✕
RETHINK
ECONOMICS
RETHINK
ECONOMICS
... and receive personalised notifications on
new pluralistic content directly into your inbox!

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: Austrian Economics, Behavioral Economics, Complexity Economics, Ecological Economics, Evolutionary Economics, Feminist Economics, Institutionalist Economics, Marxian Political Economy, Other, Post-Keynesian Economics
Topic: Reflection of Economics
Format: Working Paper
Link: http://hdl.handle.net/10419/146949

Photo by Nathan Dumlao on Unsplash

Exploring Economics Working Paper Selection

We collect and republish selected Working Papers and Journal Articles on Exploring Economics.

Learn more

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

Read here

 

Stay tuned!

Subscribe to our newsletter to learn about new debates, conferences and writing workshops.

Subscribe!

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

This material has been suggested and edited by:

Samuel Decker
Tags: heterodoxy | history of economic thought | history of economics | mainstream critique | pluralist economics | sociology | Sociology of Science | Working Paper

Related content

As part of the 2019/2020 Exploring Economics Experience, one of our supporters Prof. Steve Keen gave a presentation to our editorial team. Read more
2020
Level: expert
The foundations of monetary macroeconomics - Steve Keen | Exploring Economics Global Lecture
Steve Keen
Exploring Economics
Das Dezernat Zukunft hatte in diesem Webinar Stefan Eich als Gesprächsgast eingeladen, um über dessen druckfrisch-erschienenes Buch: “The Currency of Politics: The Political Theory of Money from Aristotle to Keynes” (Princeton University Press, 2022), damit sowohl über die historische Rolle von Geldsystemen als politische Institutionen, als auch über die zukünftigen …
2022
Level: advanced
The Currency of Politics - Open House Webinar mit Stefan Eich
Stefan Eich
Dezernat Zukunft
What data is used in the economic models of the IPCC? How problematic is it, that tipping points are often ignored? A very interesting presentation by Steve Keen during the OECD Conference "Averting Systemic Collapse".
2019
Level: beginner
Averting Systemic Collapse
Steve Keen
ZOE. Institute for future-fit economies
Tom Palley provides a very clear and insightful description of the post-Keynesian school of economics by tracing back its connections to the different historical schools of thought.
2015
Level: beginner
Post-Keynesian Economics through the Lens of History of Thought - Introductory lectures on heterodox economics
Tom Palley
IMK
Zuerst kritisiert Prof. Krämer die moderne Makroökonomik mit repräsentativen Agenten. Dann gibt er einen Überblick zu den Denkschulen der Makroökonomik seit Keynes. Es folgt eine Kritik an der Mikrofundierung und zum Schluss werden noch ein paar Beispiele heterodoxer bzw. Post Keynesianischer Makro erläutert.
2015
Level: advanced
Von John Maynard Keynes zu "Modern Macro"
Hagen Krämer
Netzwerk Plurale Ökonomik
This paper investigates how the concept of public purpose is used in Modern Monetary Theory (MMT). As a common denominator among political scientists, the idea of public purpose is that economic actions should aim at benefiting the majority of the society. However, the concept is to be considered as an ideal of a vague nature, which is highly dependent on societal context and, hence, subject to change over time. MMT stresses that government spending plans should be designed to pursue a certain socio-economic mandate and not to meet any particular financial outcome. The concept of public purpose is heavily used in this theoretical body of thought and often referred to in the context of policy proposals as the ideas of universal job guarantee and banking reform proposals show. MMT scholars use the concept as a pragmatic benchmark against which policies can be assessed. With regards to the definition of public propose, MMT scholars agree that it is dependent on the social-cultural context. Nevertheless, MMT scholars view universal access to material means of survival as universally applicable and in that sense as the lowest possible common denominator.
2020
Level: advanced
Modern Monetary Theory and the public purpose
Dirk H. Ehnts, Maurice Höfgen
Institute for International Political Economy Berlin

Donate

This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.

 

Donate