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The changing face of mainstream economics

Author

Listed:
  • David Colander
  • Richard Holt
  • Barkley Rosser

Abstract

This article argues that economics is currently undergoing a fundamental shift in its method, away from neoclassical economics and into something new. Although that something new has not been fully developed, it is beginning to take form and is centered on dynamics, recursive methods and complexity theory. The foundation of this change is coming from economists who are doing cutting edge work and influencing mainstream economics. These economists are defining and laying the theoretical groundwork for the fundamental shift that is occurring in the economics profession.

Suggested Citation

  • 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.
    • Handle: RePEc:taf:revpoe:v:16:y:2004:i:4:p:485-499
    DOI: 10.1080/0953825042000256702
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    References listed on IDEAS

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