Development of heterodox economics at public German universities since the 1970s

Development of heterodox economics at public German universities since the 1970s
Sebastian Thieme, Arne Heise
Zentrum für Ökonomische und Soziologische Studien, Universität Hamburg, 2016
Level: beginner
Perspectives: Behavioral Economics, Austrian Economics, Marxian Political Economy, Feminist Economics, Institutionalist Economics, Post-Keynesian Economics, Complexity Economics, Evolutionary Economics, Ecological Economics, Other
Topic: history of economic thought, mainstream critique, Sociology of Science
Format: Working paper/Journal article
Link: http://hdl.handle.net/10419/146949

Photo by Nathan Dumlao on Unsplash

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Development of heterodox economics at public German universities since the 1970s

Sebastian Thieme, Arne Heise | 2016

 

Abstract: 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, especially in the case of Germany. Based on this classification and taking into account the different kinds of capital (economic, social and symbolic) available to heterodox economists, this article aims to show how heterodox economics in Germany has developed from the early 1970s until the present day. It will be shown that the heterodox schools expanded in the 1970s, but marginalisation took hold again by the 1980s and ultimately left German heterodox economics in a state of near-extinction today. From this, it follows that the history of heterodoxy in Germany is an unequal 'battle of the paradigms', and can only be told as the story of a failure.

Key words: heterodox economics, pluralisation, philosophy of science, sociology of science, Germany

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