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This article discusses the development of 'heterodox' economics at universities in Germany since the 1970s. Based on Lakatos' concept of scientific research programmes (SRP), the article introduces a classification of economics in order to clarify the understanding of variety within economics,...
Persistent link: https://www.econbiz.de/10011544382
[Introduction] Economics is in considerable disarray. Neoclassical orthodoxy still remains the ‘normal science’ standard procedure and provides the foundation for economic education. However, for some time now many economists have claimed that its scientific research programme as a...
Persistent link: https://www.econbiz.de/10011575697
In the context of ongoing criticisms of the lack of pluralism in economics, the present article aims to discuss the development of 'heterodox' economics since the 1970s. Following Lakatos's concept of scientific research programs (srp), and concentrating on the situation in Germany, the article...
Persistent link: https://www.econbiz.de/10010520552
The economic science has - lamented by some, applauded by others - turned into a monistic discipline. In this short research note, a socio-economic answer to the question of why this happened is provided by combining an economic approach to the market for economic ideas with a sociological...
Persistent link: https://www.econbiz.de/10011480369
The state of contemporary economics had been a subject of discussion even before the most recent global financial crisis. The one-sidedness of the discipline has frequently been lamented and calls are often made for its pluralisation. Nevertheless, there is neither a consensus over the form of...
Persistent link: https://www.econbiz.de/10011480370
Persistent link: https://www.econbiz.de/10010304394
[Introduction] Over the past three decades, a small but very productive Post-Keynesian and Marxian research community has engaged in the elaboration of a scientific research programme (SRP) that has come to be known as wage and profit-led regime research.1 In dozens of journal articles in almost...
Persistent link: https://www.econbiz.de/10012098795
The Great Recession after 2008 did not turn out to be as deep and severe as the Great Depression of the 1930s. According to the European Commission, this positive result is due to the fact that economic policy-makers around the world learnt their lessons from the Great Depression in stabilizing...
Persistent link: https://www.econbiz.de/10010309823