William Paul Bell Queensland University Researcher

Why is mainstream economics not a social science but ideological mathematics?

Posts Tagged ‘American Economics Association

Formation of the World Economics Association (WEA) a positive outcome from the Global Financial Crisis (GFC)

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One positive aspect of the global financial crisis (GFC) is the clarity of the failure of neoclassical economics to predict the crisis and of its complicity in fermenting the crisis.  This clarity of failure and complicity is positive because failure is a source of learning that is to take a new direction away from the neoclassical favoured by the American Economics Association and its journals and their hold on the profession. The newly formed World Economics Association  (WEA) provides the economics profession such an avenue.  An open letter to join the association is below. Read the rest of this entry »