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Economics project

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PRESENTATION OUTLINE

CHRISTIAN MCDOW

BY: CHRISTIAN MCDOW

ADAM SMITH

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  • SMITH LAID THE FOUNDATION FOR THE CLASSICAL FREEMARKET ECONOMIC THEORY. HE ALSO DEVELOPED THE CONCEPT OF DIVISION OF LABOR. This would provide a strong help to the island because the person has an innovative and creative mindset that will guide us with intelligence. He is a person who cares and would provide a good help to the island with his entrepreneurial ideas.

MILTON FRIEDMAN

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  • He received a Nobel Memorial Prize in Economic Sciences for his great research. He was among the intellectual leaders of the second generation of the Chicago prize theory. His skills prove his great background in research and it shows he cares for improvement and innovation. He also has many theories on rate of employment and other economic standpoints that will provide support for the island.

FRIEDRICH HAYEK

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  • He is greatly known for his classical liberalism. He also got the Nobel Memorial Prize in Economic Sciences. He has a large background in science that is beneficial to the people of the island.

JOHN MAYNARD KEYNES

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  • He had great theories of macroeconomics and government policies which are beneficial for the building and supporting of a new government. We need someone with government and economic background to help steer this island in the right direction.