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  1.  4
    From 'What New Political Economy Is' to 'Why Is Everything New Political Economy?'.Rafael Galvão de Almeida - 2022 - Economic Thought 10 (2):28.
    In this paper, I aim to discuss New Political Economy as a label for the economic analysis of politics, in the English language. The term 'political economy' itself, although it has ceased to be the preferred term by which economists refer to their discipline, it is still being used by a variety of scholars, especially for interdisciplinary research with political science, international relations and other social sciences. Marxist- inspired social scientists also have a claim on the term 'political economy'. The (...)
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  2.  5
    A Methodological Perspective on Economic Modelling and the Global Pandemic.John B. Davis - 2022 - Economic Thought 10 (2):1.
    A question that recent research on the global pandemic raises is: how do the assumptions underlying epidemiological models and economic models differ? Epidemiological models we now know have become quite sophisticated. Debate among economic methodologists regarding the nature of modeling has generated a considerable literature as well. Yet these two literatures are largely non-communicating. Perhaps this is because economics has produced relatively little research on pandemics. Yet it might still be asked, what might economic models be missing that epidemiological models (...)
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  3.  2
    Comment on John Davis's 'A Methodological Perspective on Economic Modelling and the Global Pandemic'.Sheila C. Dow - 2022 - Economic Thought 10 (2):9.
  4.  5
    The Incommensurability of Keynes's and Walrasian Economics and the Unsuccessful Escape From Old Ideas.Arne Heise - 2022 - Economic Thought 10 (2):12.
    The Cambridge Journal of Economics witnessed an important debate between Mark Pernecky and Paul Wojick on the one side and Rod Thomas on the other about the usefulness of Thomas Kuhn's sociology and philosophy of science in explaining why Keynes's revolutionary ideas exposed in the General Theory have been 'lost in translation'. This brief note is an attempt to reconcile Pernecky and Wojick's claim that Keynes's new economics of the General Theory and Walrasian General Equilibrium are incommensurable paradigms in a (...)
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  5.  4
    Reply to Arne Heise's 'The Incommensurability of Keynes's and Walrasian Economics and the Unsuccessful Escape From Old Ideas'.Rod Thomas - 2022 - Economic Thought 10 (2):20.
  6.  1
    Agents, Equations, and Economics.Ron Wallace - 2022 - Economic Thought 10 (2):47.
    Critiques of Neoclassical Economics extend, unsurprisingly, to its mathematical structure. The discussion has largely focused on General Equilibrium Theory, a formalism developed by Leon Walras over a century ago. Internally consistent, but highly unrealistic, GET lacks predictive power, and has been a historical failure. As an alternative, this article proposes a methodology largely developed by Grabner et al., in which Agent-Based Models are linked with existing Equation-Based Models as a means of developing a more powerful formalism. The approach is illustrated (...)
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