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Economics and the Public Sphere

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  • Erik S. Reinert

Abstract

This paper identifies four different periods (1848, 1890s - partly also 1930s - and neoliberalism today) where the same tendencies recur: a Rise of Academic Monoculture (of esoteric knowledge), Refeudalization (tendencies towards a plutocracy), Crisis and Renewal. These sequences and their recurrence define the changing relationship between economics and the public sphere, and it is only through activities in the public sphere that any renewal will take place.

Suggested Citation

  • Erik S. Reinert, 2012. "Economics and the Public Sphere," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 40, TUT Ragnar Nurkse Department of Innovation and Governance.
    • Handle: RePEc:tth:wpaper:40
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    File URL: http://hum.ttu.ee/wp/paper40.pdf
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    Cited by:

    1. Reinert, Erik S., 2012. "Mechanisms of Financial Crises in Growth and Collapse: Hammurabi, Schumpeter, Perez, and Minsky," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 46(1), pages 85-100.

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