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What are the classic books on economics?
Ten classic works of economics

1, Adam. Smith (UK) The Wealth of Nations. Smith's works are the foundation works of modern economics and the greatest works of economics. His labor theory of value, the theory that division of labor and specialization are the source of economic efficiency, and the theory of "invisible hand" economic liberalism are all respected by the ancients. His contribution to economics is comparable to Newton's contribution to physics.

2. david ricardo (UK). Principles of Political Economy and Taxation (Volume I). Ricardo is a successful speculator in London Stock Exchange, and he can make immortal contributions in the field of theoretical economics. He is really a genius. The theory of comparative advantage expounded in this book is the theoretical basis of modern free trade policy. In addition to speculation, Soros also wrote some books such as Global Capitalism Crisis, but his theoretical attainments are far from Ricardo's.

3. Marx (Germany) Das Kapital. In addition to theory, Marx's surplus value theory is powerful enough to change the world and can be selected as the most important economic works.

4. Essentials of Pure Economics in Walras (French). The subjective value (utility) theory of modern economics, marginal revolution and mathematical turn of economics are all systematized through this book, which Schumpeter once praised as the highest achievement of economics as a rigorous science.

5. Fisher's interest theory. In my opinion, this book is by far the greatest study of capital theory. Where Marx found the surplus value, he saw the reward of giving up the current consumption and taking the uncertain risk in the future. Zhang Wuchang thinks this book refutes Capital.

6. Keynes (UK) General Theory of Employment, Interest and Money. In my opinion, although he is called the founder of macroeconomics, his most important contribution may be to question and criticize the theory that individual rationality naturally produces social rationality through free competition (the core of Smith's "invisible hand" theory), but its constructive part-state intervention policy is controversial.

7. Marshall (UK) Principles of Economics. Marshall's most important work is Principles of Economics published in 1890. This book is recognized as an epoch-making work by western economists and the greatest economic work after The Wealth of Nations. The economic theory expounded in this book is regarded as the continuation and development of British classical political economy. The neoclassical school with Marshall as the core has been occupying the dominant position of western economics for 40 years.

8. Samuelson (American) Economics. Choosing a textbook as the most important economic work will be questioned by many people. As the most successful economics textbook with the largest circulation, this book has contributed more to the standardization and systematization of economic knowledge than anyone in the contemporary era. He was chosen as the most important economic work because of his great power to change the way of economic knowledge dissemination and reproduction.

9. Buchanan (United States) agreed to the calculation. The theory of "public choice" initiated by this book enables constitutional democracy to be quantitatively analyzed with mathematical tools and opens up a new path for the study of economic and political systems.

10, Liu De (China) on capital wealth. This is a once-in-a-century ideological feast, mainly expounding the law of wealth, which is the objective law of economics, the third law in the history of human social thought after Marx's law of value and law of surplus value, the greatest discovery of human society in the 2 1 century, and a milestone of human progress and social development.