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Persistent link: https://www.econbiz.de/10010652073
This paper argues that providing alternative perspectives, such as Post Keynesian economics, is important to students and for the success of the economics profession. Comparing and contrasting different views allow students to develop critical reasoning skills that they will need later in their...
Persistent link: https://www.econbiz.de/10005750049
This paper sets forth some Post Keynesian policy proposals concerning education. It first reviews U.S. education problems and the neoclassical solution to them, which relies on increasing competition and consumer choice. The paper then reviews the empirical literature on these topics, and...
Persistent link: https://www.econbiz.de/10005750087
Three problems plague the public choice perspective. First, it cannot explain why people vote, changes in voting behavior, or the actual votes of people. Second, public choice cannot predict the behavior of politicians. It cannot help us understand the sorts of people who run for public office,...
Persistent link: https://www.econbiz.de/10005750135
J.K. Galbraith was a highly original theorist whose contributions deserve lasting recognition. Galbraith analyzed the significant economic power held by large firms, which underpinned the success of the U.S. economy in the post-World War II era. Galbraith highlighted how this concentration of...
Persistent link: https://www.econbiz.de/10005751503