Beyond the Neoclassical Paradigm: A Real World Economics Proposal

Chukwuemeka Onyimadu

MPRA Paper from University Library of Munich, Germany

Abstract: The paper examines the case against the neoclassical school of thought by the Real World Economics movement with the aim of highlighting their key proposals and policy prescriptions. The paper was able to review the important messages of the Real world Economic Movement, by tracing their ideological origins from the strengths and weaknesses of neoclassical economics which stands for mainstream economics. Arguing for noble changes in the teaching and practice of economics, the paper was able to establish the core argument of the Real World Economist against neoclassical economics; a need for pluralism in the teaching and practice of economics.

Keywords: Economic Thought; Neoclassical Economics; Post Autistic Economics; Pluralism (search for similar items in EconPapers)
JEL-codes: B2 B4 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:77197

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