classical-economics

classical economics

noun
a system or school of economic thought developed by Adam Smith, Jeremy Bentham, Thomas Malthus, and David Ricardo, advocating minimum governmental intervention, free enterprise, and free trade, considering labor the source of wealth and dealing with problems concerning overpopulation.

classical economist, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To classical-economics
Explore Dictionary.com
Previous Definition: classical-conditioning
Next Definition: classical-economist
More from Thesaurus.com
Synonyms and Antonyms for classical-economics
More from Reference.com
Search for articles containing classical-economics
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature