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Title:Conversation or monologue? On advising heterodox economists PDF Logo
Authors:Vernengo, Matías
Issue Date:2009
Series/Report no.:Working Paper, University of Utah, Department of Economics 2009-11
Abstract:This paper suggests that heterodox economists should not think of themselves as economists first, and only secondarily as heterodox, and must emphasize methodological issues, in particular the different assumptions (or axioms) implicit in their theories vis-àvis the mainstream. The paper argues that the notion of a cutting edge of the mainstream, which is breaking up with orthodoxy, is misleading. The role of the cutting edge is to allow the mainstream to sound reasonable when talking about reality, while orthodoxy provides authority to the cutting edge. The cutting edge is essential for the mainstream and remains firmly based on orthodox grounds.
Subjects:methodology
heterodox economics
JEL:B41
B59
Document Type:Working Paper
Appears in Collections:Department of Economics Working Paper Series, University of Utah

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