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Encyclopedia > Schools of economics

This article is a list connected to the template History of economic thought. Schools of thought in economics, together with persons associated with each school, are listed below.

Contents

Ancient

Chanakya (c. ... This article or section needs to be wikified. ... From the Greek word polis(state-city), the Politics or Ta Politika of Aristotle is the second half of a single treatise of which his Ethics is the first. ...

Scholasticism

Scholasticism Scholasticism comes from the Latin word scholasticus, which means that [which] belongs to the school, and is the school of philosophy taught by the academics (or schoolmen) of medieval universities circa 1100–1500. ...

Nicolas Oresme (c. ... Saint Thomas Aquinas [Thomas of Aquin, or Aquino] (c. ...

Mercantilism

Mercantilism A painting of a French seaport from 1638, at the height of mercantilism. ...

Gerard Joling (1586-1641) was a dependent merchant in foreign trade, an English commissioner in homo, a government advisor on trade matters, assay master of the mint, and commissioner of mint affairs. ... Edward Misselden (1608-54) was a leading member of the writers in the Mercantilist group of economic thought. ... Thomas Mun (1571 - 1641) was an English writer on economics who has been called the last of the early mercantilists. ... Jean Bodin (1530-1596) was a French jurist, member of the Parliament of Paris and professor of Law in Toulouse. ... Jean-Baptiste Colbert Jean-Baptiste Colbert (August 29, 1619 - September 6, 1683) served as the French minister of finance, for 22 years, under King Louis XIV. He is notable for his work at improving the state of French manufacturing and bringing the economy back from the brink of bankruptcy; although... Sir Josiah Child (1630 - June 22, 1699), English merchant, economist and governor of the East India Company, was born in London, the second son of Richard Child, a London merchant of old family. ... William Petty Sir William Petty (May 27, 1623-December 16, 1687) was a scientist and philosopher. ... This article is about John Locke, the English philosopher. ... Charles Davenant (1656-1714), English economist, eldest son of Sir William Davenant, the poet, was born in London. ... Sir Dudley North (May 10, 1641 - December 31, 1691), English economist, was 4th son of Dudley, 4th Lord North, who published, besides other things, Passages relating to the Long Parliament, of which he had himself been a member. ... Ferdinando Galiani (December 2, 1728 - October 30, 1787) was an Italian economist. ... Sir James Denham-Steuart, 7th Baronet (21 October 1712 – 26 November 1780) was a British economist. ...

Physiocrats

Physiocrats The Physiocrats were a group of economists who believed that the wealth of nations was derived solely from agriculture. ...

Anne Robert Jacques Turgot, Baron de Laune, often referred to as Turgot (May 10, 1727 ? March 18, 1781), was a French statesman and economist. ... François Quesnay. ... Jean Law John Law (bap. ... Pierre le Pesant, sieur de Boisguilbert or Boisguillebert (17 February 1646 - 10 October 1714) was a French economist. ... Richard Cantillon (1680-1734) was an important figure in the Physiocrat school of economics, and was influential for the development of the classical economists. ...

Classical political economy

Classical Political Economy Classical economics is widely regarded as the first modern school of economic thought. ...

