Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

The pressures for the privatization of public services over the last 30 years are the reaction to the perceived excesses, inefficiencies, and inadequacies of public provision. They drew strength from ...

Regional political economy is an approach to economic geography that can transcend the current dualism of a new neoclassical economic geography and a new cultural economic geography. We apply this ...

Although neoclassical economics relies on assumptions that should have been discarded long ago, it remains the mainstream orthodoxy. Three recent books, and one older one, help to show why its staying ...

With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with ...

Like many students in the Economics Department at The New School for Social Research, Ebba Boye and Ingrid Kvangraven want to widen the lens through which we examine economies. Their approach to ...

Economist Ha-Joon Chang explains how alternative approaches to economics can help us understand the whole economy in ways we would miss if only looking through the Neoclassical lens LYNN FRIES, TRNN: ...