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Classical liberalism and Say's law

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Classical liberalism and Say's law

Classical liberalism vs. Say's law

Classical liberalism is a political ideology and a branch of liberalism which advocates civil liberties under the rule of law with an emphasis on economic freedom. In classical economics, Say's law, or the law of markets, states that aggregate production necessarily creates an equal quantity of aggregate demand.

Similarities between Classical liberalism and Say's law

Classical liberalism and Say's law have 10 things in common (in Unionpedia): Classical economics, David Ricardo, Free market, Great Depression, James Mill, Jean-Baptiste Say, John Maynard Keynes, John Stuart Mill, Laissez-faire, Thomas Robert Malthus.

Classical economics

Classical economics or classical political economy (also known as liberal economics) is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century.

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David Ricardo

David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James Mill.

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Free market

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

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Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

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James Mill

James Mill (born James Milne, 6 April 1773 – 23 June 1836) was a Scottish historian, economist, political theorist, and philosopher.

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Jean-Baptiste Say

Jean-Baptiste Say (5 January 1767 – 15 November 1832) was a French economist and businessman who had classically liberal views and argued in favor of competition, free trade and lifting restraints on business.

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John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

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John Stuart Mill

John Stuart Mill, also known as J.S. Mill, (20 May 1806 – 8 May 1873) was a British philosopher, political economist, and civil servant.

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Laissez-faire

Laissez-faire (from) is an economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs and subsidies.

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Thomas Robert Malthus

Thomas Robert Malthus (13 February 1766 – 23 December 1834) was an English cleric and scholar, influential in the fields of political economy and demography.

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The list above answers the following questions

Classical liberalism and Say's law Comparison

Classical liberalism has 182 relations, while Say's law has 58. As they have in common 10, the Jaccard index is 4.17% = 10 / (182 + 58).

References

This article shows the relationship between Classical liberalism and Say's law. To access each article from which the information was extracted, please visit:

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