What is neoclassical economics? The three axioms responsible for its theoretical oeuvre, practical irrelevance and, thus, discursive power

This paper offers a precise definition of neoclassical economics based on three axioms which lie at the latter's foundations. This definition is all inclusive in that it applies as much to the neoclassical economic models of the late 19th century as it does to today's more flexible and �...

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Bibliographic Details
Main Authors: Arnsperger Christian, Varoufakis Yanis
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2006-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2006/1452-595X0601005A.pdf