Definition: One that is classical in some way; for example, a classical economist.
Alright class, settle down and let’s take a look,
At this word ‘classical,’ a linguistic hook!
The dictionary gives us the simple gist,
“One that’s classic,” a beautiful tryst.
But what does “classic”
really
mean you see?
It's more than just old – it has depth for me!
Think of something timeless, a golden decree,
A standard of excellence, for all to agree.
Let's break it down with a little rhyme:
Classical means "the best in time!"
Consider this - when we talk about 'classical economics,'
It doesn’t just mean old, like ancient relics!
Instead, it refers to theories that were key,
The foundational thinkers for you and me.
Think Adam Smith, with his market bright,
Or David Ricardo, shining a light.
These ideas are
classic
, they've stood the test,
Principles still used, putting knowledge to the crest!
So ‘classical’ means established, renowned,
A benchmark of quality, firmly bound.
It points to something truly great and true,
A cornerstone concept for me and you!
Do you have any questions about this now? Don't be shy, let's discuss!