Structuralist Economics: Challenge to the Mainstream

Lance Taylor

Challenge, 2004, vol. 47, issue 5, pages 104-115

Abstract: In a new textbook, economist Lance Taylor makes his case for what he calls structuralist economics. It directly challenges mainstream economics' reliance on assumptions about how consumers and businesses act, and tries to ground economic theory in everyday reality. We discuss his theories, based on years of work, and how they apply to the real world.

Date: 2004

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