Abstract

This comprehensive article offers a historical exploration of economic thought across different epochs, tracing the evolution of key paradigms and theories. Starting with the classical foundations of laissez-faire capitalism and the invisible hand, the article progresses through the Keynesian revolution and the emergence of macroeconomic policies. It examines the integration of neoclassical and Keynesian ideas, the rise of behavioral economics challenging traditional assumptions, and the modern challenges posed by globalization and sustainability. By weaving together insights from various economic eras, this article provides a holistic understanding of economic thought's transformative journey.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.