Economic History

Learn about historical events that shifted economic ideas.

Father of classical economics

The Classical Economics school

Classical economics is the economic school of thinking that emerged in the late 18th and early 19th centuries. Who is the father of classical economics? The Classical school of economics originated in 1776 with the publication of Adam Smith’s (1723-1790) “The Wealth of Nations.” Contemporaries including David Ricardo (1772-1823), Jean Baptise Say (1767-1832), and Robert …

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