Schools of Thought

Economics Schools of Thought – Course Description

Economics Schools of Thought is an interactive class to help you achieve success by helping you learn the different economics schools of thought so you can better predict the future, which will help you thrive.

Updated Sept. 2023.

This interactive class offers you the opportunity to see how you can improve your understanding of the various economics schools of thought.

Economics Schools of Thought – Learning Objectives

• An understanding of the Evolution of Economic Thought from the 1700s
• An Understanding of Classical Economics in the 18th Century
• An Understanding of Neoclassical Economics in the 19th Century
• An understanding of Karl Marx’s Critique of Classical Economics
• An Understanding of Keynesian Economics in the 20th Century
• An Understanding of Austrian Economics
• An Understanding of Behavioral Economics of the 21st Century

Question: How do we improve our lives?

Answer: An improved life comes from being better able to predict the future, than your competitors. And understanding the evolution of Economic Schools of Thought will help us predict the best actions going forward.

@lantis Collaborative Learning Participation Guidelines.

Class Goal

Validate the following:

Question: How do we improve our lives?

Answer 1: Understanding economics will improve our lives because we can make economic predictions better than our competitors.

Answer 2: Understanding the history of the economics schools of thought will help us predict the economic future better than our competitors.

Participation Guidelines

This class works best if everyone shares their ideas, thoughts, and creative suggestions with each other.

This means practicing active listening and participating skills.

All Members of the Class are encouraged to add value to the class by providing new perspectives, insights, and guidance.

The goal is to “validate” the goals listed above.  And as a result, suggest “best practices” that could further validate the goals.

As we learn new stuff, best practices should change.

@lantis classes are designed to be continually updated with the latest knowledge so the Class can determine all the current best practices.

However, please remember you MUST BE A @LANTIS LEARNING NETWORK MEMBER TO ADD CONTENT TO THIS CLASS.

We wish for as much diverse content as possible, but the content has to be vetted, and that starts with the vetting of the creator of the content.

The author and date of creation are the two foundational pieces of “meta-data” that start the @lantis Educational Blockchain.

Remember that all your content and your name are protected by the use of “Avatars” and “Tokens.”

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@lantis Class Structure:

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The Class should represent the “Best Learning Packets (LPs)” to teach something. Those LPs should be dynamically updated as new information is processed.  The new information would either confirm the LP is, in fact, the “Best” LP or suggest a change to the LP.

If the information suggests a change, there should be a suggestion as to how the LP should change.

At any given time there should be a list of suggested changes to the LPs.  Those changes are discussed in the Class and voted on by the Class.  Any Class member can vote yes or no. Supermajorities are required to make the changes.

Non-members of the @lantis Learning Network (ALN) can take the class and learn from it, but have to be a member of the ALN to add or change a class LP. The reason for this is simple, the more we know about the source of the LP the better we can value the learning.

Only ALN members can add Learning Packets to the ALN Library because only they have a “vetted” profile. A “vetted” profile is required to optimally value the LP.

The ALN profile is an “Avatar” to others on the network.  Every member’s personal information is completely separate from the information in the library.

Ways to Add Value to the Network

• Agreement/disagreement with the LP – Meta-Data
• Create New Learning – Create a “Base Learning Packet.”
• Create a “Fork Learning Packet” – Add additional Content or change existing content in a LP.
• Add, Change, Delete LP Meta-Data  – Increase the “transparency” of

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The goal is to learn how to apply what we’ve learned in realistic situations in a competent, considered manner as a means of reaching reasonable and supportable conclusions and then teach others what we’ve learned so they can learn even more.  Then, they can teach the new stuff they’ve learn back into the Network.

Once the Network reaches “critical mass” the learning should be exponential.

The goal of the @lantis Network is to help the Community thrive in our 21st Century Hyper-connected Digital world by helping each of us to learn how to thrive in our 21st Century Hyper-connected Digital world.