What does Classical Economics mean?
A school of thought that emphasizes free markets and the self-regulating nature of the economy without government intervention.
Classical Economics, pioneered by Adam Smith, emphasizes free markets and the self-regulating nature of the economy.
Classical Economics in German, French, Spanish and Italian
GermanKlassische Ökonomie
also Klassische Nationalökonomie
Traditionelle Wirtschaftslehre, die auf Selbstregulierung durch den Markt setzt.
FrenchÉconomie classique
École de pensée prônant le libre-marché et l'absence d'intervention étatique.
SpanishEconomía clásica
Pensamiento económico que destaca la libertad de mercado y la autorregulación.
ItalianEconomia classica
Pensiero economico che esalta il libero mercato e la stabilità spontanea.
Synonyms and opposites for Classical Economics
- Synonym Liberal economics
- Opposite Keynesian economics