginalism ? (1890 to date)
Critiques of Capitalism ? (1890 to date)
Modern and Neo-classical economic thought ? (Post war to date)
?
I suggest you to choose Government. So please choose an economist to represent each period. For example, Plato representing the period of “Pre Capitalist thought”.
The essay is not only answering the question whereas it needs to form a strong thesis statement on the relevant of their analysis throughout the four periods.
Please follow the structure below strictly as my professor really care about this:
Introduction (what I will be doing):
It should tell the reader what to expect.
Indicate the problem and the answer
Discuss its relevance (why should we care?!?)
Summarize the work that has been done so far (that you know off)
What is your value added?
What you have found?
Organization of the paper
Body : (What I am doing) AND must contain:
Your Claim/question
Meaning/Implication of the claim
Evidence for each claim
Conclusion : (This is what I have done)
Repeat the problem, indicate what your contribution is, and summarize your finding.
End strongly.
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