IDEAS home Printed from https://ideas.repec.org/a/mes/challe/v55y2012i6p67-87.html
   My bibliography  Save this article

Panglossian Economics

Author

Listed:
  • Ann Davis

Abstract

Economic theory is in crisis, though many mainstream economists deny it. But a wide range of heterodox critics are beginning to strike a nerve. Some advocate that the mainstream consensus must be broken down to allow pluralistic and competing views. But is this enough? Ann E. Davis summarizes the critiques of the day in search of a better answer.

Suggested Citation

  • Ann Davis, 2012. "Panglossian Economics," Challenge, Taylor & Francis Journals, vol. 55(6), pages 67-87.
    • Handle: RePEc:mes:challe:v:55:y:2012:i:6:p:67-87
    DOI: 10.2753/0577-5132550604
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2753/0577-5132550604
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.2753/0577-5132550604?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Karla Hoff & Joseph E. Stiglitz, 2010. "Equilibrium Fictions: A Cognitive Approach to Societal Rigidity," American Economic Review, American Economic Association, vol. 100(2), pages 141-146, May.
    2. Poovey, Mary, 2008. "Genres of the Credit Economy," University of Chicago Press Economics Books, University of Chicago Press, number 9780226675336, December.
    3. Elinor Ostrom, 2010. "Beyond Markets and States: Polycentric Governance of Complex Economic Systems," American Economic Review, American Economic Association, vol. 100(3), pages 641-672, June.
    4. McCloskey, Deirdre Nansen, 2006. "The Bourgeois Virtues," University of Chicago Press Economics Books, University of Chicago Press, number 9780226556635, December.
    5. Tony Lawson, 2009. "The current economic crisis: its nature and the course of academic economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(4), pages 759-777, July.
    6. Wallis, John Joseph, 2011. "Institutions, organizations, impersonality, and interests: The dynamics of institutions," Journal of Economic Behavior & Organization, Elsevier, vol. 79(1), pages 48-64.
    7. Poovey, Mary, 2008. "Genres of the Credit Economy," University of Chicago Press Economics Books, University of Chicago Press, number 9780226675329.
    8. Wallis, John Joseph, 2011. "Institutions, organizations, impersonality, and interests: The dynamics of institutions," Journal of Economic Behavior & Organization, Elsevier, vol. 79(1-2), pages 48-64, June.
    9. DeMartino, George F., 2011. "The Economist's Oath: On the Need for and Content of Professional Economic Ethics," OUP Catalogue, Oxford University Press, number 9780199730568.
    10. Sheila C. Dow, 2011. "Heterodox economics: history and prospects," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 35(6), pages 1151-1165.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ann E. Davis, 2013. "Panglossian Paradox: How Paradigmatic Purity Compromises Policy Effectiveness," Forum for Social Economics, Taylor & Francis Journals, vol. 42(4), pages 346-358, November.
    2. Lee J. Alston & Marcus André Melo & Bernardo Mueller & Carlos Pereira, 2016. "A Conceptual Framework for Understanding Critical Transitions," NBER Working Papers 22144, National Bureau of Economic Research, Inc.
    3. Bruszt, Laszlo & Campos, Nauro F., 2018. "Economic Integration and State Capacity: Evidence from the Eastern Enlargement of the European Union," IZA Discussion Papers 11782, Institute of Labor Economics (IZA).
    4. Eric Hilt, 2016. "Corporation Law and the Shift toward Open Access in the Antebellum United States," NBER Chapters, in: Organizations, Civil Society, and the Roots of Development, pages 147-177, National Bureau of Economic Research, Inc.
    5. Stephen Broadberry & John Wallis, 2017. "Growing, Shrinking and Long Run Economic Performance: Historical Perspectives on Economic Development," Oxford Economic and Social History Working Papers _154, University of Oxford, Department of Economics.
    6. Andrew T. Young, 2017. "How the City Air Made Us Free: The Self-Governing Medieval City and the Bourgeois Revaluation," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Winter 20), pages 31-47.
    7. Taylor C. Nelms, 2012. "The Zombie Bank And The Magic Of Finance," Journal of Cultural Economy, Taylor & Francis Journals, vol. 5(2), pages 231-246, May.
    8. Czap, Natalia V. & Czap, Hans J. & Khachaturyan, Marianna & Lynne, Gary D. & Burbach, Mark, 2012. "Walking in the shoes of others: Experimental testing of dual-interest and empathy in environmental choice," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 642-653.
    9. Braun, Benjamin, 2016. "Speaking to the people? Money, trust, and central bank legitimacy in the age of quantitative easing," MPIfG Discussion Paper 16/12, Max Planck Institute for the Study of Societies.
    10. Alissa G. Karl, 2013. "‘Bank Talk,’ Performativity And Financial Markets," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(1), pages 63-77, February.
    11. Saras D. Sarasvathy & Sankaran Venkataraman, 2011. "Entrepreneurship as Method: Open Questions for an Entrepreneurial Future," Entrepreneurship Theory and Practice, , vol. 35(1), pages 113-135, January.
    12. Benito Arruñada, 2012. "Property as an economic concept: reconciling legal and economic conceptions of property rights in a Coasean framework," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 59(2), pages 121-144, July.
    13. Kushnarenko T.V. & Chernova O.A. & Matveeva L.G., 2016. "The phenomenon of multiculturalism in the regional strategizing," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», vol. 12(3), pages 755-764.
    14. Rubin, Amir & Rubin, Eran & Segal, Dan, 2023. "Editor home bias?," Research Policy, Elsevier, vol. 52(6).
    15. Altug Yalcintas & Isil Sirin Selcuk, 2016. "Research Ethics Education in Economics," Review of Social Economy, Taylor & Francis Journals, vol. 74(1), pages 53-74, March.
    16. Howard Bodenhorn, 2017. "Opening Access: Banks and Politics in New York from the Revolution to the Civil War," NBER Working Papers 23560, National Bureau of Economic Research, Inc.
    17. John Frow, 2008. "Review Essay," Journal of Cultural Economy, Taylor & Francis Journals, vol. 1(3), pages 355-359, November.
    18. Peter Knight, 2013. "Introduction," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(1), pages 2-12, February.
    19. Alexandru Preda, 2012. "The Social Closure of the Stock Exchange," Chapters, in: Geoffrey Poitras (ed.), Handbook of Research on Stock Market Globalization, chapter 6, Edward Elgar Publishing.
    20. Bénédicte Coestier, 2015. "Jordan and the Middle-Income Growth Trap: Arab Springs and Institutional Changes," EconomiX Working Papers 2015-8, University of Paris Nanterre, EconomiX.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:challe:v:55:y:2012:i:6:p:67-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MCHA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.