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Questions tagged [schools-of-thought]

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Are there any modern economic schools that teach protectionist policies on trade?

I believe (although I am unable to find it as of a quick google search) that Thomas Sowell said no economist advocates for protectionist policies on trade (import taxes). However, protectionism is ...
Luke Hill's user avatar
  • 175
-3 votes
1 answer
61 views

What are the names of the school(s) of economy that believe that printing enough money to be 100% sure price inflation always happen, is a bad thing?

What are the names of the school(s) of economy that believe that printing enough money (and spending) to be 100% sure price inflation always happen, is a bad thing? Those schools must also be against ...
user42687's user avatar
7 votes
2 answers
3k 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 ...
Luke Hill's user avatar
  • 175
5 votes
1 answer
323 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 ...
Alexandre Michaud's user avatar
2 votes
1 answer
54 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 ...
Alexandre Michaud's user avatar
2 votes
0 answers
43 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. ...
curiousTrader's user avatar
-7 votes
2 answers
273 views

What is feminist economics?

Feminist economics? What kind of "field" is that? Just the existence of such a field seems ridiculous to me...
denis631's user avatar
5 votes
1 answer
316 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 ...
luchonacho's user avatar
  • 8,591
10 votes
6 answers
7k 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 ...
luchonacho's user avatar
  • 8,591
5 votes
2 answers
464 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 ...
luchonacho's user avatar
  • 8,591
6 votes
3 answers
215 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 ...
appa's 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 ...
bkaplan's user avatar
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