Economic Theories

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August 31, 2024 5 min read Definitions
Chicago School: The Ideology of Free Markets and Monetary Influence
Economics Economic Theories Chicago School Free Markets Monetary Policy Inflation Government Regulation
An exploration of the Chicago School of Economics, its principles, historical context, key figures, and its enduring impact on economic thought and policy.
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August 25, 2024 3 min read Definitions
Neoclassical Economics: School of Economic Theory
Economics Economic Theories Neoclassical Economics Economic Theory Market Efficiency Resource Allocation Full Employment
Neoclassical Economics is a school of economic theory that flourished from about 1890 until the advent of Keynesian Economics. It asserted that market forces always would lead to efficient allocation of resources and full employment.
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