Classical Economics

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf Economic Theory
gptkbp:competesWith Keynesian Economics
gptkbp:developedBy gptkb:David_Ricardo
gptkb:John_Stuart_Mill
gptkb:Adam_Smith
gptkbp:emphasizes Long-term growth
Market equilibrium
Capital accumulation
Role of savings
gptkbp:focusesOn Competition
Supply and demand
Free markets
Labor theory of value
gptkbp:hasInfluenceOn Neoclassical economics
Economic liberalism
Modern economics
gptkbp:hasKeywords gptkb:The_Wealth_of_Nations
Principles of Political Economy
On the Principles of Political Economy and Taxation
https://www.w3.org/2000/01/rdf-schema#label Classical Economics
gptkbp:influencedBy Physiocrats
gptkbp:isAssociatedWith Liberalism
Capitalism
Market economy
gptkbp:isAvenueFor Public policy
International trade
Economic planning
gptkbp:isCharacterizedBy Perfect competition
Minimal government intervention
Self-regulating markets
Rational economic agents
gptkbp:isCriticizedFor gptkb:Post-Keynesian_Economics
gptkb:Marxist_Economics
New_Classical_Economics
gptkbp:isRelatedTo Investment
Monetary policy
Economic growth
Trade
Consumer behavior
Inflation
Fiscal policy
Unemployment
Labor markets
Production theory
Distribution theory
gptkbp:keyIssues Laissez-faire
Say's Law
Invisible hand
Wages fund theory
gptkbp:localHistory 18th century
19th century