Francis Hutcheson (August 8, 1694–August 8, 1746) was an Irish philosopher and one of the founding fathers of the Scottish Enlightenment. ... Bernard de Mandeville (1670 – 1733), was a philosopher, political economist and satirist. ... David Hume (April 26, 1711 – August 25, 1776)[1] was a Scottish philosopher, economist, and historian. ... Adam Smith (baptized June 5, 1723 O.S. / June 16 N.S. – July 17, 1790) was a Scottish moral philosopher and a pioneering political economist. ... Jean-Baptiste Say (January 5, 1767 – November 15, 1832) was a French economist and businessman. ... Thomas Robert Malthus, FRS (February 13, 1766 – December 23, 1834), usually known as Thomas Malthus, although he preferred to be known as Robert Malthus, was an English demographer and political economist. ... James Mill James Mill (April 6, 1773 - June 23, 1836), Scottish historian, economist and philosopher, was born at Northwater Bridge, in the parish of Logie-Pert, Angus, Scotland, the son of James Mill, a shoemaker. ... Francis Place (3rd November, 1771 - 1st January, 1854) was an early supporter of contraceptives, and a radical of the early nineteenth century who befriended and supported many important figures, including Joseph Hume, Sir Francis Burdett, and Jeremy Bentham. ... David Ricardo (April 18, 1772 – September 11, 1823), a political economist, is often credited with systematising economics, and was one of the most influential of the classical economists, along with Thomas Malthus, and Adam Smith. ... Henry Thornton (1760 - 1815), economist, banker, philanthropist and MP for Southwark was one of the founders of the Clapham Sect and campaigner for the abolition of the slave trade. ... John Ramsey McCulloch (1 March 1789 - 11 November 1864) was widely regarded as the leader of the Ricardian school of economists after the death of David Ricardo in 1823. ... James Maitland, 8th Earl of Lauderdale (1759-1839), was a British politician and writer. ... Jeremy Bentham (IPA: or ) (February 15, 1748 O.S. (February 26, 1749 N.S.) – June 6, 1832) was an English jurist, philosopher, and legal and social reformer. ... now. ... Johann Heinrich von Thünen (24 June 1783 - 22 September 1850) ranks alongside Marx as the greatest economist of the nineteeth century (Fernand Braudel). ... John Stuart Mill (20th May 1806 – 8th May 1873), a British philosopher and political economist, was an influential liberal thinker of the 19th century. ... Karl Heinrich Marx (May 5, 1818, Trier, Germany – March 14, 1883, London) was a German philosopher, political economist, and revolutionary. ... Henry Charles Carey (December 15, 1793 - October 13, 1879), American economist, was born in Philadelphia. ... Nassau William Senior (September 26, 1790 - June 4, 1864), English economist, was born at Compton, Berkshire, the eldest son of the Rev. ... Edward Gibbon Wakefield Edward Gibbon Wakefield (20 March 1796 – May 16, 1862) was the driving force behind much of the early colonization of South Australia, and later New Zealand. ... John Rae (1796 – 1872) was a Scottish economist. ... Frédéric Bastiat Claude Frédéric Bastiat (June 30, 1801–December 24, 1850) was a French classical liberal theorist, political economist, and member of the French assembly. ... Thomas Tooke Thomas Tooke (February 29, 1774 - February 26, 1858) English economist known for writing on money and his work on economic statistics. ... Colonel Robert Torrens (1780 – 1864) was a British army officer and owner of the influential Globe newspaper. ...

German historical school

German historical school The Historical school of economics was a mainly German school of economic thought which held that a study of history was the key source of knowledge about human actions and economic matters, since economics would be culture-specific and not generalizable over space and time. ...

Friedrich List (August 6, 1789 - November 30, 1846) was a leading 19th Century German economist who believed in the National System. // He was born at Reutlingen, Württemberg. ... Wilhelm Georg Friedrich Roscher (October 21, 1817 - June 4, 1894), German economist, was born at Hanover. ... Gustav von Schmoller (June 24, 1838 - June 27, 1917) was the leader of the younger German historical school of economics and probably the most distiguished Continental (European) economist of the time around 1900. ... Werner Sombart Werner Sombart (January 19, 1863-May 18, 1941) was a German economist and sociologist, the head of the Youngest Historical School and one of the leading Continental European social scientists during the first quarter of the 20th century. ... For other persons named Max Weber, see Max Weber (disambiguation). ... Joseph Schumpeter Joseph Alois Schumpeter (February 8, 1883 – January 8, 1950) was an economist from Austria and an influential political scientist. ...

