The aim of this paper is examine how moral failure shaped the global financial crisis with particular attention to the role of neoclassical economics theory. The paper compares the premises and characteristics of Schumacher's (1973) Buddhist economics with the prevailing neoclassical economics,...

This article draws on more than three decades of experience in teaching a pluralist introduction to economics at the University of Sydney, Australia. It focuses particularly on the teaching of 'economics as a social science', the foundation unit of study that lays the basis for a full programme...

Barone's 1991 essay stimulated a debate in our economics department. Two department members at the time, Yngve Ramstad and Richard McIntyre, proposed to reorganise the undergraduate Bachelor of Arts degree to emphasise contending perspectives. When this proposal was rejected, Ramstad then...

In 1985 the Department of Economics at Dickinson College USA, a private four year liberal arts college, embarked upon a bold but promising reform of its economics programme placing it on the cutting edge of what is now called 'pluralist economics education'. This new approach to the philosophy...

Today, many educators, administrators, and parents are concerned over the startling rise in teen violence. Theories are expounded and old concepts are discarded. Still, within most school systems, violence, disrespect, and moral decay are quickly becoming the norm. This article provides some...

This discussion, with a true pioneer of pluralist economics teaching, examines a particular strategy for achieving reform that has been adopted at Sydney University. It is a strategy that may have wide applicability for the reform of economics. The strategy is shown to have two features....

This paper offers a sociological explanation for why the field of economics has so severely restricted the scope of its analysis to the point where it failed to foresee the financial crises, economic recessions, and other large shifts in economic activity that have characterized the global...