Tag Archives: Heterodox Economics

[H]eterodox economists need to be more active in challenging the dominance and anti-intellectual behavior of mainstream economics and economists. Not being respectable, standing up and just saying NO, pursuing heterodox research, and working with and through groups that are not part of the social-political-economic elite to promote better social-economics policies that benefit the non-elite are just some of the things heterodox economists can do. Of course, such behavior is frown upon,...

Esteban Pérez Caldentey has just published a new book on Roy Harrod for the collection edited by Anthony Thirlwall. From the description: This landmark book describes and analyzes the original contributions Sir Roy Harrod made to fields including microeconomics, macroeconomics, international trade and finance, growth theory, trade cycle analysis and economic methodology. Harrod’s prolific writings reflect an astounding and unique intellectual capacity, and a wide range of interests. He...

MMT to the rescue. Sojourners No More Economic Malpractice: African-American Faith Leaders Take On The Establishment Delman Coates See also VOXA generation of economists helped get us into this mess. A new generation can get us out. Jared Bernstein | Senior Fellow at the Center on Budget and Policy Priorities and former Chief Economist and Economic Adviser to Vice President Joe Biden in the Obama Administration

Geoff Schneider sent a reminder that the deadline (9/4) for the ICAPE call for papers, for the San Diego conference next January 5 and 6, is just a couple of weeks away. See details for submitting a paper, panel or workshop proposal. in the following link. The main topic is Policy, Politics and Pluralism: Pluralistic economics for the post-Trump era. As we approach the 2020 elections, it is an opportune time for heterodox economists to articulate their vision for modern economic...

The presntation for the lecture at Universidad Computense (Madrid 24-4-2019) can be downloaded from the following sites: https://www.academia.edu/38916945/CONCEPTS_OF_STRUCTURAL_CHANGE_MAINSTREAM_HETERODOX_AND_MARXIST_CONCEPTIONS_AND_THE_GREEK_CRISIS https://www.scribd.com/document/407446210/Concepts-of-Structural-Change-lecture-in-Universidad-Computense-Madrid-2019...

So it was great that I had been invited to present the case for the contribution of Marxist economics, along with Carolina Alves, the Joan Robinson fellow at Girton College, Cambridge. In my presentation (see my PP here The contribution of Marxian economics), I outlined the differences in theory and policy, both micro and macro between mainstream neoclassical economics, the heterodox alternatives (Keynesian, post-Keynesian, institutional and Austrian) and the Marxist. I see this as three...

By Al Campbell, Ann Davis, David Fields, Paddy Quick, Jared Ragusett and Geoffrey Schneideroriginally posted hereIntroduction Ten years after the financial crisis, we still find mainstream economists engaging in overly simplistic analysis that does not accurately capture the dynamics of the real world. People studying economics need to know that the principles of mainstream economics are hopelessly unrealistic. In this short article, we demonstrate that the ten principles of...

I blogged about journal rankings a while ago. As I said back then, journal rankings matter in decisions about grants and academic promotions, and there are biases against heterodox journals. So even if there are many problems with those measures (read previous post), they are still relevant. The Review of Keynesian Economics (ROKE), founded by Tom Palley, Louis-Philippe Rochon (now at ROPE) and myself, has now an impact factor of 0.738 in last year’s Clarivate Report (Thomson-Reuters...

While the mainstream is defined by an insistence on method, the heterodoxy is defined by a concern with reality. What is so powerful about the conception, and what seems to have been almost entirely ignored, is what comes next. The implication of Lawson’s conception is that heterodox economics encompasses all those researchers that desire to study economic phenomena in accordance with our best understanding of how social phenomena exist. What method they decide to use is not a factor in...

From Geoff Schneider ICAPE's Executive Director: Proposals for papers, workshops and panels at ICAPE are due Tuesday, September 4th. I hope you can join us for this conference that brings together all of the heterodox perspectives.Information below. International Confederation of Associations for Pluralism in Economics (ICAPE) Call for Papers, Panels and Workshops Agnes Scott College, Atlanta, GA January 3, 2019, 7:00 AM to 5:00 PM Gender, Race, Class and Crises:...