Neoclassical, Mainstream, Orthodox, And Heterodox Economics
AbstractThis paper discusses the concepts of neoclassical, mainstream, orthodox, and heterodox economics, distinguishing temporally more general and more specific concepts. The concept of mainstream economics is based on prestige and influence and includes ideas taught in prestigious schools. Although the current mainstream (neoclassical economics included) is clearly diverse, commonality in it is more controversial. Heterodox economics can be defined negatively, in opposition either to the orthodoxy or to the mainstream. The lack of consensus generates communication problems. Another possibility would be to define heterodox economics positively, but the result in the current period may be an empty set.
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Bibliographic InfoPaper provided by ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics] in its series Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] with number 043.
Date of creation: 2007
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Other versions of this item:
- David Dequech, 2007. "Neoclassical, mainstream, orthodox, and heterodox economics," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 30(2), pages 279-302, December.
- NEP-ALL-2007-12-15 (All new papers)
- NEP-CBE-2007-12-15 (Cognitive & Behavioural Economics)
- NEP-HPE-2007-12-15 (History & Philosophy of Economics)
- NEP-PKE-2007-12-15 (Post Keynesian Economics)
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