Microeconomics, the study of individual actors and markets, has deeply influenced the field of International Relations (IR) .

Uncover the rich history of the Estonian Academy of Science, a stunning neoclassical building that champions Estonia's ...

Economist Isabella Weber explains in a long-form interview where the inflation surge came from and how the Biden ...

The dominance of neoclassical economics throughout the 20th century created what many would consider an economic “monoculture.” Neoclassical thought presented a tidy model: humans as rational agents, ...

New institutional economics emphasizes the neoclassical economics concepts of property rights and transaction costs, arguing that the failures related to free-market reforms in the Global South arise ...