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A Guide to Paradigmatic Self-Marginalization: Lessons for Post-Keynesian Economists

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  • Leonhard Dobusch
  • Jakob Kapeller

Abstract

While many heterodox economists hope that the recent financial crisis will lead to paradigmatic change in economics, we argue that path-dependent processes and institutional factors within the economic community hinder such a change. Focusing on the citation behavior of economists in heterodox journals in general and in Post-Keynesian journals in particular, we discuss structural reasons—connected to positive feedback mechanisms within the institutional framework of the economics discipline—for the marginalization of heterodox economic thought.

Suggested Citation

  • Leonhard Dobusch & Jakob Kapeller, 2012. "A Guide to Paradigmatic Self-Marginalization: Lessons for Post-Keynesian Economists," Review of Political Economy, Taylor & Francis Journals, vol. 24(3), pages 469-487, July.
    • Handle: RePEc:taf:revpoe:v:24:y:2012:i:3:p:469-487
    DOI: 10.1080/09538259.2012.701928
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    References listed on IDEAS

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    1. J. E. King, 2002. "A History of Post Keynesian Economics since 1936," Books, Edward Elgar Publishing, number 2135.
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    1. repec:spo:wpmain:info:hdl:2441/1hlgq13piu8cirvmd44v0hs2v1 is not listed on IDEAS
    2. Cedrini, Mario & Fontana, Magda, 2015. "Mainstreaming. Reflections on the Origins and Fate of Mainstream Pluralism," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201510, University of Turin.
    3. Reinke, Rouven, 2021. "Zur ungleichen Verteilung von Macht innerhalb der Volkswirtschaftslehre in Deutschland: Eine feld-und kapitaltheoretische Betrachtung," ZÖSS-Discussion Papers 91, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).
    4. Florentin Gloetzl & Ernest Aigner, 2015. "Pluralism in the Market of Science? A citation network analysis of economic research at universities in Vienna," Ecological Economics Papers ieep5, Institute of Ecological Economics.
    5. Pühringer, Stephan, 2016. "Still the queens of social sciences? (Post-)Crisis power balances of "public economists" in Germany," Working Paper Serie des Instituts für Ökonomie Ök-22, Hochschule für Gesellschaftsgestaltung (HfGG), Institut für Ökonomie.
    6. Sebastian Gechert, 2023. "Fiscal policy: post- or New Keynesian?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 20(2), pages 338-355, November.
    7. J. E. King, 2012. "Post Keynesians and Others," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 305-319, April.
    8. Jakob Kapeller & Matthias Aistleitner & Stefan Steinerberger, 2017. "Citation Patterns in Economics and Beyond: Assessing the Peculiarities of Economics from Two Scientometric Perspectives," ICAE Working Papers 60, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    9. Lavoie, Marc, 2015. "¿Debería la economía heterodoxa ser enseñada en departamentos de economía, o existe algún espacio para la economía backwater?," Estudios Nueva Economía, Estudios Nueva Economía, vol. 5(2), pages 4-16.
    10. Marc Lavoie, 2012. "Perspectives for Post-Keynesian Economics," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 321-335, April.
    11. Ahmed Hassanein & Mohamed M. Mostafa, 2023. "Bibliometric network analysis of thirty years of islamic banking and finance scholarly research," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 1961-1989, June.
    12. Emiliano Brancaccio & Francesco Saraceno, 2017. "Evolutions and Contradictions in Mainstream Macroeconomics," Post-Print hal-03458622, HAL.
    13. Kristian Alm & David S. A. Guttormsen, 2023. "Enabling the Voices of Marginalized Groups of People in Theoretical Business Ethics Research," Journal of Business Ethics, Springer, vol. 182(2), pages 303-320, January.
    14. Sebastian Gechert, 2022. "Reconsidering macroeconomic policy prescriptions with meta-analysis [Statistical nonsignificance in empirical economics]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(2), pages 576-590.
    15. Christian Grimm & Jakob Kapeller & Stephan Puehringer, 2017. "Zum Profil der deutschsprachigen Volkswirtschaftslehre: Paradigmatische Ausrichtung und politische Orientierung deutschsprachiger Oekonom_innen (On the current state of German-speaking Economics: Para," ICAE Working Papers 70, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    16. Karl M. Beyer & Christian Grimm & Jakob Kapeller & Stephan Puehringer, 2017. "Der 'deutsche Sonderweg' im Fokus: Eine vergleichende Analyse der paradigmatischen Struktur und der politischen Orientierung der deutschen und US-amerikanischen Oekonomie (The 'German special path': A," ICAE Working Papers 71, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    17. Mostafa, Mohamed M., 2022. "Five decades of catastrophe theory research: Geographical atlas, knowledge structure and historical roots," Chaos, Solitons & Fractals, Elsevier, vol. 159(C).
    18. repec:hal:spmain:info:hdl:2441/1hlgq13piu8cirvmd44v0hs2v1 is not listed on IDEAS

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