Hard Economics Quiz: Creative Destruction, 1944 Accord, Inequality
A hard economics quiz: creative destruction, information asymmetry, the 1944 dollar-gold system, 21st-century wealth inequality and rational expectations.
Question preview
- Which Austrian economist theorized 'creative destruction' as the driving force of capitalist innovation?
- Which American economist, 2001 Nobel laureate, theorized information asymmetries in markets?
- Which 1944 agreement established a fixed exchange rate system based on the dollar, convertible into gold?
… and 7 more questions to discover by playing.