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What is this 'school' called neoclassical economics?

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  • Tony Lawson

Abstract

What is this school called neoclassical economics? Does it exist? Should it? Where does the term 'neoclassical economics' come from, and is there any connection between any of the current interpretations of the term and its original meaning? How do we make sense of competing current interpretations? Is there a sustainable formulation? These and related questions are raised and answered in an attempt to bring clarity to ongoing economic discussion and debate, thereby to under-labour for a more relevant academic economics discipline. Copyright , Oxford University Press.

Suggested Citation

  • Tony Lawson, 2013. "What is this 'school' called neoclassical economics?," Cambridge Journal of Economics, Oxford University Press, vol. 37(5), pages 947-983.
  • Handle: RePEc:oup:cambje:v:37:y:2013:i:5:p:947-983
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    File URL: http://hdl.handle.net/10.1093/cje/bet027
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    Cited by:

    1. Géraldine THIRY & Philippe ROMAN, 2015. "L’indice de richesse inclusive : l’économie Mainstream au-delà de ses limites, mais en deçà de la soutenabilité ?," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2015001, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    2. Wohlrabe, Klaus & Bornmann, Lutz, 2017. "Normalization of citation impact in economics," MPRA Paper 80384, University Library of Munich, Germany.
    3. repec:ers:journl:v:xx:y:2017:i:3b:p:350-365 is not listed on IDEAS
    4. Parada, Jairo, 2016. "Economia Pluralista para Enfrentar Crisis Contemporanea
      [Pluralist Economics to Confront Recent Crisis]
      ," MPRA Paper 72224, University Library of Munich, Germany, revised 15 May 2016.
    5. repec:ers:journl:v:xx:y:2017:i:3a:p:370-385 is not listed on IDEAS
    6. repec:ums:papers:2014-010 is not listed on IDEAS
    7. Klaus Wälde, 2016. "Emotion Research in Economics," Working Papers 1611, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    8. Nuno Ornelas Martins, 2015. "Why is this ‘school’ called neoclassical economics? Classicism and neoclassicism in historical context," Working Papers de Economia (Economics Working Papers) 01, Católica Porto Business School, Universidade Católica Portuguesa.
    9. Veneziani, Roberto & Yoshihara, Naoki, 2014. "One Million Miles to Go: Taking the Axiomatic Road to Defining Exploitation," Discussion Paper Series 615, Institute of Economic Research, Hitotsubashi University.
    10. Hamid Bouchikhi & John R. Kimberly, 2014. "Micro Processes and Isomorphic Adaptation: Insights from the Struggle for the Soul of Economics at the University of the Holy Spirit," Working Papers hal-00993435, HAL.
    11. Sheila C. Dow, 2014. "The role of belief in the debate over austerity policies," Working Papers PKWP1409, Post Keynesian Economics Study Group (PKSG).
    12. Bouchikhi, Hamid & Kimberly, John R., 2014. "Micro Processes and Isomorphic Adaptation: Insights from the Struggle for the Soul of Economics at the University of the Holy Spirit," ESSEC Working Papers WP1409, ESSEC Research Center, ESSEC Business School.
    13. repec:oup:cambje:v:41:y:2017:i:5:p:1265-1277. is not listed on IDEAS
    14. Jairo Parada Corrales, 2016. "Economía pluralista para enfrentar la crisis contemporánea," REVISTA DE ECONOMÍA DEL CARIBE 014795, UNIVERSIDAD DEL NORTE.
    15. Adem LEVENT, 2016. "Power, Market and Techno-Structure in John Kenneth Galbraith’s Thought," Journal of Social and Administrative Sciences, KSP Journals, vol. 3(2), pages 214-218, June.
    16. Franklin Obeng-Odoom, 2015. "Understanding Land Grabs in Africa: Insights from Marxist and Georgist Political Economics," The Review of Black Political Economy, Springer;National Economic Association, vol. 42(4), pages 337-354, December.
    17. repec:hal:journl:hal-00993435 is not listed on IDEAS
    18. Brian O’Boyle & Terrence McDonough, 2017. "Bourgeois Ideology and Mathematical Economics – A Reply to Tony Lawson," Economic Thought, World Economics Association, vol. 6(1), pages 16-34, March.
    19. Ada MARINESCU, 2016. "Axiomatical examination of the neoclassical economic model. Logical assessment of the assumptions of neoclassical economic model," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(607), S), pages 47-64, Summer.
    20. Mark Setterfield, 2015. "Heterodox economics, social ontology, and the use of mathematics," Working Papers 1503, New School for Social Research, Department of Economics, revised May 2015.
    21. Amitava Krishna Dutt, 2015. "Uncertainty, power, institutions, and crisis: implications for economic analysis and the future of capitalism," Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(1), pages 9-28, January.

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