What is Classical Economics

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 to unlock a comprehensive understanding of classical economics. (eBook only).

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.