Douglas, Alexander X.2022-10-282022-10-282021Defending Microeconomics?! Douglas, Alexander X. (2021). axdouglas.com. 17 March. (Article - Magazine; English).http://hdl.handle.net/10315/39798demand econometrics equilibrium neoclassical economics science supplyI was sent a link to this article by a colleague, who was concerned with the boldness of the central claim – that standard economic theory explains nothing about market behaviour. I thought I might as well share the outline of my response here. I’m far from being a defender of the foundations of mainstream microeconomics. But this attack goes much too quickly, in my view. I find myself in the odd position of defending something I don’t believe in from an attack I think is unfair – indeed counterproductive.Article