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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...
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The appeal of the 'Micro-foundations' project, which requires that all macroeconomic propositions are reduced to or derived from microeconomic ones, is strongly supported by the considerable force of what Lakatos calls the discipline's 'hard core'. This is particularly so if this project is...
Persistent link: https://www.econbiz.de/10014363197
This paper aims to provide insights for those who value careful, precise communication to draft effective economics papers. It is designed to be a helpful and convenient guide, which is divided into well-defined, thought-provoking sections.
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This paper considers the primary challenges faced by the Eurozone and caused by the 2008+ crisis. It suggests that one should distinguish among institutional, conceptual (model/paradigm) and real economic challenges. As a factor that influences progress in other areas, the latter topic is a...
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