The orthodoxy of economic research and the need for an alternative by David Mahon

Economic orthodoxy restricts the potential for economic growth that does not harm the environment, and heterodoxy is the only solution for our economic system. Ecological economics is a potential alternative, it offers a way of simultaneously maintaining economic well being and environmental integrity. The Problem: The unhealthy dominance of Orthodox Economics Why is economics so resistant to change? Of all the social sciences, it is economics that has proven most resistant to change. It remains dominated by the thinking and rational of, among others, Smith, Ricardo, Marshall and Keynes. This…

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