Comments on: Why so Hostile? Busting Myths about Heterodox Economics /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/ A Critical Perspective On Development Economics Wed, 30 Dec 2020 12:16:27 +0000 hourly 1 http://wordpress.com/ By: Video: Why so Hostile? Busting Myths about Heterodox Economics /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-10012 Wed, 30 Dec 2020 12:16:27 +0000 http://developingeconomics.org/?p=3882#comment-10012 […] heterodox economics means and how and why it is often misunderstood. The talk was based on this blog post and this working paper with my brilliant co-author Carolina […]

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]]> By: Discrimination and Bias in Economics, and Emerging Responses – Macroscan /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-9794 Tue, 22 Dec 2020 13:48:38 +0000 http://developingeconomics.org/?p=3882#comment-9794 […] applied economics, falling broadly within what can be described as the neoclassical framework and the denigration of alternative approaches; and the neglect of and ignorance about economic research and analysis done by scholars who are not […]

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]]> By: Discrimination and bias in economics, and emerging responses | Real-World Economics Review Blog /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-8842 Tue, 24 Nov 2020 14:40:06 +0000 http://developingeconomics.org/?p=3882#comment-8842 […] applied economics, falling broadly within what can be described as the neoclassical framework and the denigration of alternative approaches; and the neglect of and ignorance about economic research and analysis done by scholars who are not […]

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]]> By: Coronavirus Recovery- The New Economic Thinking We Need - DeepFind /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-6209 Mon, 13 Jul 2020 02:27:15 +0000 http://developingeconomics.org/?p=3882#comment-6209 […] factorshave long been emphasised by heterodox economists Extra federal authorities prices on public monetary funding jobs and public companies, together […]

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]]> By: Coronavirus Recovery – The New Economic Thinking We Need | BuyBitcoinLive Blog /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-6201 Sun, 12 Jul 2020 10:13:29 +0000 http://developingeconomics.org/?p=3882#comment-6201 […] points have long been emphasised by heterodox economists. More government spending on public investment projects and public services, as well as greater […]

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]]> By: Coronavirus recovery – the new economic thinking we need - The Global Centre for Risk and Innovation /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-6146 Wed, 08 Jul 2020 12:33:49 +0000 http://developingeconomics.org/?p=3882#comment-6146 […] points have long been emphasised by heterodox economists. More government spending on public investment projects and public services, as well as greater […]

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]]> By: Advocates of the SDGs have a monetarism problem – /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-3596 Tue, 10 Sep 2019 07:24:42 +0000 http://developingeconomics.org/?p=3882#comment-3596 […] the tool box will require challenging the dominant orthodoxy on macroeconomic policy and exploring heterodox approaches that offer options for increasing public investment. With more expansionary policies, […]

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]]> By: Citizen Rat /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-3227 Fri, 12 Jul 2019 20:31:47 +0000 http://developingeconomics.org/?p=3882#comment-3227 I really enjoyed reading this and plan to look at the links and the points raised more in depth. It really sparked a lot of ideas in my head. Some time ago I wrote and presented a paper at an AFIT meeting about why heterodox economics is different in nature from ideas like Intelligent Design. The paper had some flaws and I left it on the drawing board. After reading this, I’m thinking I may try to go back and pick it up again. My short, off the cuff observation about why mainstream economics is generally hostile to heterodox economics is 1. path dependency and 2. I really do think a lot of it comes down to their comittment to formal mathematical modeling as the test of good theory.

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]]> By: Economics needs to do more than attract women to solve its gender problem - l2com /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-3067 Fri, 21 Jun 2019 20:02:25 +0000 http://developingeconomics.org/?p=3882#comment-3067 […] is a broad umbrella, and some of its ideas stand up to scrutiny better than others.) Alves, a proponent of heterodox economics, says it doesn’t conform to the idea that there is one way to do economics best. One of the ways […]

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]]> By: Greg Hannsgen /2019/05/08/why-so-hostile-busting-myths-about-heterodox-economics/comment-page-1/#comment-2953 Fri, 24 May 2019 09:05:20 +0000 http://developingeconomics.org/?p=3882#comment-2953 “In the US, many heterodox economists end up teaching at liberal arts colleges.”
I would like to make two points, referring to the U.S. case: (1) studies of the U.S. job market in the economics literature do not find that liberal arts colleges are the bottom of the market in general, as this passage in your otherwise lovely post seems to imply. (2) many U.S. liberal arts colleges also exclude heterodox economists when hiring, while some U.S. universities hire heterodox economists.
Looking just casually for something on the internet to back up my first point, I searched online for the heck of it and found that this 2013 mainstream study of job market market outcomes for econ Ph.D.s as a function of various variables from the Journal of Labor Research: . This study used a mainstream worldwide ranking of the top 200 academic institutions from the Journal of the European Economic Association at this URL: . The institutional ranking lists Williams College, a highly ranked U.S. liberal arts college, as number 194 in this top 200. (In the study of job market outcomes, top government jobs such as the IMF were given a ranking of 40, and top consulting jobs a ranking of 120. All remaining jobs, obviously including academic jobs out of the top 200, were given a ranking of 300. There are of course thousands of academic institutions in the U.S.)
I agree that heterodox economists are shut out many of the “best” academic jobs in the market by many measures simply because they are heterodox. For example, there have been very few hires of heterodox candidates in the “top 20” U.S. universities in the last 40 years. For material on rankings of heterodox departments and journals, one can look to work by Fred Lee and others at the heterodox Economics Network website: . However, the sources there unfortunately only rank Ph.D.-granting institutions, a common kind of study whose ubiquity may mislead readers perhaps about the relevance of liberal arts colleges and the quality and prestige of the jobs they offer. It is unfortunate that the very top-ranked liberal arts colleges do not seem to hire heterodox economists, though few heterodox candidates of course graduate from the “top” Ph.D. programs in conventional (orthodox) rankings—a vicious cycle of sorts.

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