color of law definition: nThe conduct of a police officer, judge, or another person clothed with governmental authority that, although it superficially appears to be within the individualâs lawful power, is actually in contravention of the law. For exampl...
What is 'Neoclassical Economics'. Neoclassical economics is an approach to economics that relates supply and demand to an individual's rationality and his ability to maximize utility or profit. Neoclassical economics also uses mathematical equations to study of various aspects of the economy.
Neoclassical Literature. Neoclassicism (mid-18th to the end of the 19th century) is generally considered a movement of constraint and order. Using the distant past as a guide, artists and thinkers returned to the regular forms of classical Greece and Rome, leaving behind the inventiveness and experimentation of the Renaissance.