Conclusion: Future Economics and a Future Economy?

#economics #politics #pseudoscience

Neoclassical economics should already belong to the history of economic thought, as a failed paradigm every bit as wrong about the economy as Ptolemaic Astronomy was about the universe. If economics responded to paradigmatic anomalies as physical sciences do, then Neoclassical economics would have died by the early 1970s, and a new paradigm would have replaced it.

https://profstevekeen.substack.com/p/conclusion-future-economics-and-a