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The nature of heterodox economics

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  • Tony Lawson

Abstract

Heterodoxy serves as an umbrella term to cover the coming together of separate projects or traditions. In answering the question, 'what distinguishes heterodoxy from the orthodoxy?', the author argues that matters of ontology are central. In answering the question, 'how are the various traditions that make up the modern heterodoxy to be distinguished from each other?', the author defends criteria other than varying commitments to specific substantive theories, policy measures or techniques (or basic units) of analysis. Copyright 2006, Oxford University Press.

Suggested Citation

  • Tony Lawson, 2006. "The nature of heterodox economics," Cambridge Journal of Economics, Oxford University Press, vol. 30(4), pages 483-505, July.
  • Handle: RePEc:oup:cambje:v:30:y:2006:i:4:p:483-505
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    File URL: http://hdl.handle.net/10.1093/cje/bei093
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    References listed on IDEAS

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    1. Paul Davidson, 1994. "Post Keynesian Macroeconomic Theory," Books, Edward Elgar Publishing, number 124, June.
    2. Sheila C. Dow, 1999. "Post Keynesianism and Critical Realism: What Is the Connection?," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 22(1), pages 15-33, September.
    3. Paul Davidson, 1996. "Reality and Economic Theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 18(4), pages 479-508, July.
    4. Paul Davidson, 1991. "Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 129-143, Winter.
    5. Philip Arestis & Stephen P. Dunn & Malcolm Sawyer, 1999. "Post Keynesian Economics and Its Critics," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 21(4), pages 527-549, July.
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