#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

2743.789 - 2766.864 Jennifer Burns

Yet in general, American economists all use marginal analysis just in different ways. The ones who are more drawn to marginal analysis become known as neoclassical economists. They're neoclassical. The neo is because they're using marginal analysis. The classical is because they don't think we need to change the way the economy operates or the government operates. They're not progressive.