Explore the connection between neoclassical economics and neoliberalism, focusing on the shared principles of free markets, ...

It is easy to take potshots at the field of economics today, whether motivated by the financial crisis or the fact that Nobel laureates, such as economist and New York Times columnist Paul Krugman, ...

Economist Ha-Joon Chang explains why the school of Neoclassical economics that rose in the 19th/early 20th century – now today’s dominant school of economics – decided they wanted to be scientists.

While finance historians credit Harry Markowitz as the father of Modern Portfolio Theory, he enjoys pointing to Shakespeare as an early advocate of diversified portfolios. In “The Merchant of Venice,” ...

For more than a century, neoclassical theory dominated economic thinking. Neoclassical economics is a theory based on three key assumptions: individuals have rational preferences; individuals maximize ...

Similar austerity-centric and overall neoclassical economics-based structural adjustment conditionalities were provided ...

For much of the last half-century, the study of global exchange rates has been treated as a branch of physics. In the hallowed halls of neoclassical ...

This thesis critiques neoclassical economic theory. In each chapter, with the exception of the last two, I will examine a different neoclassical theory and reveal its lack of realism, and how said ...

15 February 2008 For the 25 years, the so-called "Washington Consensus" - comprising measures aimed at expanding the role of markets and constraining the role of the state - has dominated economic ...

Steve Keen is a fellow contributor here at Forbes so this isn't a declaration of all out jihad upon his ideas. Rather, it's to show that one of his contentions about economics and the economy might ...