How To Use #Economics & Not Be Used by #Economists

Posted: May 17, 2015 in Economics

Economist Ha-Joon Chang explains why the school of Neoclassical economics that rose in the 19th/early 20th century – now today’s dominant school of economics – decided they wanted to be scientists. Economist Ha-Joon Chang says there are political assumptions in any economic theory; what makes Neoclassical economics different is that its proponents will tell you that their analysis is objective, scientific analysis, and therefore you cannot question it.

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