Overdated neoclassical economics paradigm should change
July 23, 2021 10:15 Source: China Social Sciences Magazine Author: John Komlos

 bet365 live casino games The theory of neoclassical economics is still formed in the 19th century、Discussion on isolated individuals and their interaction relationships in the market。The "economic man" hypothesis as the theoretical foundation,It has been denied by Freud and Pavlov's theory in essence。Economists need to get rid of the assumptions of the out of order,to meet the needs of the 21st century。To understand the fatal weakness of the real market,To deal with the huge challenges in the future,Economics must be clear from the beginning of learning,How does the market in real life operate。This needs to change the traditional economics paradigm,Use a new research paradigm。New paradigm Follower's behavioral impact,Draw some important concepts,Including asymmetric information、relative income、Basic requirements、Power of the power to compete for the power of the large enterprise、threats brought by excessive globalization, etc.。New paradigm must recognize the danger of continuous environmental pollution and depletion of natural resources,Taking into account the survival needs of future generations,It aims to build a fair society。

  Keywords: Economic Method Theory of New Classical Economics New Liberal Sociology Economics

Author John Komlos,Professor Rongxu, University of Munich。

Editor in charge: Changchang
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