The New School

For A Paper And Convening At The New School For Social Research On Heterodox Economics In The U.S.

Overview
Orthodox economics, centered on rational individual choice theory and free-market policy stances, has dominated economics scholarship and teaching since the 1920s. The New School for Social Research economists Teresa Ghilarducci and William Milberg will direct a research project addressing why alternatives to orthodoxy struggle to become established in academia and policy. They will author a paper on why heterodox economics has not taken hold, which will then form the basis for a fall 2019 convening of selected economists and writers in New York. The conference will address four themes: strengths and weaknesses in heterodox theory; curriculum; advancing heterodox student careers in policy; and implications for philanthropy.
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