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From Neoclassical Economics to Common Good Economics [PDF]

open access: goldSustainability, 2021
The economy for the common good (ECG) has been developed as a practical economic model, starting in Austria, Bavaria, and South Tyrol in 2010. Nowadays, ECG is considered a viable approach for sustainable transformation across Europe, and also worldwide.
Johannes Dolderer   +2 more
openalex   +2 more sources

Revisiting Cournot and Neoclassical Economics

open access: hybridSocial Science Research Network, 2023
This study highlights the deep influence that Cournot’s economic thought had on subsequent neoclassical and mainstream economics. Cournot’s idea for price stability and perfect competition through an infinite number of firms, each of inappreciable ...
Dimitrios Nomidis
openalex   +2 more sources

The Methodology of evolutionary and neoclassical economics as a consequence of the changes in the concept of human nature [PDF]

open access: green, 2017
The concept of human nature builds the basis for thinking about economics and its fundamental elements such as methodology, methods and crucial theories.
Anna Horodecka
openalex   +2 more sources

The Neoclassical Revival in Growth Economics: Has It Gone Too Far?

open access: greenNBER macroeconomics annual, 1997
Peter J. Klenow   +1 more
openalex   +2 more sources

The Death of Neoclassical Economics [PDF]

open access: greenJournal of the History of Economic Thought, 2000
David Colander
openalex   +2 more sources

How energy conversion drives economic growth far from the equilibrium of neoclassical economics

open access: gold, 2014
Energy conversion in the machines and information processors of the capital stock drives the growth of modern economies. This is exemplified for Germany, Japan, and the USA during the second half of the 20th century: econometric analyses reveal that the ...
Reiner Kümmel, Dietmar Lindenberger
openalex   +2 more sources

The 2008 financial crisis and neoclassical economics [PDF]

open access: diamond, 2010
The 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s, and of the hegemony of a reactionary ideology, namely, neoliberalism, based on self ...
Luiz Carlos Bresser‐Pereira
openalex   +2 more sources

Dimensional Analysis in Economics: A Study of the Neoclassical Economic Growth Model [PDF]

open access: yesJournal of Interdisciplinary Economics, 2018
The fundamental purpose of the present research article is to introduce the basic principles of dimensional analysis in the context of the neoclassical economic theory, in order to apply such principles to the fundamental relations that underlay most ...
Miguel Álvarez Texocotitla   +2 more
semanticscholar   +1 more source

Foundations of complexity economics

open access: yesNature Reviews Physics, 2021
Conventional, neoclassical economics assumes perfectly rational agents (firms, consumers, investors) who face well-defined problems and arrive at optimal behaviour consistent with — in equilibrium with — the overall outcome caused by this behaviour. This
T. Veblen, Herbert A. Simon
semanticscholar   +1 more source

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