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| Austrian School The Austrian School, also known as the “Vienna School” or the “Psychological School”, is a heterodoxDavid C. Colander, Complexity and History of Economic Thought, p. Austrian_School
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| Adam Smith Kirkcaldy, Fife, Scotland Adam_Smith
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| Adam Smith Talk:Adam_Smith
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| Capitalism Capitalism is the economic system in which the means of production are owned by private persons, and operated for profit and where investments, distribution, income, production and pricing of goods and services are predominantly determined through the operation of a free market, rather than by central economic planning. Capitalism is usually considered to involve the right of individuals and corporations to trade, incorporate, employ workers, and use money provided by central banks, in goods, services (including finance), labor and land. Capitalism
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| Carl Menger | death = Carl_Menger
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| Corporatism Historically, corporatism () refers to a political or economic system in which power is held by civic assemblies that represent economic, industrial, agrarian, social, cultural, and/or professional groups. These civic assemblies are known as corporations (not the same as the legally incorporated business entities known as corporations, though some are such). Corporatism
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| David Hume (Edinburgh, Scotland) David_Hume
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| David Ricardo | birth_place = London David_Ricardo
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| Discounted cash flow In finance, the discounted cash flow (or DCF) approach describes a method of valuing a project, company, or asset using the concepts of the time value of money. All future cash flows are estimated and discounted to give them a present value. Discounted_cash_flow
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| Derry |postcode_area= BT Derry
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| Economics Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics
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| Edmund Burke (Beaconsfield, England) Edmund_Burke
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| Factors of production In economic theory, factors of production (or productive inputs) are the resources employed to produce goods and services. Here the rate of output is modeled as a function of the rate of use of each input employed. Factors_of_production
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| Frédéric Bastiat Claude Frédéric Bastiat (June 30, 1801 December 24, 1850) was a French classical liberal theorist, political economist, and member of the French assembly. He is buried at San Luigi dei Francesi in Rome. Frédéric_Bastiat
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| Friedrich Hayek Vienna, Austria-Hungary Friedrich_Hayek
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| Free market A free market is a market in which property rights are voluntarily exchanged at a price arranged completely by the mutual consent of sellers and buyers. By definition, in a free market environment buyers and sellers do not coerce each other, in the sense that they obtain each other's property without the use of physical force, threat of physical force, or fraud, nor is the transfer coerced by a third party. Free_market
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| Gustave de Molinari Gustave de Molinari (March 3, 1819 - January 28, 1912) was an economist born in the United Kingdom of the Netherlands associated with French laissez-faire liberal economists such as Frédéric Bastiat and Hippolyte Castille. Gustave_de_Molinari
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| George Bernard Shaw | birthplace = Dublin, Ireland George_Bernard_Shaw
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| History of Germany Despite the lack of a German nation state prior to 1871, the History of Germany dates back to the era of the Germanic tribes. Following the migration period, the Franks subsequently subdued the West Germanic tribes, who made up for most of East Francia after the Frankish Empire fell apart. History_of_Germany
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| Industrial Revolution The Industrial Revolution was a period in the late 18th and early 19th centuries when major changes in agriculture, manufacturing, and transportation had a profound effect on the socioeconomic and cultural conditions in Britain. The changes subsequently spread throughout Europe, North America, and eventually the world. Industrial_Revolution
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