Tuesday, April 3, 2007

What are we doing here? (Short version)

Neoclassical economics dominate mainstream economic debate through dogmatic power. These theories are based on several assumptions:
  1. People act rationally to maximize utility.
  2. People have all knowledge necessary to act rationally.
  3. Competition increases efficiency and quality of life.
  4. Economic growth is without limit.
  5. All problems caused by growth can be solved with more growth.
These assumptions are constantly being proven inaccurate, so I'm taking those inaccuracies and making a blog of it to help promote progressive policy making.

Enjoy!

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