Economic Ideology
Economics, Normative economics, Economy, Economic model, Anarchism
978-620-1-49300-1
620149300X
160
2012-08-19
49.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. An economic ideology distinguishes itself from economic theory in being normative rather than just explanatory in its approach. It expresses a perspective on the way an economy should be run and to what end, whereas the aim of economic theories is to create accurate explanatory models. However the two are closely interrelated.A good way of discerning whether an ideology can be classified an economic ideology is to query if it inherently takes a specific and detailed economic standpoint. For instance, Anarchism cannot be said to be an economic ideology as such, because it has amongst others Anarcho-capitalism on the one hand and Anarcho-communism on the other as subcategories thereof, which in turn can.
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