Concept information
Preferred term
neoclassical thought
Definition
- Neoclassical economics, named by Thorstein Veblen, is the mainstream school of thought within economics literature. Most academic research and teaching at universities throughout the world follow this dominant tradition. [Source: The SAGE Encyclopedia of World Poverty; Neoclassical Thought]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/neoclassical_thought
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