But what is evident about the text is that it is takes a holistic approach to development rather than the narrow technical approach afforded by neoclassical economics
This approach, Kaufman indicates, largely negates the abstractions postulated by Marshallian and neoclassical economics
(which, however, have been widely adopted by economists since the 1970s).
But it all suggests a tension between ecological economics and neoclassical economics
According to Gordon Bigelow, neoclassical economics
and "post-autistic" economics are significantly different, with neoclassical economics
currently the overwhelming economic view propagated in free-market cultures and imposed on schools (Bigelow, 2005).
2) Stiglitz's critique, however, is but part of a long tradition of castigating neoclassical economics
for being unforgivably disembedded from social realities.
To explain as fully as possible the paths of post-Communist transition, comparative economists cannot depend entirely on neoclassical economics
, or even its extension in 'new institutionalism.
Contemporary neoclassical economics
, with its central image of (rather agency-free) agents who follow laws of mathematical maximization, at its fundamentals falls largely into this camp.
The book offers a number of substantial strengths: clear prose, a strong unifying theme, and a masterful ability to blend law and neoclassical economics
The three essential features of his position were (1) a rejection of neoclassical economics
as both intellectually irrelevant and generative of false policy prescriptions for the countries of the South; (2) a commitment to radical political action as well as radical analyses; (3) a rejection of the Marxism of the orthodox Communist parties for purveying inadequate and misleading modes of analysis and praxis.
The purpose of this article is to show how institutional and evolutionary economics provide better insights as to why some firms survive and others do not than does neoclassical economics
That such assumptions reflect specific ideologies is most obvious in the case of the neoclassical economics
that underlies neoliberal economic policies.