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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 …
Persistent link: https://www.econbiz.de/10011799756
science with a special emphasis on economics. In this case we observe a multitude of interesting effects on both, the level of …
Persistent link: https://www.econbiz.de/10011779308
The state of contemporary economics had been a subject of discussion even before the most recent global financial …. Nevertheless, there is neither a consensus over the form of pluralism that is required (whether this is a theory, method, or … paradigm pluralism, for example), nor agreement among economists over the underlying diagnosis of a lack of pluralism. Even the …
Persistent link: https://www.econbiz.de/10011479975
, as a programme for how economics should best be done. This paper evaluates strategic pluralism, compares it with the …Pluralism is frequently supported by heterodox economists, but their rationale for it is not always transparent. It …
Persistent link: https://www.econbiz.de/10012863877
The present crisis has revealed that around the globe we are often only able to react to crises when it is (almost) too late. This paper addresses and explains the mono-structure of thought that has led to this predicament and delineates a new model of cognition capable of creating a new...
Persistent link: https://www.econbiz.de/10012221245
This paper provides a systematic assessment of academic economics teaching, research and policy advice in Germany. It … economics as a discipline. …
Persistent link: https://www.econbiz.de/10012208662
Economics lives a moment where the dominant paradigm, based in neoclassical and rational choice ideas, seems very … limited to comprehend the complexity of the reality. Economists and Economics are being severely criticized by their … other Economics (as a scientific field) unless the one which develops models with a strong emphasis on quantitative analysis …
Persistent link: https://www.econbiz.de/10008519777
As a social science, economics studies social interactions. What distinguishes it from other social science disciplines … knowledge’. Some regard this methodological foundation of positivist fallibilism as the feature that makes economics the 'queen … science. Interestingly, both critiques and defences of economics often make reference to ideology: defenders claim that …
Persistent link: https://www.econbiz.de/10012135052
pluralism, the definition and project of heterodox economics, its relationship to the changing form of mainstream, and the merit …The renowned institutionalist Geoffrey Hodgson has claimed inter alia that heterodox economics has failed to define its … nature and scope, does not take pluralism seriously, and lacks expertise concentration to ensure quality which means it has …
Persistent link: https://www.econbiz.de/10012156265
The pluralism debate in economics that has been going on for two decades has not yet been able to provide an exhaustive … teaching and research by the so-called neoclassical mainstream, despite a meanwhile institutionalized "Pluralist Economics … the literature, this also raises questions concerning the pluralistic conception of heterodoxy. …
Persistent link: https://www.econbiz.de/10012197950