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  1. Classical economics, classical political economy, or Smithian economics is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid-19th century. Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill.

  2. classical economics, English school of economic thought that originated during the late 18th century with Adam Smith and that reached maturity in the works of David Ricardo and John Stuart Mill. The theories of the classical school, which dominated economic thinking in Great Britain until about.

  3. en.wikipedia.org › wiki › EconomicsEconomics - Wikipedia

    Marxist (later, Marxian) economics descends from classical economics and it derives from the work of Karl Marx. The first volume of Marx's major work, Das Kapital, was published in 1867. Marx focused on the labour theory of value and theory of surplus value. Marx wrote that they were mechanisms used by capital to exploit labor.

  4. 6. Apr. 2022 · Classical economics is a broad term that refers to the dominant school of thought for economics in the 18th and 19th centuries. Most consider Scottish economist Adam Smith the progenitor of...

  5. Die klassische Nationalökonomie oder klassische Ökonomie (kurz: Klassik ), auch Politische Ökonomie, bezeichnet in der Geschichte der Volkswirtschaftslehre sowohl die Theorien wie auch die Epoche der Begründer der Ökonomie als eigenständige Wissenschaftsdisziplin. [1] Den Begriff „Klassische Nationalökonomie“ prägte Karl ...

  6. Classical economics refers to the school of economic thought that arose in Great Britain in the latter part of the eighteenth century. In the year 1776, David Hume died while Jacques Turgot and Marquis de Condorcet left their government posts.

  7. Classical economics. Classical economics is the first modern school of economic thought. Its main developers include Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Malthus and John Stuart Mill. [1]