Lars P. Syll — Neoclassical economics — purchasing validity at the cost of empirical content

Short quote that sums up what is wrong with conventional economic methodological assumptions.

Half a century of research that conveniently disregarded essential institutional and behavioural characteristics of the markets….

Lars P. Syll’s Blog
Neoclassical economics — purchasing validity at the cost of empirical content
Lars P. Syll | Professor, Malmo University