role of theory in economics and in recent economic events is considered in light of two recent books: the sociologist … Economics" …

role of theory in economics and in recent economic events is considered in light of two recen t books: the sociologist … Economics. …

The history of modern economics abounds with pleas for more pluralism as well as pleas for more unification. These seem … particular, Samuelson's Foundations is invariably presented as a key text in the unification of modern economics during the … derivational unification was pluralist in spirit: not to narrow scientific economics into one single theory, but rather to allow …

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

The renowned institutionalist Geoffrey Hodgson has claimed inter alia that heterodox economics has failed to define its … strategies: the creation of heterodox economics academic departments; for heterodox economists to enter non-economics academic … economics discipline and he reiterates, in part, past criticisms from the mainstream as well as presenting his criticisms to a …

The economics profession appears to have been unaware of the long build-up to the current worldwide financial crisis … is due to a misallocation of research efforts in economics. We trace the deeper roots of this failure to the profession … economics profession has failed in communicating the limitations, weaknesses, and even dangers of its preferred models to the …

The idea to propose an alternative theory approach for economics is to generate an open discussion and exchange of …