Neoclassical Schools (1871-today)/Definition

From Citizendium, the Citizens' Compendium
Jump to: navigation, search
This article is developed but not approved.
Main Article
Talk
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
A definition or brief description of Neoclassical Schools (1871-today).

School of economic theory that flourished from about 1890 until the advent of Keynesian Economics, which asserted that market forces always would lead to efficient allocation of resources and full employment.