A History of Economic Thought

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Across
  1. 4. Using the theory of behavioral economics, governments try to ..... people towards favorable outcomes
  2. 6. Name given to small loans provided to people in rural Bangladesh
  3. 7. last name of the African economist who is an outspoken critic of foreign aid
  4. 10. Thomas Sowell represented this belief system, characterized by a very minimal role for government
  5. 12. This is what Adam Smith called the force that regulates the economy through self-interest and competition
  6. 13. Karl Marx's book that called for workers to rebel against capitalism
  7. 14. The name of the bank Mohammed Yunus created to give small loans to people in poverty
  8. 15. This is the source of wealth, according to Say's Law
  9. 16. Last name of the US president who used Keynes' theory to respond to the 2008-2009 financial crisis
Down
  1. 1. She was the first female chair of the US Federal Reserve
  2. 2. Elinor Ostrom's work argued against the inevitability of the tragedy of the _____
  3. 3. John Maynard Keynes advocated for this to create jobs and stimulate demand during a recession
  4. 5. The French term for "leave to do," a belief of Adam Smith's
  5. 7. Keynes said that government spending would create this as newly employed workers epend their income
  6. 8. The economic theory that combines psychology with economics to study how people make economic decisions
  7. 9. Karl Marx believed this should belong to the workers
  8. 11. He said that the value of an item should be equivalent to the labor and materials that went into producing it