Events
Plato's RepublicBattle of Corinth -
Start of the Roman EmpireFall of the W. Roman EmpireRevival of Aristotelian ThoughtNicolaus Copernicus’ 1543
+Quantity Theory of Money (1522)Newton's Principia 1687Emergence of "Lay Economist"
15th centuryHobbes' Leviathan
1651Rousseau's Social Contract
1762Locke's Two Treatise on Gov.
1669Fable of the Bees 1714
Bernard MandevilleShaftesbury's 1699
Enquiry on Virtue and MeritAdam Smith's
Wealth of Nations
1776Christopher ColumbusBuddhaEdison's LightbulbSteam Locomotive
1804The CompassThe Water WheelThe Mechanical ClockThe Printing PressThe Steam EngineFirst AirplaneSteelPenicilinInternetAdolphe Quetelet's
Treatise on Man (1835)Bacon's Novum Oraganum
1620Cobb, Douglas. 1928 “A Theory of Production.“Hayek, F.A. 1945 “The Use of Knowledge in Society.”Kuznets 1955.
“Economic Growth and Income Inequality.”Arrow, 1963
“Uncertainty and the Welfare Economics of Medical Care.”Krueger 1974. “The Political Economy of the Rent-Seeking Society.”Grossman and Stiglitz. 1980.
“On the Impossibility of Informationally Efficient Markets.”Periods
Medieval Period (476 -1500)FeudalismDark Ages (Early medieval period)Scholasticism
(9th/1200, 13th, 14th/17th)Thomas Aquinas 1225-1274Renaissance (1300-1600s)MachiavelliMartin LutherFrancis Bacon (1561-1626)Scientific Revolution (1543-1800)Mercantilism (1500s -1700s)
Early Modern period(Spanish) Price Revolution
1450-1650William Petty's
Political Arithmetic 1623-1687Rene Descartes
(1596-1650)Gottfried Leibniz
(1646-1716)Isaac Newton
(1642-1727)The “économistes” or Physiocrats
Francois Quesnay (1694-1774)French Enlightenment
(1740-1790)Francis Hutchinson
(1694-1746)Scottish Enlightenment
1730 -1790sDaniel Bernoulli
(1700-1782)Jeremy Bentham
(1748-1832)Thomas Malthus
(1766-1834)David Ricardo
(1772-1823)James Mill (1773-1836)Jean-Baptiste Say
(1767-1832)William Nassau Senior
(1790-1864)William Whewell
(1794-1866)Auguste Comte
(1798-1857)Augustin Cournot
(1801-1877)John Stuart Mill
(1806-1873)Wilhelm Friedrich Hegel
(1770-1831)Karl Marx
(1818-1883)Friedrich Engels
(1820-1895)William Stanley Jevons
(1835-1882)Leon Walras
(1834-1910)Carl Menger
(1840-1921)Alfred Marshall
(1842-1924)Eugen Bohm von Bawerk
(1851-1914)Knut Wicksell
(1851-1926)Thorstein Veblen
(1857-1929)Irving Fisher
(1867-1947)Arthur C. Pigou
(1877-1959)Ludwig von Mises
(1881-1973)John Maynard Keynes
(1883-1946)Joseph Schumpeter
(1883-1950)Friedrich Hayek
(1899-1992)Wassily Leontief
(1906-1999)Milton Friedman
(1912-2006)Paul Samuelson
(1915-2009)Albert Hirschman
(1915-2012)French RevolutionWorld War I1st Atlantic Slave Trade2nd Atlantic Slave TradeU.S. Civil War
April 12, 1861 – May 9, 1865Industrial Revolution
(1760-1840)2nd Industrial RevolutionWorld War II
1 September 1939 – 2 September 1945The Great DepressionCold WarFinancial Crises
2007-2008RomanticismProtestant Reformation
(1517-1648)Alexander of MacedonGingis KahnMuhammadSimon Kuznets
(1901-1985)Byzantine Empire (Eastern Romand Empire)Ottoman EmpireJohn Maynard Keynes
(5 June 1883 – 21 April 1946)Thirty Years' WarMarginal Revolution
(1860-1880)Classical EconomicsAristoleJohn Bates Clark
(January 26, 1847 – March 21, 1938)Vilfredo Pareto
(15 July 1848 – 19 August 1923)Johan Gustaf Knut Wicksell
(December 20, 1851 – May 3, 1926)Michel de Montaigne
(1533-1592)Jean Bodin
(1530-1596)Thomas Mun
(1571-1641)Bertil Gotthard Ohlin
(23 April 1899 – 3 August 1979)Evgeny "Eugen" Evgenievich Slutsky
April 18 1880 – March 10 1948Joan Violet Robinson
31 October 1903 – 5 August 1983Elinor Ostrom
August 7, 1933 – June 12, 2012Disappearance of Economic Thought as Requriment
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