Psychology Dictionary of ArgumentsHome
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| Classical Economics - Psychology Dictionary of Arguments | |||
| Classical economics: Classical economics, emerging in the late 18th and early 19th centuries, focused on value, production, and distribution in market economies. Key figures like Adam Smith, David Ricardo, and John Stuart Mill emphasized free markets, labor theory of value, and capital accumulation. It laid the foundation for modern economics, addressing growth, trade, and public policy. | |||
| Author | Item | More authors for concept | |
|---|---|---|---|
| Classical Economics | Economic Growth | Economic Growth | |
| Classical Economics | Endogenous Growth | Endogenous Growth | |
| Classical Economics | Interest Rates | Interest Rates | |
| Classical Economics | Paradox of Value | Paradox of Value | |
| Classical Economics | Price | Price | |
| Classical Economics | Profit | Profit | |
| Classical Economics | Value and Distribution Theory | Value and Distribution Theory | |
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Ed. Martin Schulz, access date 2025-04-17 | |||
