The aim of this article is to underline that the core paradigm of mainstream economics, the economics’ standard model (ESM), rests upon an explanatory theory that draws on deductive assumptions which are not supported by what observations of the reality of market economies shows us; either in...

Mainstream economics relies largely on deductive assumptions –not resulting from a systematic gathering of observations. Among them, those assumptions on prices determination by firms, firms’ size relative to market demand, and the prevailing market structure regarding the...

The aim of this article is to underline that the core paradigm of mainstream economics, the economics’ standard model (ESM), rests upon an explanatory theory that draws on deductive assumptions which are not supported by what observations of the reality of market economies show us; either in...

A wide ideological consequence of the standard model –in (mainstream) Economics– beyond Economics itself is that in the last decades Competition –so understood, with a capital letter– has implicitly become sort of a myth in economic policy and the political arena in general. Competition...

Newspapers and media in general talk frequently on productivity. As, for example, in terms of “. the problem of our economy is that productivity is comparatively low/is-lagging-behind (and here the figure for a productivity index)”. Or “…There is a need for serious reforms be undertaken...

Newspapers and media in general talk frequently on productivity. As, for example, in terms of “. the problem of our economy is that productivity is comparatively low/is-lagging-behind (and here the figure for a productivity index)”. Or “…There is a need for serious reforms be undertaken...

En la economía académicamente dominante el paradigma del equilibrio general de mercados competitivos (EG) juega un papel fundamental. Aunque los manuales y textos de referencia dediquen páginas a hablar de, por ejemplo, el equilibrio en el duopolio, el marco de referencia es en el fondo el...

In this work we analyse to what degree the efficiency of a publicly owned non-monopolistic enterprise improves as a result of the introduction of strategic organizational reforms consisting of adopting "private-firm-like" management practices, criteria, and governance structure; i.e....

In this work we analyse to what degree the efficiency of a publicly owned non-monopolistic enterprise improves as a result of the introduction of strategic organizational reforms consisting of adopting "private-firm-like" management practices, criteria, and governance structure; i.e....