Neoclassical Economics Dethroned: New Paradigm Emerges, Reshaping Society's Future
The article discusses how economic thinking has evolved over the past fifty years, moving away from traditional neoclassical economics towards newer approaches like behavioral economics, experimental economics, and ecological economics. These new perspectives are challenging the dominance of neoclassical economics and may eventually replace it as the mainstream economic theory. Universities are already starting to teach these alternative economic theories, but more work is needed to fully develop and integrate them into economic analysis.