Sunday, April 13, 2014

The Association for Heterodox Economics thinks INET is marginalizing heterodox economics

"Our main concern is that the positive potential of INET is steadily being closed down. What began as recognition of fundamental problems that require fundamental change is becoming a more modest set of alterations. A sense of failure is, for all intents and purposes, being translated into a context of relative success requiring more limited changes – though these are still being seen as significant. Part of the reason that they are seen as significant is that changes from within mainstream economics do not have to be major in order to appear radical. It is our contention that heterodox economics is being marginalised in this process of ‘change’ and that this is to the detriment of the positive potential for transforming the discipline."
 Worth reading. But can say I'm too surprised though. See my previous post on INET's project of rethinking economics.

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Surplus approach, Historical Materialism, and precapitalist economies:

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