Economic Growth and Development

Mainstream economic theories today are logical, consistent and even explanatory in many ways, when their relevance is tested in real economic situations, they often fail to correctly explain normal economic transactions. Thus they are only successful in explaining a fictional world and fictional economic relations that are largely based on unrealistic assumptions. ‘Economic Growth ’is a study of new and alternative theories and models to replace the ‘parables ’of these mainstream ideologies and hopes to appeal to open minded economists as a constructive contribution for the further development of new economic ideas.