#classicalUnmoderated tagAll postsTrending CommunitiesWorldmappinHIVE CN 中文社区SplinterlandsLeoFinanceOlio di BalenaActifitLifestylePhotography LoversSpendHBDHive LearnersBlack And WhiteHive GamingExplore Communities...#classicalTrendingHotNewPayoutsMutedlevidesmond69 (55)in Economics • 2 days agoTHE GREAT DEPRESSION AND KEYNESIANISM The classical economics emphasis on the free market system as the best suit for the Economy and view the economy as self adjusting meaning in any situation the market always has…levidesmond69 (55)in Economics • 2 days agoCOMPARATIVE ADVANTAGE THEORY The mercantilist believes in trade restrictive policies which are based on maximizing export and minimizing imports But David Ricardo theory of comparative advantage has the…pavelsku (74)in Photography Lovers • 6 days agoVienna ClassicalIn the previous article, I tried to offer a view of Vienna through modern architecture. In this article, I go to the opposite extreme and indulge in a perspective from the most…levidesmond69 (55)in Economics • 4 days agoADAM SMITH VS KARL MARX VIEW ON PROFIT Adam Smith often referred to the father of capitalism believes that labour = value which means the amount of work you put in something gives it its value for instance you are…levidesmond69 (55)in Economics • 4 days agoSHOULD WE REALLY TRUST THE INVINCIBLE HAND classical economics is an economy that runs best when left alone The core idea behind the classical economics born in the 18th century by Adam Smith when he published his book…