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For the Napoleon: Total War technology, see Classical Economics (Napoleon: Total War).

Classical Economics
Etw enlightenment classical economics
Prerequisite Free Trade Doctrine
Research Points Needed
Building Needed Modern University
Leads To None
Stream Philosophy
Effects
  • -1 Happiness. Clamour for reform
  • +10 Coins per turn to town wealth in the region
  • +6% Coin Wealth generated by all buildings
  • Enhances National Prestige
Classical Economics is a Technology in Empire: Total War.

DescriptionEdit

An attempt to understand, explore, and explain economic growth and development.

Classical economics seeks to change the way a nation's wealth is considered. No longer is the amount of money in a king's treasury the sole measurement of national wealth. The earnings of the populace are now taken into account. With this step forward people leave feudal society and stop forward as individuals seeking their own gains for their own benefit.

Classical economics was eventually superseded. Its influence does still linger however, especially within the modern school of thought known as "new classical economics."

Historically, the school of classical economics was originally created by Scottish philosopher Adam Smith, but David Ricardo is leading the school forward in its belief and methods. His debates on such topics as the Corn Laws with Thomas Malthus are giving theorists much to consider. One of the key questions the theory seeks to answer is: how can a society be built upon a system where man seeks to further only his own interests?

General InformationEdit

Classical Economics is one of the last philosophy technologies researched, and generates an unusually large increase in wealth at the cost of a small increase in unhappiness and unrest.

Empire: Total War Technology
Philosophy Abolition of SlaveryCitizenshipClassical EconomicsEmpiricismFree Trade DoctrineGovernment by ConsentJoint Stock CompaniesNational DebtPhysiocracyRights of ManSecular HumanismSeparation of PowersSocial ContractUtilitarianismWealth of Nations
Military AirgunsCadenced MarchingCanister ShotCarbinesCarcass ShotCarronadesCopper BottomsDiamond FormationEuropean DoctrineExplosive RocketsExplosive ShellsFire and AdvanceFire by RankFlintlock CannonsImproved CopperingImproved Grape ShotImproved GrenadesLight Infantry DoctrineLime Juice and SauerkrautLongitude WatchMachined RiflingMilitary SyllabusNaval Architecture AdvancesNaval Shore FacilitiesNew Model Bayonet DrillPercussion CapPercussion ShellsPlatoon FiringPlug BayonetQuicklime ShellsReformed Naval AdministrationReorganised ProcurementRifled CannonsRing BayonetScrew BreechSeasoningSextantSheet Lead CartridgesShortened CarbinesShrapnel ShotSocket BayonetSquare FormationTop GallantsWedge Formation
Industrial Advanced IrrigationBasic Steam PumpCoke Blast FurnaceCommon Land EnclosuresDivision of LabourFlying ShuttleFour-Field Crop RotationImproved Animal HusbandryMachine ToolsMass ProductionMeasuring ToolsPower LoomPuddling FurnacePunch-Card LoomSeed Planting DrillSelective BreedingSpinning JennySpinning MuleSteam EngineSteam-Pumped Land DrainageThreshing Machine
Warpath Campaign Mystic Call of the WildDreamwalkingRiding the WindsSpirit MedicineSpirit of the Forest
Warpath Campaign Military Ambush TacticsCannon CastingGun DealingImproved IronworkingIronworkingPowder MakingSharp ShootingWinter Clothes
Warpath Campaign Economy and Culture Improved FarmingImproved FishingMoney EconomyWritten LanguageHunting Techniques

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