fix articles 52425, neoclassicism
The Crisis of Economists (tags)
The mainstream economy doesn't know what an argument is any more. Claims or assertions are made. This neoclassicism is not a science but resembles a religion that proclaims dogmas. The economy is a social science that offers interpretations.
Mainstream Economics: Monocultures at the University (tags)
The "Plural Economics Network" challenges breaking through the monoculture and intellectual one-sidedness in economics...Instead of viewing our varied social problems from different perspectives, all the answers are derived from very similar models.
Alternatives to Stagnation and Depression (tags)
Politics has fought the symptoms of the great crisis with banking- and economic packages while its systemic causes remain untouched… The hardest phase of the great crisis is ahead of us, not behind us. All sectors try to safeguard their position through spending cuts...
Criticism of Economists (tags)
Economists with their models could predict the values of economic variables but did not foresee the greatest worldwide economic crisis in 80 years. Mechanical-deterministic neoclassicism is a self-contained theoretical model offering simple answers.
The Silence of Economists (tags)
In 1936 Keynes was the first established economist who explained how a free enterprise system in no way realized a state of balance by itself. The state must take an active role in crisis times to prevent an economic downswing ending in a catastrophe.