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What is this thing called ‘heterodox economics’?

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Author Info

  • Andrew Mearman

    ()
    (Department of Economics, University of the West of England)

Abstract

This paper conducts a type of meta-analysis of a sample of commentaries on heterodox economics, also drawing on biological literature and other treatments of classification. The paper contrasts what might be called a ‘classical’ category with a ‘modern’ category and then analyses treatments of HE as a category. It is argued that though HE appears to be a complex object – and that authors recognise this – HE as a category is most often classical even though modern would appear more appropriate. That this is the case may reflect choices of levels of abstraction which in turn reflect instrumental purposes of influencing the reality of Economics. While arguments for the rejection of HE as a category are too strong, current treatments of HE are perhaps not careful enough in recognising its provisional and fluid nature. The paper considers these issues in turn.

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File URL: http://carecon.org.uk/DPs/1006.pdf
File Function: First version, 2010
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Bibliographic Info

Paper provided by Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol in its series Working Papers with number 1006.

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Length: 41 pages
Date of creation: Jun 2010
Date of revision:
Handle: RePEc:uwe:wpaper:1006

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Keywords: heterodox economics; taxonomy; complexity; meta-analysis;

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References

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  1. Brian Loasby, 2003. "Closed models and open systems," Journal of Economic Methodology, Taylor & Francis Journals, vol. 10(3), pages 285-306.
  2. Wynne Godley & B. Anwar Shaikh, 1998. "An Important Inconsistency at the Heart of the Standard Macroeconomic Model," Macroeconomics 9805021, EconWPA.
  3. David Dequech, 2007. "Neoclassical, Mainstream, Orthodox, And Heterodox Economics," Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] 043, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  4. Davis, John B, 1999. "Common Sense: A Middle Way between Formalism and Post-Structuralism?," Cambridge Journal of Economics, Oxford University Press, vol. 23(4), pages 503-15, July.
  5. Andrew Mearman, 2009. "Who do heterodox economists think they are?," Working Papers 0915, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
  6. Backhouse, Roger E., 2000. "Progress in Heterodox Economics," Journal of the History of Economic Thought, Cambridge University Press, vol. 22(02), pages 149-155, June.
  7. Dow, Sheila C, 1990. "Beyond Dualism," Cambridge Journal of Economics, Oxford University Press, vol. 14(2), pages 143-57, June.
  8. Alan Freeman, 2009. "The Economists of Tomorrow: the Case for a Pluralist Subject Benchmark Statement for Economics," International Review of Economic Education, Economics Network, University of Bristol, vol. 8(2), pages 23-40.
  9. Andy Denis, 2009. "Pluralism in Economics Education," International Review of Economic Education, Economics Network, University of Bristol, vol. 8(2), pages 6-22.
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Citations

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Cited by:
  1. Thornton, Tim B, 2011. "The economics curriculum in Australian Universities 1980 to 2011," MPRA Paper 39321, University Library of Munich, Germany.

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