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Heterodox United vs. Mainstream City? Sketching a Framework for Interested Pluralism in Economics

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  • Leonhard Dobusch
  • Jakob Kapeller
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    Abstract

    Pluralism is a key term in the current discourse in heterodox economics, emphasizing the need for greater theoretical integration and institutional cooperation of different economic traditions. However, both the nature of pluralism and the concrete role ascribed to pluralist thinking for the development of economics have been somewhat contested, pointing to a lack of (widely agreed) conceptual foundations. This paper addresses this conceptual gap by proposing a framework for interested pluralism as a guideline for organizing heterodox economic research, in particular, as well as economic debates, in general. In essence, interested pluralism suggests replacing the traditionally invoked demarcation criteria between different economic traditions by a set of rather ecumenical pluralist principles, whose concrete implications for economic research we discuss.

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    Bibliographic Info

    Article provided by M.E. Sharpe, Inc. in its journal Journal of Economic Issues.

    Volume (Year): 46 (2012)
    Issue (Month): 4 (December)
    Pages: 1035-1058

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    Handle: RePEc:mes:jeciss:v:46:y:2012:i:4:p:1035-1058

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    Web page: http://www.mesharpe.com/mall/results1.asp?acr=jei

    Related research

    Keywords: heterodox economics; paradigms; pluralism; sociology of economics;

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    Cited by:
    1. Jakob Kapeller & Bernhard Sch├╝tz, 2013. "Exploring Pluralist Economics: The Case of the Minsky-Veblen Cycles," Journal of Economic Issues, M.E. Sharpe, Inc., vol. 47(2), pages 515-524, June.

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