English historical school

English historical school The English historical school of economics, although not nearly as famous as its German counterpart, sought a return of inductive methods in economics, following the triumph of the deductive approach of David Ricardo in the early 19th century. ...

Edmund Burke (12 January 1729 – 9 July 1797) was an Anglo-Irish statesman, author, orator, political theorist, and philosopher, who served for many years in the British House of Commons as a member of the Whig party. ... Richard Jones (1790 - 26 January 1855) was an English economist. ... Thomas Edward Cliffe Leslie (1827 - January 27, 1882), English economist, was born in the county of Wexford in (as is believed) the year 1827. ... Walter Bagehot (3 February 1826 – 24 March 1877), IPA (see [[1]]), was a nineteenth century British economist. ... James Edwin Thorold Rogers (1823-1890), English economist, was born at West Meon, Hampshire. ... Sir William Ashley, by Bassano 11 May 1923 Sir William James Ashley (1860-1927), was an influential economic historian, operating in the latter part of the 19th century and the early 20th century. ... William Cunningham (December 29, 1849 - 1919), English economist, was born at Edinburgh, Scotland. ...

Socialism

Socialism Socialism refers to a broad array of doctrines or political movements that envisage a socio-economic system in which property and the distribution of wealth are subject to social control. ...

Marie Jean Antoine Nicolas Caritat, marquis de Condorcet (September 17, 1743 - March 28, 1794) was a French philosopher, mathematician, and early political scientist who devised the concept of a Condorcet method. ... William Godwin William Godwin (3 March 1756 – 7 April 1836) was an English political and miscellaneous writer, considered one of the important precursors of both utilitarian and liberal anarchist thought. ... Robert Owen (May 14, 1771 – November 17, 1858) was a Welsh socialist and social reformer. ... This article is about the French utopian socialist philosopher. ... Karl Rodbertus-Jagetzow (1805-1875), was a German economist and socialist. ... John Frederick Denison Maurice (August 29, 1805 - April 1, 1872) was an English theologian. ... Pierre Joseph Proudhon. ... Louis Jean Joseph Charles Blanc (October 29, 1811 - December 6, 1882), was a French politician and historian. ... Henri de Saint-Simon Claude Henri de Rouvroy, comte de Saint-Simon, often referred to as Henri de Saint-Simon (October 17, 1760 – May 19, 1825), the founder of French socialism, was born in Paris. ... This article contains information that has not been verified and thus might not be reliable. ... Thomas Hodgskin (b. ... Hughes Felicité Robert de Lamennais Hughes Felicité Robert de Lamennais (June 19, 1782 - February 27, 1854), was a French priest, and philosophical and political writer. ... Louis Auguste Blanqui Louis Auguste Blanqui (February 8, 1805 - January 1, 1881) was a French political activist. ... Ferdinand Lassalle Ferdinand Lassalle (born April 11, 1825 in Wrocław, died August 31, 1864), was a German socialist politician. ... William Morris, socialist and innovator in the Arts and Crafts movement William Morris, publisher Davids Charge to Solomon (1882), a stained-glass window by Edward Burne-Jones and William Morris in Trinity Church, Boston, Massachusetts. ... Charles Kingsley A statue of Charles Kingsley at Bideford, Devon (UK) Charles Kingsley (June 12, 1819 – January 23, 1875) was an English novelist, particularly associated with the West Country. ... The Fabian Society is a British socialist intellectual movement, whose purpose is to advance the socialist cause by reformist, rather than revolutionary, means. ... Mikhail Alexandrovich Bakunin (Russian — Михаил Александрович Бакунин, Michel Bakunin — on the grave in Bern), (May 18 (30 N.S.), 1814–June 19 (July 1 N.S.), 1876) was a well-known Russian revolutionary, and often considered one of the “fathers of modern anarchism. // In the spring of 1814, Mikhail Alexandrovich Bakunin was born...

Institutional economics

Institutional economics Institutional economics focuses on understanding the role of human-made institutions in shaping economic behavior. ...

