Classical political economy

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Classical political economy is a school of thought in economics which was founded by William Petty in the second half of the 17th century and reached it's full bloom with Adam Smith and David Ricardo.[1] The term was originally coined by Karl Marx.[2]

  1. Kurz, Heinz D. Economic Thought : A Brief History. Columbia University Press.
  2. Marx, Karl. Capital. Vol. I. at the Marxists Internet Archive.