We have enough cases here to show that power matters more than neoclassical economics would have us believe. In many cases, the idea that financial success is a reward for ability and service to others is just a fairy tale.Stumbling and Mumbling
Power, skill & wealth
Chris Dillow | Investors Chronicle (UK)
Another false assumption of neoclassical economics that sits at the core of neoliberalism. What this suggests is that power involves the ability to extract rents.
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