and a historical theorizing of mainstream economics. Past states in the development of an economic process set the range … history and secondly, because it helps us to understand the present state of economics as being itself the outcome of a path …

Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st … century. Just as major changes are occurring in the world economy, economics itself is on the brink of change. Orthodox … economics is now widely criticized for its sterility and its limited applicability to real-world economic problems. Standard …

economics and economic phenomena …