Heterodox Economics Challenges Mainstream Thinking, Revolutionizes Policy Making
The article discusses how different economic theories have shaped the field of economics, with mainstream economics often disconnected from real-world conditions. Heterodox economics has emerged to address this gap, gaining importance in modern economic thinking and policy-making. Despite this, mainstream economics remains dominant. The principles of heterodox economics are likely to play a significant role in the future of economic teaching and policy-making.