Friday, September 15, 2006

Has economics grown up?

Neoclassical economics no longer dominates a mainstream economics as it once did. Is the neoclassical economics research programme breaking down, being supplanted by other research programmes - or are we simply seeing a new maturity in economics?

John Davis considers the issue in the latest Journal of Institutional Economics. His article The turn in economics: neoclassical dominance to mainstream pluralism? (PDF) is available to download. Here is the abstract:...more>>