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David Colander and Modern Economics

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  • Ricard P. F. Holt

Abstract

This article gives an appraisal of the work of David Colander. His economic focus and the problems he pursued made him a different economist. Colander was less interested in theory and more concerned with policy and applied economics since he saw most economists doing applied policy and teaching. What limited the work and teaching of most economists was using a strict method of science when a different method that is more eclectic would be more appropriate. A crucial part of his work is viewing the economy and the economic profession as an adaptive complex system.

Suggested Citation

  • Ricard P. F. Holt, 2024. "David Colander and Modern Economics," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(4), pages 496-509, October.
    • Handle: RePEc:pal:easeco:v:50:y:2024:i:4:d:10.1057_s41302-024-00289-y
    DOI: 10.1057/s41302-024-00289-y
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    References listed on IDEAS

    as
    1. David Colander & Roland Kupers, 2014. "Complexity and the Art of Public Policy: Solving Society’s Problems from the Bottom Up," Economics Books, Princeton University Press, edition 1, number 10207.
    2. David Colander & Richard Holt & Barkley Rosser, 2004. "The changing face of mainstream economics," Review of Political Economy, Taylor & Francis Journals, vol. 16(4), pages 485-499.
    3. David Colander, 2005. "The Making of an Economist Redux," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 175-198, Winter.
    4. David Colander & Richard Holt & J. Rosser, 2007. "Live and dead issues in the methodology of economics," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 30(2), pages 303-312.
    5. J. Doyne Farmer & Duncan Foley, 2009. "The economy needs agent-based modelling," Nature, Nature, vol. 460(7256), pages 685-686, August.
    6. David Colander, 1979. "Incomes Policies: MIP, WIPP, and TIP," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 1(3), pages 91-100, April.
    7. Richard Holt & J. Barkley Rosser & David Colander, 2011. "The Complexity Era in Economics," Review of Political Economy, Taylor & Francis Journals, vol. 23(3), pages 357-369.
    8. David Colander, 2018. "The Death Of Neoclassical Economics," Chapters, in: How Economics Should Be Done, chapter 5, pages 46-62, Edward Elgar Publishing.
    9. David Colander, 1998. "The Sounds of Silence: The Profession's Response to the COGEE Report," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(3), pages 600-607.
    10. David Colander, 2018. "Retrospectives: The Lost Art of Economics," Chapters, in: How Economics Should Be Done, chapter 3, pages 25-32, Edward Elgar Publishing.
    11. David Colander, 2005. "What Economists Teach and What Economists Do," The Journal of Economic Education, Taylor & Francis Journals, vol. 36(3), pages 249-260, July.
    12. David Colander, 2007. "Introduction to The Making of an Economist, Redux," Introductory Chapters, in: The Making of an Economist, Redux, Princeton University Press.
    13. David Colander & Richard P. F. Holt & J. Barkley Rosser, 2010. "How to win friends and (possibly) influence mainstream economists," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 32(3), pages 397-408, April.
    14. David Colander, 2015. "Why economics textbooks should, but don't, and won't, change," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 12(2), pages 229-235, September.
    15. David Colander, 2008. "The Making of a Global European Economist," Kyklos, Wiley Blackwell, vol. 61(2), pages 215-236, May.
    16. Marc Lavoie, 2012. "Perspectives for Post-Keynesian Economics," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 321-335, April.
    17. David Colander, 2003. "Post Walrasian Macroeconomics and Heterodoxy : Thinking Outside the Heterodox Box," International Journal of Political Economy, Taylor & Francis Journals, vol. 33(2), pages 68-81.
    18. J. Barkley Rosser Jr & Richard P.F. Holt & David Colander, 2010. "European Economics at a Crossroads," Books, Edward Elgar Publishing, number 13585.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Methodology; Sociology of economics; Pedagogy; Complexity; Public Policy;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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