In the context of ongoing criticisms of the lack of pluralism in economics, the present article aims to discuss the … development of 'heterodox' economics since the 1970s. Following Lakatos's concept of scientific research programs (srp), and … concentrating on the situation in Germany, the article will discuss classifications of economics, and will specify the understanding …

This article discusses the development of 'heterodox' economics at universities in Germany since the 1970s. Based on … Lakatos' concept of scientific research programmes (SRP), the article introduces a classification of economics in order to … clarify the understanding of variety within economics, especially in the case of Germany. Based on this classification and …

The state of contemporary economics had been a subject of discussion even before the most recent global financial …

The Cambridge Journal of Economics witnessed an important debate between Mark Pernecky and Paul Wojick on the one side … reconcile Pernecky and Wojick’s claim that Keynes’s new economics of the General Theory and Walrasian General Equilibrium are …

Pluralism in economics appears to be a double-edged sword: we need more than one theory to grasp and explain the entire …

Economics as a discipline is currently in disarray. In the aftermath of the global financial crisis, academic experts …, students, commentators, practitioners and politicians all questioned the status of academic economics and many called for a … teaching. Furthermore, economic policy based on mainstream economics is still prevalent. It is therefore necessary to consider …

The article discusses the ongoing debate about a potential paradigm shift in eco-nomics. Institutions like the … Institute for New Economic Thinking, the New Economics Foundation, and the Forum New Economy have been established to foster new … economics, rather than a complete overhaul of the discipline. The article concludes that while mainstream economics may become …