سؤال قراءة ستيب محلول — الاستنتاج (تدريب 6224)

(1) Western historians of economic thought, like ourselves have a tendency to focus on Western writers. Whether This is justified or not is a matter or opinion JA Schumpeter, who wrote a comprehensive, widely respected history of economic thought in 1954, held that he could find non -Western early economic writing with any analytic content and further that no piece of reasoning on strictly economic topics has come down to us that can be called “ Scientific ” within our meaning of the term “Schumpeter also pointed to what he regarded as a curious gap in economic literature between the writings of the Greeks and Aquinas, a period of nearly one thousand years during which no economic writings of merit seemed to have been produced. (2) Scholars since Schumpeter have questioned his conclusions and have been to find so interesting early economic wines of merit. We will briefly newly translated works of a seventh century BCE Chinese writer, Oman Zhong (725-645 BC). For example, in order to give you a favor of his contributions and, more broadly to suggest that analysis of economic activity is likely to occur at various times and places. The majority of early Chinese wings on economics fit Schumpeter’s characterization they were essentially limited to considerations of public administration within ethical networks, rather than strictly scientific” studies. Oman Zhong’s book Guan zi, however, stands out as going far beyond the administrative mold. It includes a number of ideas that central to economic thinking. Probably the most important of these is his “light/heavy” theory. An anticipation of supply/demand theory. Others include his anticipation of the quantity theory, his discussion of countercyclical fiscal policy. and his appreciation for the workings of the market. (3) Guan Zhong argued that when a good was abundant it became light and its price would fail. When it was locked away it became heavy, and its price would rise. There would be movements of goods into and out of markets based on their lightness and heaviness, with a definite tendency toward one price- equilibrium. Thus, the light heavy theory is a statement of the law of supply and demand. What word other than analytic content” does the writer use to talk about economic