Mainstream economics, heterodoxy and academic exclusion: a review essay

Schiffman, Daniel

doi:10.1016/j.ejpoleco.2004.06.003

Cited by 11 publications

(6 citation statements)

References 13 publications

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“…However, as recently noted by numerous scholars (e.g. Solow 1997, Colander 2000, Schiffman 2004, contemporary mainstream (micro) economics is far less dogmatic and is almost wholly defined by its method. It is about building models that are tested, or that can at least be tested in principle.…”

Section: Modeling Entrepreneurship In Neoclassical Economicsmentioning

confidence: 99%

Is Neoclassical Economics still Entrepreneurless?

Bianchi

Henrekson

2005

SSRN Journal

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Abstract:We review and evaluate some recent contributions on modeling entrepreneurship within a neoclassical framework, analyzing how and to what extent the fundamental ingredients suggested in the social science literature were captured. We show how these approaches are important in stressing the main elements of a complex picture without being able to fully describe it. Each modeling attempt focuses only on one specific feature of entrepreneurship, and the entrepreneurial function broadly perceived eludes analytical tractability. As a consequence, the models can be useful in analyzing the effect of entrepreneurial behavior at an aggregate level, but not at explaining individual choices. From these observations we highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of leading to distortionary policy interventions.JEL Classification: B41; D81; J23; L23; M13; O31.

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Section: Modeling Entrepreneurship In Neoclassical Economicsmentioning

confidence: 99%

Is Neoclassical Economics still Entrepreneurless?

Bianchi

Henrekson

2005

SSRN Journal

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“…Reading further, I discovered that it was not an officially reviewed article, but a paid Folbre advertisement (one wonders how much it cost…). By several accounts, it had relatively little impact (Schiffman 2004;Heise and Thieme 2016). Yet much depends on the definition of 'heterodoxy.'…”

Section: Heterodoxy As Dissentmentioning

confidence: 99%

The Hybrid Vigor of Heterodox Economics: A Feminist Perspective

Folbre

2023

Journal of Philosophical Economics

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“…This also has implications for curriculum content. Many first-year-level economics courses are built "around" a set introductory text-booktexts that are increasingly critiqued (Schiffman, 2004;Colander and Rothschild, 2010). Over 30 years has passed since Karns et al (1983) identified from a sample of the most popular introductory economic texts, that barely one went beyond the first level (knowledge) in Bloom's taxonomy of the cognitive domain.…”

Section: Some Examples Of Teaching and Assessing Opportunity Cost[2]mentioning

confidence: 99%

Threshold concepts in economics

Shanahan

2016

Education + Training

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Purpose – The purpose of this paper is to examine threshold concepts in the context of teaching and learning first-year university economics. It outlines some of the arguments for using threshold concepts and provides examples using opportunity cost as an exemplar in economics. Design/methodology/approach – The paper provides an overview of the theoretical literature around threshold concepts in economics and provides exemplars from previous research, and current practice, to illustrate how they might be applied in economics. Findings – The notion of threshold concepts such as opportunity cost can be extremely useful in pedagogic design. They focus on how learning concepts changes student thinking, rather than the standard approach which treats many concepts as equal in importance. Designing appropriate instructional materials around threshold concepts is time consuming and this may prove a barrier to the notions widespread adoption. Originality/value – This paper contributes to the literature discussing the practical application of threshold concepts in teaching first-year economics as well as identifying possible reasons for its relatively slow adoption as a teaching tool in university.

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Mainstream economics, heterodoxy and academic exclusion: a review essay

Cited by 11 publications

References 13 publications

Is Neoclassical Economics still Entrepreneurless?

Is Neoclassical Economics still Entrepreneurless?

The Hybrid Vigor of Heterodox Economics: A Feminist Perspective

Threshold concepts in economics

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