مروری بر اقتصاد کلاسیک و مکتب های آن

Mirjalili, Seyed hossein (2008): مروری بر اقتصاد کلاسیک و مکتب های آن. Published in: FARHANG; Economic Special Issue , Vol. 22, No. 66 (19 September 2008): pp. 221-299.

Abstract

The mainstream of economic thought during the period from 1776 to 1871 is referred to as Classical Political Economy. In this period, a group of mostly British economists based their economic policy analyses on principles such as freedom of enterprise and trade, private property, minimal government intervention, competition, and utilitarianism. Within the framework of Classical Political Economy, several intellectual schools emerged in response to key issues discussed by classical economists: • The Manchester School, advocating for free trade; • The French Liberal School, emphasizing economic freedom; • The English Utilitarian School, focused on consequentialist moral philosophy aiming to create the greatest happiness for the greatest number; • The Currency School, asserting a causal link from money growth to price levels and supporting a 100% gold backing for banknotes; • The Banking School, proposing the reverse causality from prices to money, suggesting that the demand for banknotes follows real bills, trade needs, and the law of reflux; • The Free Banking School, supporting free trade principles in the issuance of convertible paper money to coin. These six schools emerged during the roughly 100-year dominance of classical economics, and each offered policy recommendations on the issues they addressed.

• Item Type: MPRA Paper
• English Title: A Review of Classical Economics and Its Schools
• Language: Persian
• Keywords: Classical Economics, Manchester School, French Liberal School, Utilitarian School, Currency School, Banking School, Free Banking School.
• Subjects: A - General Economics and Teaching > A1 - General Economics > A11 - Role of Economics ; Role of Economists ; Market for Economists; B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B12 - Classical (includes Adam Smith)

References

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-Humphrey, Thomas,(1994),"Currency School", in Mc Graw-Hill Encyclopedia of Economics.

-Humphrey, Thomas,(1994),"Banking School", in Mc Graw-Hill Encyclopedia of Economics.

-Mill, John Stuart,(1863),"Utilitarianism", in:www.utilitarianism.com/mill.htm