To me, the best economists over the past three centuries are Adam Smith in the 18th century, Karl Marx in the 19th century, and John Maynard Keynes in the 20th century!
1. Who is Adam Smith?
Simply put, Adam Smith is the father of capitalism – He advocated for a “free market” and “free trade” governed by an “invisible hand”.
For more, read Who is Adam Smith, anyway?
2. Who is Karl Marx?
Simply put, Karl Marx is the father of communism, but his analysis of capitalism remains the most insightful to date.
For more, read Who is Karl Marx, anyway?
3. Who is John Maynard Keynes?
John Maynard Keynes sits between Adam Smith and Karl Marx. So, he was pretty socialistic.
Note: A republic is socialistic by definition, as everything is supposed to be for the “public”. America is no exception.
Now, why is America so confused about socialism and John Maynard Keynes?
Two informative readings:
For more on John Maynard Keynes, read Who is John Maynard Keynes, anyway?
4. Discussion
The works of these three economists have stood the test of time, especially with China’s comeback over the past few decades.
China’s comeback requires re-writing the history from 1492 on, especially on politics (Colonialism vs. Communism) and economics – Read the image below.
Moreover, China has the best practice of economics, following the works of these three gigantic economists. In contrast, America has the worst, not even with Adam Smith, from “free market” (American “free market” is a lie) to “free trade” (American “free trade” is a lie!).
Three informative readings:
Now, who is the best of the best three?
5. Karl Marx is the best of the best!
The image below highlights the key difference between China, a country currently guided by Marxism, and America, a country that badly needs some Marxism.
For more, read History 2.0 – China’s Comeback vs. America’s Decline.
6. Closing
To me, the best economists over the past three centuries are Adam Smith for the 18th century, Karl Marx for the 19th century, and John Maynard Keynes for the 20th century!
Now, please sit back and enjoy the video below.
