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Unformatted text preview: more limited one, with decentralized decisionmaking. 30 points 4. Use capital letters to match these economists with the schools of thought with whom they would be closest and most uniquely associated. John Baptiste Say A. utilitarianism St. Thomas Aquinas B. high theory Milton Friedman C. general equilibrium analysis Veblen, Ayres, Commons, and Galbraith D. public choice theory Akerlof, Spence, and Stiglitz E. medieval scholasticism Leon Walras and Vilfredo Pareto F. Austrian economics Paul Samuelson and Kenneth Arrow G. classical macroeconomics James Mill and John Stuart Mill H. Quantity Theory of Money Eugen Bhm-Bawerk and Carl Menger I. American Institutionalism James Buchanan and Gordon Tullock J. economics of information...
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- Spring '09