Concensus, Dissensus and Economic Ideas: The Rise and Fall of Keynesianism During the Economic Crisis
We provide a very different way to think about how consensus may arise. We deliberately skimp on the micro-processes of persuasion usually emphasized in constructivist accounts, instead highlighting the structural aspects of the cross-national networks through which experts communicate with each other. Specifically, we treat the spread of ideas within the relevant community of experts as a process of contagion, similar in many respects to the spread of an infectious disease. We also examine how such processes may lead to expert dissensus as well as consensus, and how this affects the power of ideas. If ideational consensus plays a key role in underpinning global financial orders, then we need to understand how such consensuses are generated, maintained and challenged. If we wish to understand the current politics of non-consensus, we need to move beyond the existing literature to evaluate the consequences of dissensus for economic order. We provide an account that does both, and, more speculatively, draws general conclusions about the consequences of ideas for international economic orders.
|Date of creation:||09 Dec 2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +61 7 3365 6570
Fax: +61 7 3365 7299
Web page: http://www.uq.edu.au/economics/index.html
More information through EDIRC
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.:
- Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010.
"Rethinking Macroeconomic Policy,"
Journal of Money, Credit and Banking,
Blackwell Publishing, vol. 42(s1), pages 199-215, 09.
- Ana Rute Cardoso & Paulo Guimarães & Klaus F. Zimmermann, 2010.
"Trends in economic research: An international perspective,"
UFAE and IAE Working Papers
832.10, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Ana Rute Cardoso & Paulo Guimar�es & Klaus F. Zimmermann, 2010. "Trends in Economic Research: An International Perspective," Kyklos, Wiley Blackwell, vol. 63(4), pages 479-494, November.
- Cardoso, Ana Rute & Guimaraes, Paulo & Zimmermann, Klaus F., 2010. "Trends in Economic Research: An International Perspective," IZA Discussion Papers 4785, Institute for the Study of Labor (IZA).
- Ana Rute Cardoso & Paulo Guimarães and Klaus F. Zimmermann, 2010. "Trends in Economic Research: An International Perspective," Working Papers 463, Barcelona Graduate School of Economics.
- N. Gregory Mankiw, 2006.
"The Macroeconomist as Scientist and Engineer,"
Harvard Institute of Economic Research Working Papers
2121, Harvard - Institute of Economic Research.
- N. Gregory Mankiw, 2006. "The Macroeconomist as Scientist and Engineer," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 29-46, Fall.
- N. G. Mankiw., 2009. "The Macroeconomist as Scientist and Engineer," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 5.
- Alberto Alesina & Silvia Ardagna, 2010.
"Large Changes in Fiscal Policy: Taxes versus Spending,"
in: Tax Policy and the Economy, Volume 24, pages 35-68
National Bureau of Economic Research, Inc.
- Alberto F. Alesina & Silvia Ardagna, 2009. "Large Changes in Fiscal Policy: Taxes Versus Spending," NBER Working Papers 15438, National Bureau of Economic Research, Inc.
- Ruggie, John Gerard, 1982. "International regimes, transactions, and change: embedded liberalism in the postwar economic order," International Organization, Cambridge University Press, vol. 36(02), pages 379-415, March.
- Alan S. Blinder, 2004. "The Case Against the Case Against Discretionary Fiscal Policy," Working Papers 102, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Carpenter, R. Charli, 2007. "Studying Issue (Non)-Adoption in Transnational Advocacy Networks," International Organization, Cambridge University Press, vol. 61(03), pages 643-667, July.
When requesting a correction, please mention this item's handle: RePEc:ags:uqsers:151527. 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: (AgEcon Search)
If references are entirely missing, you can add them using this form.