Classical economics theory

          Neo classical economist name!

          Classical economics

          School of thought in economics

          Classical economics, also known as the classical school of economics,[1] or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century.

          It includes both the Smithian and Ricardian schools.[2] Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill.

          Features of classical economics

        1. Classical economists list
        2. Neo classical economist name
        3. Adam smith classical economics
        4. Father of classical economics
        5. These economists produced a theory of market economies as largely self-regulating systems, governed by natural laws of production and exchange (famously captured by Adam Smith's metaphor of the invisible hand).

          Adam Smith's The Wealth of Nations in is usually considered to mark the beginning of classical economics.[3] The fundamental message in Smith's book was that the wealth of any nation was determined not by the gold in the monarch's coffers, but by its national income.

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