Thorstein Bunde Veblen (born Tosten Bunde Veblen July 30, 1857 – August 3, 1929) was a Norwegian-American sociologist and economist and a founder, along with John R. Commons, of the Institutional economics movement, most famous for his Theory of the Leisure Class (1899). ... John Rogers Commons (1862–1945) was a well-known institutional economist at the University of Wisconsin. ... Wesley Clair Mitchell (August 5, 1874 – October 29, 1948) was an American economist known for his empirical work on business cycles and for guiding the National Bureau of Economic Research in its first decades. ... John Maurice Clark (born 30 November 1884 in Northampton, Massachusetts; died 27 June 1963 in West Haven, Connecticut) was an American economist. ... Robert A. Brady (1901-1964), an American economist and analyst of the dynamics of technological change and the structure of business enterprise. ... Clarence Edwin Ayres was the principal thinker in the Texas school of Institutional Economics, during the middle of the 20th century. ... John Kenneth Galbraith John Kenneth Galbraith (October 15, 1908–April 29, 2006) was an influential Canadian-American economist. ... Douglass Cecil North (born November 5, 1920) is co-recipient of the 1993 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ...

Neoclassical economics

Neoclassical economics Neoclassical economics refers to a general approach (a metatheory) to economics based on supply and demand which depends on individuals (or any economic agent) operating rationally, each seeking to maximize their individual utility or profit by making choices based on available information. ...

[William Stanley Jevons] William Stanley Jevons (September 1, 1835 - August 13, 1882), English economist and logician, was born in Liverpool. ... Edgeworth // Brief biography Francis Ysidro Edgeworth (February 8, 1845 - February 13, 1926) was an Irish polymath who studied at Trinity College, Dublin before obtaining a scholarship to Balliol College, Oxford where he subsequently became a professor. ... Alfred Marshall Alfred Marshall (July 26, 1842–July 13, 1924), born in Bermondsey, London, England, became one of the most influential economists of his time. ... John Bates Clark John Bates Clark (26 January 1847 – 21 March 1938) was an American neo-classical economist. ... Irving Fisher (February 27, 1867 Saugerties, New York — April 29, 1947, New York) was an American economist, health campaigner, and eugenicist. ...

Lausanne School

Lausanne School --Duk 06:58, 18 August 2005 (UTC) Categories: Possible copyright violations ...

Antoine Augustin Cournot Antoine Augustin Cournot (28 August 1801‑ 31 March 1877) was a French philosopher and mathematician. ... Marie-Ésprit-Léon Walras (December 16, 1834 in Évreux, France - January 5, 1910 in Clarens, near Montreux, Switzerland) was a French economist, considered by Joseph Schumpeter as the greatest of all economists. He was a mathematical economist associated with the creation of the general equilibrium theory. ... Please wikify (format) this article as suggested in the Guide to layout and the Manual of Style. ...

Austrian School

Austrian School The Austrian School, also known as “the Vienna School” and as “the Psychological School”, is a school of economic thought that advocates the adherence to strict methodological individualism. ...

Austrian School economist Carl Menger Carl Menger Carl Menger (February 28, 1840 – February 26, 1921) was the founder of the Austrian School of economics. ... Eugen von Böhm-Bawerk Eugen von Böhm-Bawerk (February 12, 1851 – August 27, 1914) made important contributions to the development of Austrian economics. ... Friedrich von Wieser Friedrich von Wieser (July 10, 1851 - July 22, 1926) was an early member of the Austrian School of economics. ... Ludwig Heinrich Edler von Mises (September 29, 1881 – October 10, 1973) was a notable economist and a major influence on the modern libertarian movement. ... Friedrich von Hayek Friedrich August von Hayek (May 8, 1899 in Vienna – March 23, 1992 in Freiburg) was an economist and social scientist of the Austrian School, noted for his defense of liberal democracy and free-market capitalism against a rising tide of socialist and collectivist thought in the mid... Murray Newton Rothbard (March 2, 1926 – January 7, 1995) was a highly influential American economist, historian and natural law theorist belonging to the Austrian School of Economics who helped define modern libertarianism and anarcho-capitalism. ...

