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Articles (155 articles)

Editor: Valentin Cojanu

The Economists’ Philosophy Day – A Journal of Philosophical Economics celebration of philosophical reflection in the economic science (7 articles)

Editor: Valentin Cojanu

Symposium: How economists are taught philosophy: pedagogical and self-referential reflections about the role of philosophy in an economist's work (6 articles)

Editor: Valentin Cojanu

Symposium: Is there a future for heterodox economics? (8 articles)

In May 2022, it is 30 years ago that the ‘Plea for a pluralist and rigorous economics’ has been published in the American Economic Review to warn about

‘the threat to economic science posed by intellectual monopoly. Economists today enforce a monopoly of method or core assumptions, often defended on no better ground than it constitutes the “mainstream.” Economists will advocate free competition but will not practice it in the marketplace of ideas. Consequently, we call for a new spirit of pluralism in economics, involving critical conversation and tolerant communication between different approaches. Such pluralism should not undermine the standards of rigor; an economics that requires itself to face all the arguments will be a more, not a less, rigorous science.! We believe that the new pluralism should be reflected in the character of scientific debate, in the range of contributions in its journals, and in the training and hiring of economists!’

A new book by Geoffrey Hodgson raises the question whether there is a future for heterodox economics implying that the state of the economic discipline is not much advanced with respect to the acceptance of plurality and tolerance towards different approaches than it was 30 years ago – albeit a sentiment not only within the heterodox but also the mainstream economic community that the economic discipline ought to change.

Hodgson’s contribution to the analysis of this non-achievement and proposal for change have aroused first attention and dispute – yet this can only be the beginning of a debate which is supposed not only to take place among the heterodox community but the entire epistemic community of economists.

As the plea argued 30 years ago, a more plural science – giving room and resources to a panoply of paradigms, schools of thought and approaches – is not only more rigorous, but also the only state that conforms with the right of academic freedom.

The special issue of the Journal of Philosophical Economics will collect several appraisals of the present state of economics and the future for heterodox economics from leading economists.

Editor: Arne Heise

Book reviews (64 articles)

Editor: Valentin Cojanu