On the ‘Nobel Prize in Economics’ and the monopoly of neoclassical theory at university departments of economics

Posted on February 12 2010

On the ‘Nobel Prize in Economics’ and the monopoly of neoclassical theory at university departments of economics ¬´ Real-World Economics Review Blog.

Please read in full. To get a flavour, this is a gem:

We have all to admit the ideological nature of any kind of economics, let it be neoclassical or other. Professors of economics who claim to be ‘value-free’ have not understood the basics of their discipline.

I could not agree more! I won't name those culprits I have in mind!

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