Stockholm school

Stockholm school The Stockholm School, or Stockholmsskolan, is a school of economic thought. ...

Knut Wicksell, Swedish economist Johan Gustaf Knut Wicksell, (December 20, 1851 Stockholm -May 3, 1926 Stocksund ) was a Swedish economist. ... Gunnar Myrdal (December 6, 1898 – May 17, 1987) was a Swedish economist and politician. ... Bertil Ohlin (April 23, 1899 – August 3, 1979), was a Swedish economist and winner of the 1977 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. ...

Keynesian economics

Keynesian economics Keynesian economics (pronounced ), also called Keynesianism, or Keynesian Theory, is an economic theory based on the ideas of 20th century British economist John Maynard Keynes. ...

John Maynard Keynes (right) and Harry Dexter White at the Bretton Woods Conference John Maynard Keynes, 1st Baron Keynes, CB (pronounced keyns, IPA ) (5 June 1883 – 21 April 1946) was a British economist whose ideas, called Keynesian economics, had a major impact on modern economic and political theory as well... Joan Violet Robinson (1903 in Surrey - 1983) was a Keynesian economist who was well known for her knowledge of monetary economics and wide-ranging contributions to economic theory. ... Categories: Stub | 1958 births | Economists ...

Chicago school

Chicago school The Chicago School of Economics is a school of thought in economics; it refers to the style of economics practiced at and disseminated from the University of Chicago after 1946. ...

Frank Hyneman Knight (November 7, 1885 - April 15, 1972) was an important economist in the first half of the twentieth century. ... Jacob Viner (May 3, 1892 - September 12, 1970) was a noted economist. ... Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist and public intellectual who made major contributions to the fields of macroeconomics, microeconomics, economic history and statistics while advocating laissez-faire capitalism. ... George Joseph Stigler (1911 - 1991) was a U.S. economist. ... Harry Max Markowitz (born August 24, 1927) is an influential economist at City University of New York and winner of the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 1990. ... Merton Howard Miller (May 16, 1923 - June 3, 2000) won the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 1990, along with Harry Markowitz and William Sharpe. ... Robert Emerson Lucas, Jr. ... Eugene F. Fama. ...

References

Two of the best sources for classifying persons with schools are:


  Results from FactBites:
 
Economics - The New School for Social Research (232 words)
The Department of Economics offers a broad and critical approach to the study of economics, covering a wide range of schools of thought, including Keynesian and post-Keynesian economics; the classical political economy of Smith, Ricardo, and Marx; structuralist and institutionalist approaches to economics; and neoclassical economics.
The courses of study emphasize the historical roots of economic ideas, their application to contemporary economic policy debates, and conflicting explanations and interpretations of economic phenomena, within the context of a rigorous training in the conceptual, mathematical, and statistical modeling techniques that are the common methodological basis of contemporary economic research.
The aim of the Economics department is to put what Robert Heilbroner called "the worldly philosophy"—informed, critical, and passionate investigation of the economic foundations of contemporary society—at the heart of the educational and research enterprise.
Austrian School - Wikipedia, the free encyclopedia (1802 words)
The Austrian School is a school of economic thought which rejects opposing economists' reliance on methods used in natural science for the study of human action, and instead bases its formalism of economics on relationships through logic or introspection called praxeology.
The Austrian School is generally associated with groups that label themselves classical liberals or libertarian in their ideas of social, political and economic organization.
The school originated in Vienna and owes its name to members of the Historical School of economics who during the Methodenstreit, where the Austrians defended the reliance that classical economists placed on logic over observation.
  More results at FactBites »


 

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