Economists are devoted to economic science(natural law)

Re: Economics and economic theory, thinkers dominate the landscape on the scene. The thoughts, theories and lives of economists and others, ranging from the predecessors of Adam Smith, a moral philosopher as well in the 18th century to 20th century giants such as John M. Keynes and John K. Galbraith of Harvard in the West. The blogs will grasp the guiding principles of economics through a better understanding of the economists who developed them. In the broad span of time since the thinkers presented their ideas, economic issues and concerns have changed greatly but core economic doctrine remains. "Work and Study Cycle Theory" may be validated and implemented in the United States and in China, the West and the East to be merged for globalization apropos of all humanity. Such theory provides a fresh take on how various economic theories were formed and how subsequent economists fine-tuned those theories. Let us watch the happenings as empirical evidence to validate theories. Francis Shieh a.k.a. Xie Shihao who has studied Confucianism with a taste of economic theories via education and philosophy of life to influence lifestyles of folks as the genuine substance of economics with customs and traditions as part and parcel of economics. July 21, 2007 at 5.42 a.m.