THE CRITISISM OF DOMINANT NEO-CLASSICAL ECONOMICS IN THE LIGHT OF POST AUT?ST?C ECONOM?CS: CASE OF GLOBAL CR?S?S

Utku Altunöz ()
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Utku Altunöz: Social Science

No 201045, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Dominant neo classical system is criticized for not solving the problems of current economics. In other words, it is seen the reason of current economic issues. And also it is believed that unsolved problems come with global crisis were developed by dominant classical thought. In 2000?s Post Autistic economic movement came to the scene with published declaration by pupils of Ecole Normale Superieure in France. According to declaration dominant economic thought turn into the autistic characteristic. Due to this fact, economic science is vanished by intense mathematical formulas. So that had broken of connection with real life. In this paper first, basic hypothesis of neo classical thought will be examined. Following that, solving suggestion for problematic area in the light of autistic movement will be explained. In the other words, especially in the course of time, the current economic system remains incapable to meet society?s expectations, demands, and requirements, the system and method debate has been increasing. Recently, the basic reason that led to criticism by focusing the global economic crisis has developed in the direction of the Neo-classical system. Another purpose of this study is to open discussion of last 2008 global crisis to Turkey?s assessment from the view point of Post Autistic Economics.

Keywords: The Post Autistic Economics Movement; Neo-classical Economics; The 2008 Global Economic Crisis (search for similar items in EconPapers)
JEL-codes: E13 P16 P51 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2014-06
New Economics Papers: this item is included in nep-hme, nep-hpe, nep-mac and nep-pke
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Published in Proceedings of the Proceedings of the 10th International Academic Conference, Vienna, Jun 2014, pages 62-69

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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:0201045

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