X-Nico

unusual facts about Mainstream economics


Neoclassical synthesis

Mainstream economics is largely dominated by the resulting synthesis, being largely Keynesian in macroeconomics and neoclassical in microeconomics.


Entrepreneurial economics

If entrepreneurship remains as important to the economy as ever, then the continuing failure of mainstream economics to adequately account for entrepreneurship indicates that fundamental principles require re-evaluation.


see also

Criticisms of neoclassical economics

James K. Galbraith on his article A contribution on the state of economics in France and the world asks himself: "Is there anything missing even from the hotly contested domains of modern mainstream economics?"