Pluralism in economics: Difference between revisions
mNo edit summary |
mNo edit summary |
||
| Line 148: | Line 148: | ||
| accessdate = 2014-05-07 }} |
| accessdate = 2014-05-07 }} |
||
</ref> |
</ref> |
||
<ref name=" |
<ref name="pluralism of theories and methods"> |
||
{{cite web |
{{cite web |
||
| author = John Komlos |
| author = John Komlos |
||
Revision as of 14:28, 11 June 2014
The pluralism in economics movement is a campaign to eliminate monism in economics. The movement's adherents have stated that substantive and methodological monism currently dominates mainstream economics.
In the past, economics had greater scientific pluralism, according to Dalen.[1] The underlying methodology of economic studies is monist, according to one statement.[2][3] A confederation for pluralism has encouraged the inclusion of a wide variety of neoclassical and heterodox economic theories - including Austrian, feminist, Marxian, institutional, social, and evolutionary economics, stating that "each tradition of thought adds something unique and valuable to economic scholarship."[4]
The current movement for pluralism arose in the 1990s. In 1992, a petition was published as a paid advertisement in the American Economic Review. This petition described itself as a "plea for a pluralistic and rigorous economics" [5] and was preceded by a commission of the American Economics Association, called ‘Report by the Commission on Graduate Education’. [6] Many critics of mainstream economics began to describe themselves as proponents of pluralism; they formed groups or organizations such as The International Confederation of Associations for Reform in Economics (ICARE).[7] Later, French students announced a "post-autistic economics" movement; [8] a "rebellion" of students at the École Normale Supérieure happened in 2000; [9] Cambridge students organised a petition in 2001; [10] FEED organised a plea in 2009 with over 2,000 signatures in the first month; [11] Paul Krugman and Richard Layard organised a 'Manifesto For Economic Sense' in 2012; [12] Post-Crash Economics Society Manchester published a petition in November 2013; [13] UK student groups published a draft manifesto in April 2014; [14] and at Manchester in April 2014, the economics department rejected a course devised by the Post-Crash Economics Society called 'Bubbles, Panics and Crashes: an Introduction to Alternative Theories of Crisis'.[15]
Some critics of mainstream economics have called for "reform" in the past. For example, ICAPE was originally ICARE but replaced the R ("reform") with P ("pluralism") stating that "'reform' ... does not properly characterize the nature or purpose of our organization..."[7] On May 5th 2014, economics students from 19 countries published an 'international student letter' [16] and formed ISIPE, calling for 'a pluralism of theories and methods' so that economics students 'understand the broader social impacts and moral implications of economic decisions'. [17] [18]
See also
References
- ^
Hendrik P. Dalen (2003-05-11). "Pluralism in Economics: A Public Good or a Public Bad?". 03-034/1. Tinbergen Institute Discussion Papers.
{{cite journal}}: Cite journal requires|journal=(help) - ^
"Policy Implications of Post-Autistic Economics". Post-Autistic Economics Network. 2006-10-09. Retrieved 2007-05-25.
{{cite web}}: Cite has empty unknown parameter:|coauthors=(help) - ^
Peter, Monaghan (2003-01-24). "Taking On 'Rational Man'". The Chronicle of Higher Education. Retrieved 2007-05-25.
{{cite news}}: Cite has empty unknown parameter:|coauthors=(help) - ^
"ICAPE home". International Confederation of Associations for Pluralism in Economics. Retrieved 2007-05-25.
{{cite web}}: Cite has empty unknown parameter:|coauthors=(help) - ^ "A Plea for a Pluralistic and Rigorous Economics", American Economic Review, 82(2): xxv.
- ^ Krueger, A.O. Arrow, K.J. et al (1991). "Report of the commission on graduate education in economics", Journal of Economic Literature, 29(3): 1035-1053.
- ^ a b "ICAPE - History". International Confederation of Associations for Pluralism in Economics. Retrieved 2007-05-25.
- ^ Fullbrook, Edward (2003). The Crisis in Economics: The post - autistic economics movement: the first 600 days. Routledge. ISBN 978-0415308984.
- ^ Hayes, Christopher (2007-06-11). "The Hip Heterodoxy". The Nation.
- ^
The Cambridge 27 (2001-07). "Opening Up Economics". Post-autistic Economics Newsletter. Retrieved 2014-04-29.
{{cite web}}: Check date values in:|date=(help)CS1 maint: numeric names: authors list (link) - ^
FEED (2009-09). "Mistaking Mathematical Beauty for Economic Truth". FEED. Retrieved 2014-04-30.
{{cite web}}: Check date values in:|date=(help) - ^ Safdar, Khadeeja (2012-06-28). "Paul Krugman Asks Economists To Sign 'Manifesto For Economic Sense'". Huffington Post. Retrieved 2014-04-30.
- ^
Post-Crash Economics Society Manchester (2013-11). "Revise the University of Manchester's Economic Syllabus". Post-Crash Economics Society Manchester. Retrieved 2014-04-29.
{{cite web}}: Check date values in:|date=(help) - ^
Rethinking Economics (2014-04). "Draft Manifesto: A direction for the reform of economics education". Rethinking Economics. Retrieved 2014-04-29.
{{cite web}}: Check date values in:|date=(help) - ^ Jones, Claire (2014-04-08). "Students' hopes dashed over 'crash' course in economics teaching". Financial Times. Retrieved 2014-04-29.
- ^ ISIPE (2014-05-05). "International Student Letter". ISIPE. Retrieved 2014-05-07.
- ^ Claire Jones (2014-05-05). "Economics students of the world, unite!". Financial Times Money Supply Blog. Retrieved 2014-05-07.
- ^ John Komlos (2014). "WHAT EVERY ECONOMICS STUDENT NEEDS TO KNOW but doesn't get in the usual principles text". M.E. Sharp. Retrieved 2014-06-11.