Post-Pythagorean economics

Indeed, mainstream economic theory can be viewed as the ultimate example of the mechanistic, reductionist approach to the world that goes back to the time of Pythagoras. Economists have done much to help understand and defend competitive markets, individual rights, and economic growth.

But a new kind of economics is now emerging that overthrows this ancient paradigm. Instead of analysing the ideal of rational economic man, it considers the behaviour of real people who are embedded in nonlinear dynamic networks. Instead of seeing the economy as lJx -.-

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