The Sociology of Heterodox Economics

22 June 2007 at 11:57 pm 3 comments

| Peter Klein |

Tiago Mata’s dissertation, “Dissent in Economics: Making Radical Political Economics and Post Keynesian Economics, 1960-1980″ (LSE, 2005) has received the Joseph Dorfman Best Dissertation award from the History of Economics Society. From the abstract:

The history of dissent in economics has thus far been subject to scant interest. The existing scholarship, authored by dissenters probing their own past, has failed to address the crucial questions of how dissent emerged and rooted itself.

This study is about two dissenting communities, Radical Political Economics and Post Keynesian Economics. I review the circumstances that led to their emergence in the late 1960s and early 1970s. I draw from the histories of religious and scientific dissent to explore the making of the dissenters’ challenge to the economics orthodoxy. Notably, I use the concept of boundary work to analyse the debates between dissenters and mainstream.

Here is Mata’s home page. Here are some previous posts about heterodox economics.

Entry filed under: - Klein -, Methods/Methodology/Theory of Science. Tags: .

Two Essays on Douglass North Philosophy of Social Science 101

3 Comments Add your own

  • 1. Joe Mahoney  |  23 June 2007 at 12:42 am

    I read this note with great interest. The most influential teacher of my undergraduate days at the University of Pennsylvania was post-Keynesian economist Sidney Weintraub. For my intermediate macroeconomics course Professor Weintraub assigned and taught John Maynard Keynes’ General Theory.
    In my second year of graduate school, I also took Professor Weintraub’s doctoral course on the history of economic thought, which he charcterized as: “the history of economic value and the distribution of that value.: Sidney was a very intense thinker and a kind hearted man. He was a very important person in my life’s journey.

  • 2. Peter Klein  |  23 June 2007 at 8:03 am

    My father was friendly with Weintraub’s colleague Paul Davidson, who gave me a copy of his 1988 book Economics for a Civilized Society with the inscription “To Peter Klein, in hopes of converting an Austrian economist to a Post Keynesian economist.” (It didn’t work.)

    Davidson wrote an unflattering review of O’Driscoll and Rizzo’s Economics of Time and Ignorance in the journal Critical Review in 1989, followed by an exchange with David L. Prychitko, Jochen Runde, Christopher Torr, Stephan Boehm, and Karl Farmer over the relationship between Austrian and Post Keynesian economics (can’t find that exchange on-line, unfortunately). Incidentally, Joe, one of Davidson’s complaints in the review is that O’Driscoll and Rizzo use the spelling “post-Keynesian,” while the correct spelling is “Post Keynesian” (a somewhat trivial distinction, one might think).

  • 3. Joe Mahoney  |  23 June 2007 at 1:03 pm

    Paul Davidson received his Ph.D. in Economics at the University of Pennsylvania and Sidney Weitraub was his advisor.

    The economist, E. Roy Weintrab is Sidney Weintraub’s son.

    In terms of the hyphen, well… to use my best English: “UP WITH THIS I WILL NOT PUT.”

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