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Paradigms and Policies: The state of economics in the german-speaking countries

Author

Listed:
  • Christian Grimm
  • Jakob Kapeller
  • Stephan Puehringer

Abstract

This paper studies the research interests, paradigmatic orientation and political orientation of about 700 full professors of economics at universities located in German-speaking countries. In doing so, we captured biographical and institutional information on these professorships by collecting data from personal and professional websites as well as publicly available CVs to derive indicators on the research orientation, the paradigmatic stance and the political involvement. The main contribution of this paper, hence, is empirical in nature. It documents the fairly homogenous paradigmatic stance of German-speaking academic economics, as criticized in recent debates on pluralism in economics, but also identifies venues of change within the existing paradigmatic setup. Furthermore, we show that a big share of German economists, active in economic policy advice bodies have institutional connections to the ordoliberal research program. This politico-ideological conjunction thus provides a possible explanation for the "German special path" in economic policy after the financial crisis.

Suggested Citation

  • Christian Grimm & Jakob Kapeller & Stephan Puehringer, 2018. "Paradigms and Policies: The state of economics in the german-speaking countries," ICAE Working Papers 77, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
  • Handle: RePEc:ico:wpaper:77
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    Cited by:

    1. Corsi, Marcella & D’Ippoliti, Carlo & Zacchia, Giulia, 2019. "Diversity of backgrounds and ideas: The case of research evaluation in economics," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    2. Theine, Hendrik, 2019. "The media coverage of wealth and inheritance taxation in Germany," Department of Economics Working Paper Series 290, WU Vienna University of Economics and Business.
    3. Pühringer, Stephan & Ötsch, Walter, 2019. "Die Wirkmacht der "Liebe zum Markt": Zum anhaltenden Einfluss ordoliberaler ÖkonomInnen-Netzwerke in Politik und Gesellschaft," Working Paper Series Ök-45, Cusanus Hochschule für Gesellschaftsgestaltung, Institut für Ökonomie.
    4. Hendrik Theine, 2019. "The media coverage of wealth and inheritance taxation in Germany," Department of Economics Working Papers wuwp290, Vienna University of Economics and Business, Department of Economics.

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    Keywords

    socio-economics; economic sociology; institutions; economic thought; Germany;
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