Learn › Economic ideas

Economic ideas

Schools of thought

The big schools of economic thought: what each one believes, where it shaped policy, and its critics.

Start: Classical economics

1Classical economicsLearn what classical economics taught, where it shaped policy and why its critics disagreedSchool of thought · 9 min 2KeynesianismLearn what Keynesian economics is, where it shaped policy and why its critics disagreeSchool of thought · 8 min 3MonetarismLearn what monetarism holds, where it shaped policy around 1980 and why its critics disagreeSchool of thought · 9 min 4MarxismLearn what Marxism holds, where it shaped policy and why its critics disagreeSchool of thought · 9 min 5NeoliberalismLearn what people mean by neoliberalism, where its ideas came from, and what critics and defenders saySchool of thought · 9 min 6The Austrian schoolLearn what the Austrian school holds, where it shaped thinking and why critics disagreeSchool of thought · 9 min