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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
Pluralism in economics appears to be a double-edged sword: we need more than one theory to grasp and explain the entire … 'objective knowledge' in the singular of the 'one world one truth' conception. Therefore, pluralism is often equated with … relativism and obscurantism. In this article, I will explore both the demand for pluralism and the fear of relativism and …
Persistent link: https://www.econbiz.de/10012254839
The article discusses the ongoing debate about a potential paradigm shift in eco-nomics. Institutions like the … Institute for New Economic Thinking, the New Economics Foundation, and the Forum New Economy have been established to foster new … 'Keynesian revolution'. The article examines whether purported changes in economic policy indicate a true paradigm shift in the …
Persistent link: https://www.econbiz.de/10015081064
paradigm pluralism, for example), nor agreement among economists over the underlying diagnosis of a lack of pluralism. Even the …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 …
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
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
postulate of departing from the dominance of the main paradigm of economic sciences contained in mainstream economics towards …Objective: The objective of the article is to refer to the thesis about the need to modify the main paradigm of … economic sciences - by which we mean mainstream economics - with all its consequences that influence the whole economic …
Persistent link: https://www.econbiz.de/10012800297
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
desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold … system, economics self-organizes towards a state of scientific unity. Since such a state is epistemologically inferior to a …
Persistent link: https://www.econbiz.de/10011781107
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