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Title Reclaiming pluralism in economics : essays in honour of John E. King / edited by Jerry Courvisanos, James Doughney and Alex Millmow
Published London : Routledge, Taylor & Francis Group, [2016]
©2016

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Description 1 online resource
Series Routledge advances in heterdox economics ; 31
Routledge advances in heterodox economics ; 31.
Contents Theme 1: The challenge to reclaim pluralism in economics -- Pluralist economics in my lifetime / John E. King -- Pluralism in economics : challenges by and for heterodoxy / Frank Stilwell -- Consistency in pluralism and the role of microfoundations / Sheila Dow -- Theme 2: The role of history of economic thought in the path to pluralism -- The history of economic thought and its mainstream enemies / Steve Kates -- The history of economics "down under" : repulsing the barbarians at the gate / John Lodewijks -- The influence of the history of economics thought on pluralism : the Cambridge economic tradition and Australian economics / Alex Millmow -- Theme 3: Pluralism begins : classical ideas, yesterday and today -- Reclaiming the "standpoint of the old classical economists" / Heinz D. Kurz -- Problems in Marx's theory of the declining profit rate / James Doughney -- The 'Ricardian' theory of rent : a case study in multiple discovery and its mainstream absorption / Michael Schneider -- On Ricardo and Cambridge / G.C. Harcourt and Peter Kriesler -- Theme 4: Pluralism develops : twentieth century alternatives -- Kalecki on wages : an alternative to Keynes / Jan Toporowski -- Keynes, Kalecki, Sraffa : coherence within pluralism? / Neil Hart and Peter Kriesler -- Post Keynesian price theory with a Schumpeterian twist / Harry Bloch -- Adding a deeper behavioural persective to macroeconomics : the role of George Katona in framing and method / Therese Jefferson -- The 'complexity revolution' seen from a historical and heterodox perspective / Tim Thornton -- Theme 5: Mainstream economics and neoliberalism : resistance to pluralism -- Veblen and the pretensions to 'science' of mainstream economics / Arnaldo Barone -- Neoliberal policy and employer industrial relations strategies in the United States and Australia / Patrick O'Leary -- Neoliberalism after the global financial crisis : a reconsideration / Michael Howard -- Conclusion : the road to reclaiming pluralism in economics -- In from the cold : from heterodoxy to a new mainstream pluralism / Jerry Courvisanos
Summary Until the end of the early 1970s, from a history of economic thought perspective, the mainstream in economics was pluralist, but once neoclassical economics became totally dominant it claimed the mainstream as its own. Since then, alternative views and schools of economics increasingly became minorities in the discipline and were considered 'heterodox'. This book is in honour of John Edward King who has an impressive publication record in the area of economic theory with specific interest in how economic thought in the past shapes current economic theory and enforces certain paths of economic policy and economic development. This book is divided into five themes based on King's interests. The first theme looks at the challenge in trying to reclaim pluralism in economics. The second faces head-on the direct collision of mainstream economics with history of economic thought and heterodox economics. The third addresses classical economic ideas, their central influence in the past and how they can still primarily guide modern pluralist economics. The fourth examines Post Keynesian and Kaleckian economics with a view to providing a more coherent and extensive branch of heterodox economics. The final theme critiques the policy of neoliberalism that has entrenched itself in capitalist economies which have led to financial, industrial, labour, and behavioural/consumerist crises. This text aims to provide a clear path for pluralism to serve the economics discipline as its standard bearer, and to no longer be merely a heterodox challenge to the mainstream. This book is of interest to those who study history of economic thought, political economy and heterodox economics
Bibliography Includes bibliographical references and indexes
Notes Vendor-supplied metadata
Subject Economics -- Philosophy
Pluralism.
pluralism.
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Economics -- Philosophy
Pluralism
Form Electronic book
Author Courvisanos, Jerry, 1949- editor.
Doughney, James, editor.
Millmow, Alex, editor.
ISBN 9781317359876
1317359879
9781317359869
1317359860