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State and future of the 'citadel' and of the heterodoxies in economics: challenges and dangers, convergences and cooperation
Elsner, Wolfram - In: European Journal of Economics and Economic Policies: … 10 (2013) 3, pp. 286-298
This keynote reflects on the phased-out original neoclassical research program and the dominance of originally heterodox issues and questions, all beyond the 'optimality and equilibrium of the market economy', in modern cutting-edge economic research. This provides opportunities for heterodoxies...
Persistent link: https://www.econbiz.de/10014363184
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After the Bust: The Outlook for Macroeconomics & Macroeconomic Policy
Palley, Thomas I. - 2008
The current economic crisis offers an historic opportunity for change. The depth of the crisis means there will likely be a policy turn in a Keynesian and even Post Keynesian direction. However, there are profound political, intellectual and sociological obstacles blocking change in underlying...
Persistent link: https://www.econbiz.de/10010460471
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After the bust: The outlook for macroeconomics and macroeconomic policy
Palley, Thomas I. - 2009
Change was the buzzword of the Obama campaign, in response to a political agenda precipitated by financial turmoil and a global economic crisis. According to Research Associate Thomas Palley, the neoliberal economic policy paradigm underlying that agenda must itself change if there is to be a...
Persistent link: https://www.econbiz.de/10010280363
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Makroökonomik und neue Makroökonomik: Kapitel I. Einige methodologische Überlegungen
Felderer, Bernhard; Homburg, Stefan - 2005
The book offers a compehensive account of traditional and more recent developments in macroeconomic theory. It is written primarily for students at the intermediate level.
Persistent link: https://www.econbiz.de/10010332508
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A Post Keynesian theory of economic policy - filling a void
Heise, Arne - 2008
The traditional theory of economic policy of the Tinbergen-Theil-type has come under severe criticism: in the ontological setting of the New Classical Macroeconomics based on the Rational Expectations Hypothesis (REH), economic policy is ineffective or neutral with respect to real variables. In...
Persistent link: https://www.econbiz.de/10010302516
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Conversation or monologue? On advising heterodox economists
Vernengo, Matías - 2009
This paper suggests that heterodox economists should not think of themselves as economists first, and only secondarily as heterodox, and must emphasize methodological issues, in particular the different assumptions (or axioms) implicit in their theories vis-àvis the mainstream. The paper argues...
Persistent link: https://www.econbiz.de/10010288055
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Postkeynesianismus: Ein heterodoxer Ansatz auf der Suche nach einer Fundierung
Heise, Arne - 2018
In diesem Beitrag geht es darum, den Postkeynesianismus als paradigmatische Alternative zum herrschenden neoklassischen … Mainstream etwas näher kennenzulernen. Es zeigt sich sehr schnell, dass der Postkeynesianismus keine einheitliche Denkschule … Nachvollzug dieser Postulate aus dem axiomatischen Kern des Postkeynesianismus wird dann darauf verzichtet, dass Kaleidoskop …
Persistent link: https://www.econbiz.de/10011904077
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Post-Keynesian economics How to move forward
Stockhammer, Engelbert; Ramskogler, Paul - In: Intervention. European Journal of Economics and … 06 (2009) 2, pp. 227-246
Post-Keynesian Economics (PKE) is at the crossroads. Post-Keynesians (PKs) have become effectively marginalized; the academic climate at universities has become more hostile to survival and the mainstream has become more diverse internally. Moreover, a heterodox camp of diverse groups of...
Persistent link: https://www.econbiz.de/10014363070
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Heterodox economics as seen by Geoffrey Hodgson: an assessment
Lavoie, Marc - In: European Journal of Economics and Economic Policies: … 17 (2020) 1, pp. 9-18
Geoffrey Hodgson has recently published a book where he wonders why heterodox economics seems to thrive while at the same time losing ground within the most prestigious universities. Although Hodgson considers himself to be a heterodox economist, he complains about the way heterodoxy has been...
Persistent link: https://www.econbiz.de/10014363370
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Mitigating the COVID-19 effect: Emergency economic policy-making in Central Europe
Podvršič, Ana; Becker, Joachim; Piroska, Dóra; … - 2020
The paper analyses the economic policy-making in the first phase of the epidemic in five Central Europe countries, Austria, Czechia, Hungary, Slovakia and Slovenia, whose economic structure is characterized by strong export orientation. We focus on the participatory character of the governments'...
Persistent link: https://www.econbiz.de/10014565926