A Guide to Paradigmatic Self-Marginalization: Lessons for Post-Keynesian Economists
While many heterodox economists hope that the recent financial crisis will lead to paradigmatic change in economics, we argue that path-dependent processes and institutional factors within the economic community hinder such a change. Focusing on the citation behavior of economists in heterodox journals in general and in Post-Keynesian journals in particular, we discuss structural reasons—connected to positive feedback mechanisms within the institutional framework of the economics discipline—for the marginalization of heterodox economic thought.
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Volume (Year): 24 (2012)
Issue (Month): 3 (July)
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