The aim of this article is to delineate an empirically grounded, structure-causal going concern recursive model of UK economics that, in the context of the Research Assessment Exercise (RAE) and local department decision making, explains the progressive elimination of heterodox economics, the...

In previous research on the impact of the Research Assessment Exercise on heterodox economics and heterodox economists in the UK, the author concluded that reliance on Diamond List journals to rank departments would drive economic departments to discriminate positively in terms of their hiring,...

For the last 15 years there have been extensive discussions about the foundations of Post Keynesian economics. From these discussions, Post Keynesians have reached the consensus that their economics is based on a philosophical foundation of realism and critical realism. However, the...