Work

Classical Political-economic Theories: Economic Liberalism and Its Essence

Year: 2024

Type: conference-paper

Abstract: The development of classical political economy has played a significant role in shaping modern economic thought. Among the most influential theories is economic liberalism, which advocates for minimal government interference in markets and emphasizes individual freedoms. This paper explores the concept of economic liberalism, its historical development, key proponents, and its relevance in today's economic landscape. By examining classical economists such as Adam Smith, David Ricardo, and John Stuart Mill, this article aims to understand the core principles of economic liberalism and its implications for both economic theory and policy.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14507209

Author: Manazarova, Gulnoz Sabirovna

Institution: Jizzakh branch of the National University of Uzbekistan named after Mirzo Ulugbek

Language: English

Topic: Historical Economic and Legal Thought

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W6893154679

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