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Comparing responses to critical realism

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  • Siobhan Austen
  • Therese Jefferson

Abstract

This article is a study of the response of two heterodox schools of economic thought to 'new' philosophical ideas. Specifically, it considers the response within Post Keynesian and feminist economics to Tony Lawson's recent call for economists to pay greater attention to ontology and for economists to adopt research methods consistent with critical realism. Lawson's arguments were formally introduced to these schools over the space of a few years and continue to generate considerable discussion within their ranks. The focus of analysis in this article is on the debate about Lawson's ideas published in the leading journals associated with two schools of thought: The Journal of Post Keynesian Economics and Feminist Economics. The article contrasts the reception Lawson's ideas received in each of the two journals and suggests some reasons for these differences. It argues that some barriers to the adoption of new ideas exist in each school of thought and that this has implications for the direction and content of economic thought in heterodox schools.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/13501780600733301
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Economic Methodology.

Volume (Year): 13 (2006)
Issue (Month): 2 ()
Pages: 257-282

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Handle: RePEc:taf:jecmet:v:13:y:2006:i:2:p:257-282

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Web page: http://www.tandfonline.com/RJEC20

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Related research

Keywords: critical realism; heterodox economics; Post Keynesian economics; feminist economics;

References

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  1. Sandra Harding, 1999. "The Case For Strategic Realism: A Response To Lawson," Feminist Economics, Taylor & Francis Journals, vol. 5(3), pages 127-133.
  2. Frederic S. Lee, 2002. "Theory creation and the methodological foundation of Post Keynesian economics," Cambridge Journal of Economics, Oxford University Press, vol. 26(6), pages 789-804, November.
  3. Stephen D. Parsons, 1996. "Post Keynesian Realism and Keynes' General Theory," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 18(3), pages 419-441, April.
  4. Nitasha Kaul, 2002. "A critical 'post' to critical realism," Cambridge Journal of Economics, Oxford University Press, vol. 26(6), pages 709-726, November.
  5. Sandra Harding, 2003. "Representing Reality: The Critical Realism Project," Feminist Economics, Taylor & Francis Journals, vol. 9(1), pages 151-159.
  6. Julie Nelson, 2003. "Once More, With Feeling: Feminist Economics and the Ontological Question," Feminist Economics, Taylor & Francis Journals, vol. 9(1), pages 109-118.
  7. Tony Lawson, 1994. "The Nature of Post Keynesianism and Its Links to Other Traditions: A Realist Perspective," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 16(4), pages 503-538, July.
  8. Sheila C. Dow, 2002. "Historical reference: Hume and critical realism," Cambridge Journal of Economics, Oxford University Press, vol. 26(6), pages 683-695, November.
  9. Julie A. Nelson, 2003. "Confronting the science-value split: notes on feminist economics, institutionalism, pragmatism and process thought," Cambridge Journal of Economics, Oxford University Press, vol. 27(1), pages 49-64, January.
  10. Hamouda, Omar F & Harcourt, G C, 1988. "Post Keynesianism: From Criticism to Coherence?," Bulletin of Economic Research, Wiley Blackwell, vol. 40(1), pages 1-33, January.
  11. Roy J. Rotheim, 1999. "Post Keynesian Economics and Realist Philosophy," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 22(1), pages 71-103, October.
  12. Tony Lawson, 2003. "Theorizing Ontology," Feminist Economics, Taylor & Francis Journals, vol. 9(1), pages 161-169.
  13. Tony Lawson, 2003. "Ontology and Feminist Theorizing," Feminist Economics, Taylor & Francis Journals, vol. 9(1), pages 119-150.
  14. Tony Lawson, 1999. "Feminism, Realism, and Universalism," Feminist Economics, Taylor & Francis Journals, vol. 5(2), pages 25-59.
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