A Grand Unified Economic Theory?

Breaking the Neoclassical Monopoly in Economics

Development is about human beings, not just economic theory.

Now, in economic theory, cheating is a very simple cost benefit analysis.

The so called private economic departure theory and new public private partnership theory and other misconceptions have caused some entrepreneurs doubts and concerns.

As a result, Glimcher is skeptical of prevailing economic theory, and is seeking a physical basis for it in the brain. He wants to transform soft utility theory into hard utility theory by discovering the brain mechanisms that underlie it.

The Manchester students argue that the mainstream within the discipline (neoclassical theory) has excluded all dissenting opinion, and the crisis is arguably the ultimate price of this exclusion. Alternative approaches such as Post Keynesian, Marxist, and Austrian economics (as well as many others) have been marginalized.

Nelson, R.R. and Winter, S.J. (1982), An Evolutionary Theory of Economic Change, Cambridge, MA, Harvard University Press.

The God theory is not just a bad theory.

In the field of growth theory, Romer sees the current generation of neoclassical economists grind out paper after paper imposing the theoretical restrictions necessary for a price taking equilibrium. As he correctly notes, such papers are useless for any purpose other than advancing their authors positions in academic status games.

M Theory

What theory?

In theory.

It was begun with the invention of relativity theory and quantum theory.

That theory sounds as general and fundamental as the theory that global warming is melting glaciers and raising sea levels around the world. Rising sea levels would explain a lot of geological and economic events.

Rocs Graph Theory

Graph Theory Tool

What's your theory?

What's that theory?

The theory is

That's mere theory.

It was theory.

An interesting theory.

Theory and empirical evidence

There was a theory.

That is the theory.

Well, what's your theory?

Oh, my theory. Well

What's your theory, Colonel?

It's only a theory.

I have a theory.

It's proved in theory.

In theory, there is no difference between theory and practice. But, in practice, there is.

So we said, If people are not sensitive to the economic rational theory explanations, to these forces, what could be going on?

The problems with having a theory is that your theory may be loaded with cognitive biases.

Brian Greene on string theory

Superstring theory what is it?

It's just elementary probability theory.

But enough of the theory.

Emily Levine's theory of everything

It is not a theory.

So beautiful. What a theory.

It's not a minority theory.

Everybody likes the aquatic theory.

A Theory of Boardroom Justice