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Re: neo-what

Posted by Julie Hall on November 25, 2001 at 20:24:57:

In Reply to: neo-what posted by Biiftu Aba-Jebel on November 19, 2001 at 22:50:17:

When you call neoclassical theory "the theory," does that mean that it's considered the prime theory of our time? Is it...or was it? Although our class can see how ridiculous this theory can be, is it the most popular economic theory?

: Why is the Neo-classical theory "the theory" if it does not apply to real life (real time)?



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