What are the key factors influencing economic development according to mainstream economics?

We propose a synthesis according to which people indeed act by rules, which usually work well, but may work poorly in exceptional or contrived scenarios. Apr 1, 2006 ... The Turn in Economics: Neoclassical Dominance to Mainstream Pluralism? John B. Davis. Marquette University, [email protected]. Published ... Sep 6, 2013 ... Barbera on the Case Against Mainstream Economics ... Robert Barbera, a regular contributor to the Levy Institute's Minsky conferences, has a great ... Apr 9, 2023 ... The Dead Parrot in question is the "Money Multiplier": the theory that banks create money by lending out reserves. It's also called "Fractional Reserve Banking ... Jul 8, 2014 ... 'Economics of the 1%: How Mainstream Economics Serves the Rich, Obscures Reality and Distorts Policy' reviewed by Bill Jefferies ABSTRACT. This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical economics and into something ... Feb 23, 2025 ... economics #neoliberalism #ukpolitics With a free trial, you can watch the full debate NOW at ... Jul 14, 2020 ... Modern Monetary Theory (MMT) has been on the fringes of economic discussion for a decade or more, but it has recently moved from the periphery to become part ... Mar 26, 2017 ... A defence of the idea that attacking mainstream economics is a progressive endeavor. Not criticising mainstream economics - I've done plenty of that - but ... Of course, contemporary political economy2 (or what is sometimes called 'heterodox economics'3) continues the interdisciplinary orientation of classical ...