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Classical economics, also known as the classical school of economics, [1] or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includes both the Smithian and Ricardian schools. [2]
The word Christ (and similar spellings) appears in English and in most European languages. English speakers now often use "Christ" as if it were a name, one part of the name "Jesus Christ", though it was originally a title ("the Messiah"). Its usage in "Christ Jesus" emphasizes its nature as a title. [8] [15] Compare the usage "the Christ". [16]
The French Liberal School (also called the "Optimist School" or "Orthodox School") is a 19th-century school of economic thought that was centered on the Collège de France and the Institut de France. The Journal des Économistes was instrumental in promulgating the ideas of the School.
The Austrian School of economics began with Carl Menger's 1871 Principles of Economics. Menger's followers formed a distinct group of economists until around World War II , when the distinction between Austrian economics and other schools of thought had largely broken down.
Scholasticism, which means "that [which] belongs to the school", and was a method of learning taught by the academics (or school people) of medieval universities c. 1100–1500. [102] Scholasticism originally started to reconcile the philosophy of the ancient classical philosophers with medieval Christian theology.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Jesus [d] (c. 6 to 4 BC – AD 30 or 33), also referred to as Jesus Christ, [e] Jesus of Nazareth, and many other names and titles, was a first-century Jewish preacher and religious leader. [10] He is the central figure of Christianity , the world's largest religion .
Statistics, in the modern sense of the word, began evolving in the 18th century in response to the novel needs of industrializing sovereign states. In early times, the meaning was restricted to information about states, particularly demographics such as population. This was later extended to include all collections of information of all types ...