Neoclassical economics Quotes

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Neoclassical economics has effectively insulated itself from the great advances made in science and engineering over the last 40 years. This self-imposed isolation must come to an end. For while the concepts of neoclassical economics appear difficult, they are actually quaint in comparison to the sophistication evident in today's mathematics, engineering, computing, evolutionary biology and physics. In order to advance, economics must humbly submit to learning from disciplines that it has studiously ignored for so long. Some researchers in outside fields have called for the wholesale replacement of standard economics curricula, using at least the building blocks of modern thought inherent in other disciplines.

Steve Keen
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Neoclassical economics is precisely the theory one would expect a vastly complex system of international corporations, world markets, and interconnected currencies to create to sustain, justify, explain, and predict "itself." And classical economics, correspondingly, was a predictable expression of an earlier European capitalism.

Roger M. Keesing, Cultural Anthropology: A Contemporary Perspective
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In this century, we are about to enter interplanetary civilization.In order to survive, we need to go beyond neoclassical economics definition.We define it as interplanomics.

Toba Beta, My Ancestor Was an Ancient Astronaut
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Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction.

Ernst F. Schumacher, Small Is Beautiful: E. F. Schumacher, Appropriate Technology, Globalization, 1973 Oil Crisis, Neoclassical Economics, Simple Living, Buddhist Economics, Decentralization
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There is danger in speaking so generally about "liberalism," a danger that has often plagued feminist debates. "Liberalism" is not a single position but a family of positions; Kantian liberalism is profoundly different from classical Utilitarian liberalism, and both of these from the Utilitarianism currently dominant in neoclassical economics.

Martha Nussbaum
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