There is a school of thought in political economy known as classical economics, classical political economy, or Smithian economics. This school of thought flourished, particularly in Britain, in the latter half of the 18th century and the early to middle of the 19th century. It is generally agreed that Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill are the most influential theorists in this school of thought. The theory of market economies, which was developed by these economists, describes market economies as systems that are generally self-regulating and are regulated by natural rules of production and exchange.
How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Classical economics Chapter 2: David Ricardo Chapter 3: Labor theory of value Chapter 4: Piero Sraffa Chapter 5: Cost-of-production theory of value Chapter 6: Say's law Chapter 7: Theory of value (economics) Chapter 8: Maurice Dobb Chapter 9: Law of value Chapter 10: Prices of production Chapter 11: Tendency of the rate of profit to fall Chapter 12: Criticism of Marxism Chapter 13: Ronald L. Meek Chapter 14: Schools of economic thought Chapter 15: Ricardian economics Chapter 16: Ricardian socialism Chapter 17: Anwar Shaikh (economist) Chapter 18: Perspectives on capitalism by school of thought Chapter 19: An Essay on Marxian Economics Chapter 20: Marxian economics Chapter 21: A History of Economic Thought (II) Answering the public top questions about classical economics. (III) Real world examples for the usage of classical economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of classical economics.
Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of classical economics.
