He is often described as the "last of the classical economists".
The third part of the definition was not always used by classical economists.
Classical economists developed a theory of value, or price, to investigate economic dynamics.
The classical economists also employed the word "capital" in reference to money.
The classical economists thought that population would grow over time leading to an increase in the labour force.
That's not the kind of capitalism that classical economists envisioned.
This is complicated, however, by the efforts of classical economists to connect price and labor value.
The paradox of value was observed and debated by classical economists.
Other early socialist thinkers were influenced by the classical economists.
Classical economists assume the existence of the "perfectly rational economic man".