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Nine Schools of Economic Thought

Nine Schools of Economics

Here is an interesting table comparing 9 schools of economic thought. You can certainly quibble with some of the content, but it makes for a good “cheat sheet” for a history of economic thought class or a lecture on schools of economics. Interestingly, the Austrian school is the “middle of the road” of the table. The “Developmentalist” school appears to be the post-WWII name for Mercantilism. This would also justify its placement before the Austrian school if the table is supposed to be read in historical time from left to right.

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Nine Schools of Economics
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