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Top: Science: Social_Sciences: Economics: Schools_of_Thought
| If the article relates primarily to a certain economist please submit it to Economics : People. If the school is not defined here, please submit it in the main section. |
Much economic debate has not so much centered around individual economists, but around competing schools of thought. A school of thought is a group of economists who accept broadly the same methods and assumptions.
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Please try to list first by author. |
The Austrian School is a school of economic thought which rejects mainstream economists' reliance on methods used in natural science for the study of human action and relationships through logic (or praxeology). Named the Austrian school because it started and was for many years centered in Hapsburg Vienna.
The Chicago School is the general name given to the mainly American renaissance of free market neoclassical arguments centered around Chicago University.
| Be careful that this is to do with Keynesianism and not a particular Keyenesian economist (which go into Economics : People) - particularly if it is about Keynes himself. |
The Keynesian and Post-Keynesian schools are a revolt against the classical insistence on the price mechanism, claiming that prices do not always respond in the desired ways and so policy tools such as increasing aggregate demand and the judicious use of inflation may help the pricing process.
This category is for the school of thought that attempts to analyse economics in the light of the works of Karl Marx.
Public choice school, founded by James M. Buchanan and Gordon Tullock, studies the decision-making behavior of voters, politicians,lobbyists and government officers from the perspective of economic theory.
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