Heterodox
As much as there has been an institutional turn in mainstream economics, since the 1980s, which is not completely dissociated from the anti-Keynesian turn that started in the 1970s and led to the segregation of heterodox groups within the profession, there has been a poverty-turn in the development economic literature, as noted by Jayati Ghosh.Particularly important in this shift is that:"Macroeconomic processes are entirely ignored: patterns of trade and economic activity that determine...
Read More »Jayati Ghosh on the Poverty-turn in Development Economics
