[update coming]
I have moved there: http://umertoor.blogspot.com/ Won't be blogging here anymore
Imran Khan's Economic Team Leader & Neo-Classical Economics
i'm so excited! i heard Imran Khan, Chairman of Justice Movement Pakistan, in an interview said they have an economic expert in their party, a professor in Cambridge University, who has critiqued neoclassical economic theory. Neoclassical economics or capitalism is anti-poor, it professes theories with sophisticated mathematical foundations which ultimately argue against welfare economics in which "people are means and ends of development", where growth and progress is not pursued with promotion of selfishness. I cannot explain neoclassical economics and its flaws, i'd recommend exploring this site by another Pakistani economist Dr Asad Zaman: Critiques of Economic Theory.
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