Quarterly Journal of Austrian Economics
Author:
Victor Espinosa
Óscar Carreiro
Online Publish Date:
ABSTRACT: The “new development economics” (also called behavioral development economics) consists of microeconomic of the neoclassical paradigm. It is observed that research on the essence of economic development has been neglected or treated inadequately in the school’s to escape from extreme material deprivation and ascend the ladder of economic growth. Government interventions play a crucial role in carrying out the needed