What is Economic Ideology

An economic ideology is a collection of beliefs that serve as the foundation for an ideology concerned with the way the economy ought to function. It differs from economic theory in that it takes a normative approach rather than merely an explanatory one. This is in contrast to the objective of economic theories, which is to develop accurate explanatory models that represent the functioning of an economy at the present time. On the other hand, the two are intricately connected, as the economic ideology that lies beneath the surface has an effect on the methodology and theory that is utilized in analysis. The fact that the 74 economists who have won the Nobel Prize in economics come from a variety of ideological and methodological backgrounds is evidence of this interrelationship.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Economic ideology

Chapter 2: Anarcho-capitalism

Chapter 3: Capitalism

Chapter 4: Distributism

Chapter 5: Socialism

Chapter 6: Anti-capitalism

Chapter 7: Market economy

Chapter 8: Mixed economy

Chapter 9: Private property

Chapter 10: Islamic economics

Chapter 11: Economic system

Chapter 12: Anarchist economics

Chapter 13: Anarchism and capitalism

Chapter 14: Social democracy

Chapter 15: Democratic socialism

Chapter 16: State socialism

Chapter 17: Types of socialism

Chapter 18: Social ownership

Chapter 19: Market socialism

Chapter 20: Socialist economics

Chapter 21: Free market

(II) Answering the public top questions about economic ideology.

(III) Real world examples for the usage of economic ideology in many fields.

(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of economic ideology. (eBook only).

Who will benefit

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of economic ideology.