Talk:Schools of economic thought
|WikiProject Economics||(Rated Start-class, High-importance)|
Social Credit, Please Help
Hello, I recently came across this page on "Social Credit Theory"
My knowledge of economics is sufficient to know that social credit is a fringe theory, but I need the help of the economic community to weigh in on the discussion.
I have no objection to having the historical theory being presented in the appropriate context, of course, but the authors are attempting to avoid adequate acknolwegement of its obsolete and non-mainstream status. Thank you. —Preceding unsigned comment added by Mathgeek321 (talk • contribs) 19:58, 3 April 2009 (UTC)
the Name Walter Eucken is missing
- Founder of ordoliberalism - Feiburger School - In intensive Contact with Hayek
Knut Wicksell does not belong to Stockholmskolan; he is a neoclassical, connected with the austrian school.
This article has a clearer layout and a simpler title, so I recommend merging into this one. It's a list here at the moment, so unless anyone has reservations, I'm going to put it all in here soon. Wikidea 01:00, 14 September 2007 (UTC)
Changing the title?
How about changing the title to "Economic schools of thought"? Seems like it reads better and makes clear that these are schools of thought rather than literal schools. II | (t - c) 08:28, 2 July 2008 (UTC)
It certainly seems better than the current title of the article but it'd be better if 'schools / schools of thought' may be substituted with 'approaches' or 'philosopies' in economics. (Sohail Gogal 08:25, 21 July 2008 (UTC))
- I agree with "Economic schools of thought". That's very standard terminology. It's also consistent with one of the categorizations of Category:Economists. --Rinconsoleao (talk) 09:34, 21 July 2008 (UTC)
- I think "schools of thought" is certainly preferable over approaches, because it is what economists say. But I also like "Schools of thought (economics)", actually...
A couple of more feedbacks and we should change the topic to 'Economic schools of thought' or 'schools of thought (economics)', either way it suits more thatn the current topic. (Sohail Gogal) —Preceding unsigned comment added by Gogal (talk • contribs) 04:44, 22 July 2008 (UTC)
In economic circles, I have generally heard it referred to as "Schools of Economic Thought". "Economic Thought" is a single term that is used to differentiate the meta science from economics itself which is often necessary given the diversity of approaches to the science. The "standard terminology" is already being used. I would agree that it is different from the way schools of philosophy are named, but economics is more developed than simply another class of philosophy. Google n-grams appears to agree: Google N-grams.
While I think a change would be inappropriate and make the page more difficult to find, if a change is desired to put it closer to the naming convention of pages on philosophy, I would suggest "Philosophical Schools (Economic Thought)", but to me that suggests that there is a "Philosophical Schools (disambiguation)" page. In such a case, [of schools of philosophy] should be changed as well, but I do not see the point. Related, other sciences and such do not use the term "schools" at all, but "fields" or "branches", such as psychology and mathematics, which are also philosophy. Economics merely has a similar name convention, but strictly speaking it would be inappropriate to mix them up.--22.214.171.124 (talk) 18:08, 21 November 2011 (UTC)
One Missing Schools of Thought in Economics--Georgist
In 1879 Henry George wrote and published his seminal book "Progress and Poverty". It sold more than 3 million copies and is still in print. In his book, George proposed the introduction of a "Single Tax" on land values (to replace other kinds of taxation). He wrote on many related subjects including Free-Trade. Gerogism is known as a school of economic philosophy and of thought and is international. It is a kind of natural economics, where the influence of the various biases away from equality of opportunity are to be eliminated, particularly the speculation in land values, with its corrupting effects. This includes and would result in the elimination of poverty.
This school really deserves seperate mention. It is lumped here under the general name of Hetrodox Economics and is called "Georgism"
In modern texts on economics this idea has been largely forgotten but Land Value Taxation is well supported in a few places as being the most ideal kind of tax. (Mankiw's various texts, in particular, also Milton Freedman). The Schlenkenbach Foundation also supports this work and author and is currently active in promoting George's claims. The associated school of thought surely deserves mention here. It has international status with branches in many parts of the world. For more data see http://www.progress.org and also look through the many Georgist links that are on that site.Macrocompassion (talk) 11:28, 21 August 2011 (UTC)
Missing Austrian Economist: Walter Block
His [page] already identifies him as an Austrian Economists. He was recently the recipient of the Gary G. Schlarbaum Prize for Lifetime Achievement in Liberty (Source). While there are many others currently working in the field that have made significant contributions, I think Walter Block stands apart for having already given a lifetime of contribution. --126.96.36.199 (talk) 18:36, 21 November 2011 (UTC)