Is neoclassical economics still a relevant framework for economic analysis?

function employed in standard economics and neoclassical growth theory to a production function that displays increasing returns to scale. This solution has ... Sep 8, 2017 ... Neoclassical economics assumes that there is “free and costless movement of capital and labor and perfect and ubiquitous information flows ... The information content of monetary aggregates about the true state of the economy is important when the variability of output measurement errors is high. In ... What both Marx (2013) and the neoclassical economists` definitions of the ... data, communication technologies and information driven economic system dominated by ... Alchian begins Uncertainty, Evolution, and Economic Theory by stating that “[a] modification of economic analysis to incorporate incomplete information and ... ... (neoclassical) economics.Focusing on the centrality of information/communication to economic and ecological processes, Communication and the Transformation ... We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact ... Jun 1, 2009 ... Critique, Health economics, Neoclassical economics, Theory. Subject Categories. Economics | Economic Theory | Health Economics. Publication ... Informational Directory for Heterodox Economists ... Keynesian economics, institutional economics, economic history, and mainstream neoclassical economics. Economic approaches criticising equilibrium thinking and advancing a computational view of the economy have recently challenged the neoclassical economics ...