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Conversation or Monologue? On Advising Heterodox Economists

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Author Info
Matías Vernengo

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Abstract

This paper suggests that heterodox economists should not think of themselves as economists first, and only secondarily as heterodox, and must emphasize methodological issues, in particular the different assumptions (or axioms) implicit in their theories vis-à-vis the mainstream. The paper argues that the notion of a cutting edge of the mainstream, which is breaking up with orthodoxy, is misleading. The role of the cutting edge is to allow the mainstream to sound reasonable when talking about reality, while orthodoxy provides authority to the cutting edge. The cutting edge is essential for the mainstream and remains firmly based on orthodox grounds.

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File URL: http://www.econ.utah.edu/activities/papers/2009_11.pdf
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Publisher Info
Paper provided by University of Utah, Department of Economics in its series Working Paper Series, Department of Economics, University of Utah with number 2009_11.

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Length: 13 pages
Date of creation: Nov 2009
Date of revision:
Handle: RePEc:uta:papers:2009_11

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Related research
Keywords: Methodology; Heterodox Economics;

Find related papers by JEL classification:
B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other

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This page was last updated on 2009-11-16.


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