Abstract
Science is a co-evolution of ‘orthodox’ (mainstream) and ‘heterodox’ (critical) approaches. Facing a multitude of notions, concepts, and theories, how can we distinguish between these two broad approaches? As explained by Thomas Kuhn (1962), a transition from one orthodoxy to another cannot be reduced to an accumulation of new knowledge, but it takes place through a radical change in the prevailing perspective, a transformation of preconceptions (Veblen, [1899] 2004), a new pre-analytical vision (Schumpeter, 1954), or a new paradigm (Kuhn, 1962). These notions are inevitably quite vague, but it is nevertheless possible here to better delineate them using the example of economics. Broadly speaking, in their systematization of political economy, great economists integrated four factors that can be regarded as crucial in the constitution of any new paradigm in economics.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 2012 Julien-François Gerber and Rolf Steppacher
About this chapter
Cite this chapter
Gerber, JF., Steppacher, R. (2012). Introduction. In: Gerber, JF., Steppacher, R. (eds) Towards an Integrated Paradigm in Heterodox Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230361850_1
Download citation
DOI: https://doi.org/10.1057/9780230361850_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33825-2
Online ISBN: 978-0-230-36185-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)