Women in development: a critique of neo-classical economic theory as one of the causes for gender inequality [PDF]
This research reviews and critiques neoliberalism and neoclassical economics for them being one of the main causes for the subordination and oppression of women.
El Morally, Reham
core +1 more source
Behavioral Economics and Neoclassical Economics [PDF]
Elias Khalil, Elias Khalil
core +1 more source
Impact of Public and Private Investments on Economic Growth of Developing Countries [PDF]
This paper aims to study the impact of public and private investments on the economic growth of developing countries. The study uses the panel data of 39 developing countries covering the periods 1990-2019. The study was based on the neoclassical growth models or exogenous growth models state in which land, labor, capital accumulation, etc., and ...
arxiv
Back to the Surplus: An Unorthodox Neoclassical Model of Growth, Distribution and Unemployment with Technical Change [PDF]
The article examines how institutions, automation, unemployment and income distribution interact in the context of a neoclassical growth model where profits are interpreted as a surplus over costs of production. Adjusting the model to the experience of the US economy, I show that joint variations in labor institutions and technology are required to ...
arxiv
Profit Maximization, Industry Structure, and Competition: A critique of neoclassical theory [PDF]
Neoclassical economics has two theories of competition between profit-maximizing firms (Marshallian and Cournot-Nash) that start from different premises about the degree of strategic interaction between firms, yet reach the same result, that market price falls as the number of firms in an industry increases.
arxiv +1 more source
A necessary and sufficient condition for the existence of chaotic dynamics in a neoclassical growth model with a pollution effect [PDF]
In this paper, we study a neoclassical growth model with a (productivity inhibiting) pollution effect. In particular, we obtain a necessary and sufficient condition for the existence of a topological chaos. We investigate how the condition changes as the strength of the pollution effect changes.
arxiv
The Economics philosophy of Pancasila was born as criticism of crisis occurred in neoclassical economics in Indonesia. Mubyarto identify the neoclassical economics crisis of historical, sociological, metaphysics, epistemological, and axiological ...
Heri Santoso
doaj +1 more source
Managing Demographic Transitions: A Comprehensive Analysis of China's Path to Economic Sustainability [PDF]
This article presents an analysis of China's economic evolution amidst demographic changes from 1990 to 2050, offering valuable insights for academia and policymakers. It uniquely intertwines various economic theories with empirical data, examining the impact of an aging population, urbanization, and family dynamics on labor, demand, and productivity ...
arxiv
Foundations of complexity economics
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
Neoclassical Economics’ Immunisation Strategies Against Behavioural Economics: Popper’s Perspective
Although neoclassical economics faces frequent criticism, it remains the dominant paradigm, largely due to its immunisation strategies that rely on unfalsifiable concepts of utility and rationality. In this paper, I use Karl Popper’s philosophy to assess
Aleksander Ostapiuk
doaj +1 more source