Power And Neoclassical Economics: A Return To Political Economy In The Teaching Of Economics

Power And Neoclassical Economics: A Return To Political Economy In The Teaching Of Economics
by Adam Ozanne / / / PDF


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Mainstream economics ignores power, meaning it can provide only partial explanations of inequality and poverty. Ozanne proposes a new approach for including power in standard microeconomic theory which, if adopted in economics teaching, could radically change the way young economists are taught to think about economic problems.

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