What is another word for Ricardian economics?
Pronunciation: [ɹɪkˈɑːdi͡ən ˌiːkənˈɒmɪks] (IPA) 
Ricardian economics, also known as the classical theory of economics, is based on the principles of comparative advantage and the idea that economic growth and stability can be achieved through free market mechanisms. Synonyms for this term include classical economics, the Ricardian system, and the theory of comparative advantage. Other related terms include neoclassical economics, which is a modernized version of classical theory, and the Austrian school of economics, which emphasizes the importance of individual economic agents and market processes. While each of these concepts has its own nuances and variations, they all represent a fundamental approach to understanding and managing economic systems that has shaped modern economic thought and policy.
