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Mainstream Approaches to Economics
2001Economic theories do not just appear in a void. They grow out of foundations laid in the past and reflect changing economic circumstances. Adam Smith, whom we met in Chapter 2 is often called the ‘father’ of economics. His great book The Wealth of Nations was written in 1776 at a time when Britain was experiencing the first industrial revolution ...
Brian Atkinson, Susan Johns
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Challenge, 2016
If you are not an economist or deeply trained in economics, you may well think what mainstreamers think of as the economy is quite strange. This sociologist argues it is also misleading.
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If you are not an economist or deeply trained in economics, you may well think what mainstreamers think of as the economy is quite strange. This sociologist argues it is also misleading.
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Mainstreaming Behavioral Economics
Journal of Economic Methodology, 2014In the early 1980s, behavioral economics developed as a small program that sought to apply the experimental results of psychologists Daniel Kahneman and Amos Tversky to the study of financial marke...
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The Bankruptcy of Mainstream Economics
Monthly Review, 1992Review of The Age of Diminished Expectations: U.S. Economic Policy in the 1990s by Paul Krugman. This article can also be found at the Monthly Review website , where most recent articles are published in full. Click here to purchase a PDF version of this article at the Monthly Review website.
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Economic Education and the Critics of Mainstream Economics
The Journal of Economic Education, 1988This defense of “mainstream” economics by one of its most distinguished practitioners is a rejoinder to the criticisms expressed at the Scope conference (the proceedings of that conference were published in the spring 1987 issue of the JEE).
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Domestic statistics and mainstream economics
POWER AND ADMINISTRATION IN THE EAST OF RUSSIA, 2022Theoretical statements of the classics of the «mainstream» of economy, presented in the form of econometric formulas, should be confirmed by empirical studies on the indicators of modern statistics. Domestic statistics, based on the traditions of planned economy, completes the transition to international data production standards.
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Mainstream Economics and Energy
2016You readers, having got this far, may wonder why I did not include a section under this heading in Chap. 3, or (on the other hand) why I think that such a section is now relevant. The reason is, simply, that the laws of thermodynamics are central to everything that happens; whereas the core ideas of economic theory (up to now) have never included, or ...
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The Appeal of Mainstream Economics
2012Part of our knowledge we obtain direct; and part by argument. The Theory of Probability is concerned with that part which we obtain by argument, and it treats of the different degrees in which the results so obtained are conclusive or inconclusive.
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Is ‘new’ behavioral economics ‘mainstream’?
Journal of Economic Methodology, 2017AbstractWhen comparing ‘new’ and ‘old’ behavioral economics (BE), many argue that ‘new’ BE has close ties with what is often called ‘mainstream’ economics. The aim of this paper is to reframe the ‘old’ vs. ‘new’ BE debate and investigate the nature of the relationship between psychologists, behavioral economists, and ‘mainstream’ economists.
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