http://www.neoclassic.com Neo Classical Sat, 12 Mar 2011 03:19:17 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 http://www.neoclassic.com/keynesian-theory-in-neoclassical-economics.html?utm_source=rss&utm_medium=rss&utm_campaign=keynesian-theory-in-neoclassical-economics http://www.neoclassic.com/keynesian-theory-in-neoclassical-economics.html#comments Wed, 09 Sep 2009 12:50:40 +0000 Neo http://www.neoclassic.com/?p=518 The story of the rise of Keynesian economics is fascinating. From the late 19th century onwards, neoclassical economics theory dominated the mainstream discourse of macro and microeconomics. Under the assumption that humans are rationale and their decisions are rooted in efforts to maximize the utility of their purchasing power, neoclassical economics theory stressed the [...]]]> http://www.neoclassic.com/keynesian-theory-in-neoclassical-economics.html/feed 0