Questions tagged [schools-of-thought]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
6 votes
2 answers
651 views

What are the primary differences between the Chicago and Austrian school of economics?

I've been reading some thinkers like Mengel, Mises, and others, who are all Austrian School theorists. But I have also been reading Milton Friedman and Thomas Sowell works, who are proponents of the ...
user avatar
  • 163
4 votes
1 answer
233 views

Learning post-keynesian and marxist economics

My question here is not about theory, but more about the teaching landscape. I'm currently learning economics in Canada, and I realize that the academic world is very homogeneous. I'm quite impressed ...
user avatar
2 votes
1 answer
42 views

Godley-Lavoie private bank model

Good evening everyone ! I'm currently reading Godley and Lavoie Monetary economics. It's really an awesome book, and I'm at the 7th chapter where they introduce private bank money. The model is very ...
user avatar
2 votes
0 answers
41 views

Is there a complete picture of Inflation?

Is there a book, or a broad study, that explains inflation thoroughly? I've read so many articles, and there are multiple school of thoughts that approach inflation from different point of views. ...
user avatar
-6 votes
2 answers
237 views

What is feminist economics?

Feminist economics? What kind of "field" is that? Just the existence of such a field seems ridiculous to me...
user avatar
5 votes
1 answer
248 views

What are the defining features of Capitalism? [closed]

What are the necessary and sufficient conditions for an economic system (or mode of production) to be classified as "Capitalism"? Is it markets? Is it for-profit corporations? Is it limited liability ...
user avatar
  • 8,437
10 votes
6 answers
6k views

Which are the different Schools of Economic Thought?

It would be great to have a brief but comprehensive list of current (e.g. Austrian) and defunct (e.g Mercantilism) schools of thought in Economics. I think an ideal answer would include: the defining ...
user avatar
  • 8,437
5 votes
2 answers
379 views

Stock-Flow Consistent models

Stock-Flow Consistent (SFC) models are becoming more popular among heterodox economists (particularly in the Post-Keynesian school of thought). But I fail to see the relevance of this approach. The ...
user avatar
  • 8,437
6 votes
3 answers
189 views

When to use the market and when to use central planning?

I have a basic question: my understanding is that in a market economy, economic decisions are governed by prices, i.e prices signal what should be produced & how much. This is opposed to central ...
user avatar
  • 161
6 votes
3 answers
1k views

Overview book about economic theories

I'm looking for a good book that gives an (introductory) overview about the existing economic theories and the different schools of thought (optimally with focus to those that affect governments and ...
user avatar
  • 69