Explore the principles of mainstream economics, its origins in neoclassical thought, and criticisms from heterodox theories. Discover how it impacts economic policies.

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Investopedia / Michela Buttignol Economic value is the value ...

The 2013 winners have now been announced. David Spencer responds in a postscript at the bottom of this article. What are economists for? Well, one obvious answer is to “do economics”, defined in the ...