It is easy to take potshots at the field of economics today, whether motivated by the financial crisis or the fact that Nobel laureates, such as economist and New York Times columnist Paul Krugman, ...
The 19th-century creators of neoclassical economics—the theory that now serves as the basis for coordinating activities in the global market system—are credited with transforming their field into a ...
https://doi.org/10.13169/worlrevipoliecon.3.4.0457 • https://www.jstor.org/stable/10.13169/worlrevipoliecon.3.4.0457 Copy URL The article seeks to focus attention ...
Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...
In Marx’s Theory of Value at the Frontiers, Güney Işıkara and Patrick Mokre make a valuable contribution to Marxist economics, first, in demonstrating the empirical credibility of the labour theory of ...
It is possible, in consistently following up the ideas of neoclassical growth theory, to clarify the relation between post-Keynesian and neoclassical growth and distribution theories. The Harrod-Domar ...
Three previous conferences 1 and a sequence of papers 2 discussed the notion that there is a “crisis” in the neoclassical theory of the firm. Neoclassical theory argues that requiring managers to ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Endogenous growth theory suggests that ...
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