Economic Theories
Economic Theories is a structured economy dataset with 25 entries. Its fields include Theory, Key Economist, Year Proposed. Community voting appears as a separate signal beside eligible rows and does not replace the source values.
Every row is shown below and is also available as CSV, JSON, or Excel.
Dataset details
- Table scope
- All 25 rows
- Fields
- 5 columns
- Source
- LLM Generated
- Data updated
- Not provided
Included fields: Theory, Key Economist, Year Proposed, Core Idea, School of Thought.
The table contains every record in this dataset; the same records are available in each download format.
Preview observations
- Year Proposed span
- 1776 to 2020
- Across 25 preview rows
Useful for
- Comparing Theory, Key Economist, and Year Proposed across economy entries
- Building reference tables, charts, or analyses from 25 downloadable records
Theory↕ | Key Economist↕ | Year Proposed↕ | Core Idea↕ | School of Thought↕ |
|---|---|---|---|---|
Classical Economics | Adam Smith | 1776 | Free markets self-regulate through the invisible hand | Classical |
Comparative Advantage | David Ricardo | 1817 | Countries benefit by specializing in goods they produce most efficiently | Classical |
Marxian Economics | Karl Marx | 1867 | Capitalism exploits labor; surplus value accrues to capital owners | Marxist |
Marginal Utility Theory | Carl Menger | 1871 | Value is determined by the additional satisfaction from one more unit | Austrian |
General Equilibrium | Leon Walras | 1874 | All markets simultaneously reach equilibrium through price adjustment | Neoclassical |
Keynesian Economics | John Maynard Keynes | 1936 | Government spending can stabilize economies during recessions | Keynesian |
Creative Destruction | Joseph Schumpeter | 1942 | Innovation constantly destroys old industries to create new ones | Evolutionary |
Game Theory | John von Neumann | 1944 | Strategic interactions where outcomes depend on all participants' choices | Mathematical |
Monetarism | Milton Friedman | 1963 | Controlling money supply is the best way to manage the economy | Chicago School |
Human Capital Theory | Gary Becker | 1964 | Education and training are investments that increase productive capacity | Chicago School |
Efficient Market Hypothesis | Eugene Fama | 1970 | Asset prices fully reflect all available information | Chicago School |
Rational Expectations | Robert Lucas | 1972 | People form expectations using all available information rationally | New Classical |
Public Choice Theory | James Buchanan | 1962 | Politicians and bureaucrats act in self-interest, not public interest | Virginia School |
Supply-Side Economics | Arthur Laffer | 1974 | Lowering taxes increases economic growth and can raise total revenue | Supply-Side |
New Trade Theory | Paul Krugman | 1979 | Economies of scale and network effects shape international trade patterns | New Keynesian |
Real Business Cycle Theory | Finn Kydland | 1982 | Economic fluctuations are driven by real shocks, not monetary factors | New Classical |
Endogenous Growth Theory | Paul Romer | 1986 | Innovation and knowledge are key internal drivers of economic growth | New Growth |
Institutional Economics | Douglass North | 1990 | Institutions (rules, norms, enforcement) are the primary drivers of economic performance | Institutional |
Behavioral Economics | Daniel Kahneman | 1979 | Psychological biases cause people to deviate from rational economic decisions | Behavioral |
Nudge Theory | Richard Thaler | 2008 | Small design changes in choice architecture can guide better decisions | Behavioral |
Modern Monetary Theory | Stephanie Kelton | 2020 | Sovereign currency issuers cannot run out of money; inflation is the real constraint | Post-Keynesian |
Austrian Business Cycle | Ludwig von Mises | 1912 | Artificial credit expansion causes unsustainable booms followed by busts | Austrian |
Tragedy of the Commons | Garrett Hardin | 1968 | Shared resources are depleted when individuals act in self-interest | Ecological Economics |
Moral Hazard | Kenneth Arrow | 1963 | People take more risks when insulated from consequences | Information Economics |
Impossible Trinity | Robert Mundell | 1963 | A country cannot have free capital flow, fixed exchange rate, and independent monetary policy simultaneously | International |
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Frequently asked questions
How is Economic Theories organized?
The table starts in the source data's order. Community voting is enabled as a separate approval signal beside eligible rows; votes do not replace the source values.
How much data is available on this page?
This dataset contains 25 entries, and every row is available in the table and in the downloadable files.
Can I download the complete dataset?
Yes. CSV, JSON, and Excel downloads contain all 25 rows. Before republishing the data, review the source and any usage terms listed on this page; dtbse does not replace the original source's licensing terms.
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