Heterodox
Apparently, many mainstream economists assert that anything worthwhile in economics will be published in one of a few journals. The following is a selection of some articles from these well-respected journals, as I understand it: American Economic Review Donald J. Harris. 1973. Capital, distribution, and the aggregate production function. AER. 63(1): 100-113. David Laibman and Edward J. Nell. 1977. Reswitching, Wicksell effects, and the neoclassical production function. AER, 67(5): 878-888. Economica Murray Milgate. 1976. On the origin of the notion of ‘intertemporal equilibrium’. Economica. New series 46(181): 1-10. Journal of Economic Literature G. C. Harcourt. 1969. Some Cambridge controversies in the theory of capital. JEL. 7(2): 369-405 A.
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Apparently, many mainstream economists assert that anything worthwhile in economics will be published in one of a few journals. The following is a selection of some articles from these well-respected journals, as I understand it:
- American Economic Review
- Donald J. Harris. 1973. Capital, distribution, and the aggregate production function. AER. 63(1): 100-113.
- David Laibman and Edward J. Nell. 1977. Reswitching, Wicksell effects, and the neoclassical production function. AER, 67(5): 878-888.
- Economica
- Murray Milgate. 1976. On the origin of the notion of ‘intertemporal equilibrium’. Economica. New series 46(181): 1-10.
- Journal of Economic Literature
- G. C. Harcourt. 1969. Some Cambridge controversies in the theory of capital. JEL. 7(2): 369-405
- A. S. Eichner and Jan Kregel. 1975. Post-Keynesian economic theory: a new paradigm in economics? JEL. 13: 1293-1314.
- Amartya Sen. 2003. Sraffa, Wittgenstein, and Gramsci. JEL 41(4): 1240-1255.
- Journal of Economic Perspectives
- Paul Davidson. 1991. Is probability theory relevant for uncertainty? A Post Keynesian perspective. JEP 5(1): 129-143.
- Julie A. Nelson. 1995. Feminism and economics. JEP. 9(2): 131-148.
- Avi J. Cohen and G. C. Harcourt. 2003. Whatever happened to the Cambridge capital theory controversies? JEP 17(1): 199-214.
- Journal of Economic Theory
- Alain Lipietz. 1982. The so-called ‘transformation problem’ revisited. JET. 26(1): 59-88.
- Quarterly Journal of Economics
- Michael Bruno, Edwin Burmeister, and Eytan Sheshinski. 1966. The nature and implications of the reswitching of techniques. QJE. 80(4): 526-533.
- Paul A. Samuelson. 1966. A summing up. QJE. 80(4): 568-583.
- John Eatwell. 1975. Mr. Sraffa’s standard commodity and the rate of exploitation. QJE. 89(4): 1975.
- Review of Economic Studies
- Joan Robinson. 1953-1954. The production function and the theory of capital. RES. 21(2): 81-106.
- Pierangelo Garegnani. 1970. Heterogeneous capital, the production function and the theory of distribution. RES. 37(3): 407-436.
- Review of Economics and Statistics
- Anwar Shaikh. 1974. Laws of production and laws of algebra: the humbug production function. REandS. 56(1): 115-120.
What I get out of this is that much of what is taught in mainstream microeconomics and macroeconomics is without theoretical and empirical foundation. Alternatives, such as Post Keynesianism, exist. Karl Marx's work is of interest to modern economists. These results were established decades ago.