The False Neutrality of the Neoclassical Theory: Feminist, Anthropological, Evolutionary and Ecological Critiques
The article argues that many failures of economic policies, especially in the developing world, are accountable to the methodological biases of the underlying mainstream economic science. While the new institutional and development economics have substantially improved economic models, they still rely on the neoclassical assumptions of methodological individualism and utilitarism. Therefore, they cannot fully grasp the gender and cultural aspects of the societies living in developing countries, the dynamic character of their economies and their embedment in the natural, social and institutional environment. These scientific biases are analysed from the standpoint of four heterodox economic schools: those of feminist economics, evolutionary economics, ecological economics, and economic anthropology. The subsequent failure of the economic policies is documented by the cross-cutting example of the Structural Adjustment Programmes of the Bretton Woods institutions. The article concludes by emphasizing the common points of the heterodox schools and advocating for a methodological plurality in the Czech economic research and education.
Volume (Year): 2011 (2011)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: |
Phone: (02) 24 09 51 11
Fax: (02) 24 22 06 57
Web page: http://www.vse.cz/
More information through EDIRC
|Order Information:|| Postal: Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3|
Web: http://www.vse.cz/polek/ Email:
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.:
- Becker, Gary S, 1993. "Nobel Lecture: The Economic Way of Looking at Behavior," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 385-409, June.
- Colander, David, 2000.
"The Death of Neoclassical Economics,"
Journal of the History of Economic Thought,
Cambridge University Press, vol. 22(02), pages 127-143, June.
- George J. Stigler, 1950.
"The Development of Utility Theory. II,"
Journal of Political Economy,
University of Chicago Press, vol. 58, pages 373.
- Julie Nelson, 2004. "Freedom, Reason, and More: Feminist economics and human development," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 5(3), pages 309-333.
- Nancy Folbre & Julie A. Nelson, 2000. "For Love or Money--Or Both?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 123-140, Fall.
- Blaug, M., 1998. "The Formalist Revolution of What Happened to Orthodox Economics After World War II," Discussion Papers 9810, Exeter University, Department of Economics.
- Chen, Shaohua & Ravallion, Martin, 2007. "Absolute poverty measures for the developing world, 1981-2004," Policy Research Working Paper Series 4211, The World Bank.
- Jeroen Bergh, 2007.
"Evolutionary thinking in environmental economics,"
Journal of Evolutionary Economics,
Springer, vol. 17(5), pages 521-549, October.
- Becker, Gary S & Lewis, H Gregg, 1973. "On the Interaction between the Quantity and Quality of Children," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages S279-88, Part II, .
- Julie A. Nelson, 1995. "Feminism and Economics," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 131-148, Spring.
When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2011:y:2011:i:3:id:794:p:329-344. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Vaclav Subrta)
If references are entirely missing, you can add them using this form.