Posts tagged hetrodox economics

On ‘heterodox’ macroeconomics

Medium, economics, macroeconomics, hetrodox economics

The term ‘heterodox economics’ is a difficult one. I dislike it and resisted adopting it for some time: I would much rather be ‘an economist’ than ‘a heterodox economist’. But it is clear that unless you accept — pretty much without criticism — the assumptions and methodology of the mainstream, you will not be accepted as ‘an economist’. This was not the case when Joan Robinson debated with Solow and Samuelson, or Kaldor debated with Hayek. But it is the case today.

via https://medium.com/@jomicheII/on-heterodox-macroeconomics-bcbad99ff34