Talk:Economics

Latest comment: 28 days ago by ~2026-29858-30 in topic Nepali History
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Article milestones
DateProcessResult
January 19, 2004Refreshing brilliant proseKept
April 21, 2006Featured article reviewDemoted
September 21, 2007Good article nomineeNot listed
Current status: Former featured article

Lead description is incomplete

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The lead is essentially focused on the real economy but makes no mention of financial economics (except to mention finance as one of many fields where economic analysis is used). I think the bigger issue is that the lead should be more generalized to explain what it is economics is all about, whether financial, labor or international economics -it's the study of how resources (eg capital, credit, land, human labor, etc.) may be efficiently allocated under constraints (ie scarcity). This generalized definition applies to all areas of economics and can lead into a discussion of two more generalized concepts: decision making (how individuals, businesses or governments decide to use scarce resources) and markets (what role markets play in allocating resources). Jonathan f1 (talk) 05:45, 29 January 2025 (UTC)Reply

"Real economy" is the right focus to have; finance is essentially an abstraction.
I think the first line, “Economics is a social science that studies the production, distribution, and consumption of goods and services," describes "the study of how resources (eg capital, credit, land, human labor, etc.) may be efficiently allocated under constraints (ie scarcity)" fairly well. "Under constraints" is unnecessary in the sense that all things are done and studied under constraints. Its good to discuss further but unnecessary for a lead.
"Decision making" is covered under the links to behavioral econ and such, likewise markets is also linked. Phoenix2448 (talk) 14:06, 26 February 2026 (UTC)Reply

"Scientific capitalism" listed at Redirects for discussion

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The redirect Scientific capitalism has been listed at redirects for discussion to determine whether its use and function meets the redirect guidelines. Readers of this page are welcome to comment on this redirect at [[Wikipedia:Redirects for discussion/Log/2026 January 4#Remaining redirects created by User:Anti gozo|Wikipedia:Redirects for discussion/Log/2026 January 4 § Remaining redirects created by User:Anti gozo]] until a consensus is reached. I2Overcome talk 02:30, 4 January 2026 (UTC)Reply

Asian history

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I don't have my sources with me to add it right now, but the History of economic thought section is completely lacking any Asian (or really any non-Western) thought. From my own limited research I know China was recording economic thought before Christ, and I've read of Islamic economic contributions made around 1000 AD. I know a Western bias is typical but feel there are relevant additions to make here, especially for a field so dominated by the mainstream. I'm happy to take a crack at it once I have my materials. Phoenix2448 (talk) 14:11, 26 February 2026 (UTC)Reply

Once you've got your sources in hand, go for it. signed, Rosguill talk 14:50, 26 February 2026 (UTC)Reply

Nepali History

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The history of Nepali economics is rooted in a traditional, agriculture-based economy, where people relied on farming, livestock, and local trade for their livelihood. In ancient times, Nepal maintained trade relations with India and Tibet, which contributed to economic activities and cultural exchange. During the Rana Regime, economic development remained limited because most resources and opportunities were controlled by the ruling class. After the political change of 1951, Nepal entered a new phase of economic development and adopted planned economic policies. The government introduced periodic development plans, beginning with the first plan in 1956, to promote growth and modernization. Gradually, industries, transportation, education, and infrastructure developed. Today, Nepal’s economy is supported by agriculture, tourism, foreign trade, remittance income, and the service sector. ~2026-29858-30 (talk) 02:05, 19 May 2026 (UTC)Reply