Conversation or Monologue? On Advising Heterodox Economists
AbstractThis 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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Bibliographic InfoPaper provided by University of Utah, Department of Economics in its series Working Paper Series, Department of Economics, University of Utah with number 2009_11.
Length: 13 pages
Date of creation: 2009
Date of revision:
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Methodology; Heterodox Economics;
Other versions of this item:
- MatÃas Vernengo, 2010. "Conversation or monologue? on advising heterodox economists," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 32(3), pages 389-396, April.
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-11-07 (All new papers)
- NEP-HPE-2009-11-07 (History & Philosophy of Economics)
- NEP-PKE-2009-11-07 (Post Keynesian Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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