Adam Ozanne, "Power and Neoclassical Economics: A Return to Political Economy in the Teaching of Economics"
English | ISBN: 1137553723 | 2016 | 110 pages | PDF | 1 MB
English | ISBN: 1137553723 | 2016 | 110 pages | PDF | 1 MB
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.