Classical economics is a broad term that refers to the dominant school of thought for economics in the 18th and 19th centuries. Most consider Scottish economist Adam Smith the progenitor of ...

There are a lot of Classical-flavored economists in the U.S., and they all have their quirks. However, they can all agree on a few things. First: that a Classical stable-value monetary policy is ...

The theory of classical economics is that free markets will regulate themselves if they are left alone. Markets will find their own level of equilibrium without interference by people or the ...