Neoclassical economics dominate mainstream economic debate through dogmatic power. These theories are based on several assumptions:
- People act rationally to maximize utility.
- People have all knowledge necessary to act rationally.
- Competition increases efficiency and quality of life.
- Economic growth is without limit.
- 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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