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ledger notes / market myths / policy mutiny

economic.wiki

A fluorescent marginalia tour through economic history.

scroll the spine

3000barter sparks

Ancient Trade

0 BCE – 500 CE

Barter, temple ledgers, early coinage, and caravan routes turn local surplus into connected markets.

0+ trade corridors mapped
500guild noise

Medieval Markets

0 – 1400 CE

Feudal rents, guild privileges, merchant fairs, and banking houses concentrate economic power in fortified towns.

0 years of fairs and charters
1500bullion fever

Mercantilism

0 – 1776

States chase gold, monopolies, tariffs, and empire; colonial extraction redraws the world market in red ink.

0 years to Smith's rupture
1776invisible hand

Classical Economics

0 – 1870

Smith, Ricardo, and Mill turn markets, labor, value, and growth into a grand theory of industrial capitalism.

0 years of classical canon
1870marginal riot

Neoclassical Turn

0 – 1930s

Utility, marginal costs, equilibrium diagrams, and supply-demand curves give economics its mathematical swagger.

0 marginalist revolutions
1936demand shock

Keynesianism

0 – 1970s

Keynes smashes laissez-faire certainty: aggregate demand, public spending, and employment become political instruments.

0% Depression joblessness peak
1960money chants

Monetarism

0s – 1980s

Friedman revives quantity theory as stagflation turns price stability into the policy obsession.

0% US inflation in 1980
1980global unwind

Neoliberalism

0s – 2008

Deregulation, privatization, financialization, and supply chains make markets feel borderless—until they break.

0 years to crisis
2008orthodoxy cracks

Post-Crisis Era

0 – Present

QE, secular stagnation, MMT, inequality, climate risk, and heterodox voices return to the main seminar room.

0 new policy frontiers

Core Economic Concepts

Supply & Demand

Equilibrium redrawn as Memphis squiggle warfare between scarcity and desire.

Utility & Value

Preference, satisfaction, and marginal choices without the grey textbook dust.

Inflation & Deflation

Price-level motion as ticker tape with teeth and policy consequences.

Market Power

Competition, monopoly, regulation, and who gets to write the rules.

economic.wiki

Economics is not neutral wallpaper.

It is a living vine of arguments, ledgers, crises, and rebellious diagrams.