Developed by Yasuma Takada in a series of lectures at Kyoto University, the power theory of economics is mostly based on a critique of both mainstream economics as well as heterodox economics theories of unemployment, most notably Keynesian economics and Marxian economics.
The power theory of economics, developed by Yasuma Takada through a series of lectures at Kyoto University, is mainly based on critiques of both mainstream and heterodox economic theories concerning unemployment. It particularly emphasizes Keynesian and Marxist economic viewpoints.