The Death of Neoclassical Economics

Author:

Colander David

Abstract

The term “neoclassical economics” was born in 1900; in this paper I am proposing economist-assisted terminasia; by the powers vested in me as president of the History of Economics Society, I hereby declare the term neoclassical economics dead. Let me be clear about what I am sentencing to death—it is not the content of neoclassical economics. As I will discuss below, it is difficult to determine what that content is, and even if I wanted to kill the content, I have no role in determining content. The role of historians of thought is to record, not determine, content. What I am declaring dead is the term.

Publisher

Cambridge University Press (CUP)

Subject

History and Philosophy of Science,General Economics, Econometrics and Finance,General Arts and Humanities

Reference32 articles.

1. Blaug Mark . 1998. “The Formalist Revolution or What Happened to Orthodox Economics After World War II.” 98/10 Discussion Paper in Economics. University of Exeter (October).

2. Marx K. 1847. The Misery of Philosophy.

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