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  1.  38
    The Complexity Era in Economics.Richard P. F. Holt & J. Barkley Rosser - unknown
    This article argues that the neoclassical era in economics has ended and is being replaced by a new era. What best characterizes the new era is its acceptance that the economy is complex, and thus that it might be called the complexity era. The complexity era has not arrived through a revolution. Instead, it has evolved out of the many strains of neoclassical work, along with work done by less orthodox mainstream and heterodox economists. It is only in its beginning (...)
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  2.  17
    Live and Dead Issues in the Methodology of Economics.Richard P. F. Holt & J. Barkley Rosser - unknown
    We attempt to clarify divisions made by us in previous work (Colander et al., 2004a,b) between “orthodox, mainstream, and heterodox” in economics, following very useful remarks in Dequech (2007-08), whom we thank. We also provide specific advice for heterodox economists, namely: worry less about methodology, focus on being economists first and heterodox economists second, and prepare ideas to leave the incubator of heterodoxy to enter the mainstream economic debate.
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  3.  21
    How to Win Friends and (Possibly) Influence Mainstream Economists.Richard P. F. Holt & J. Barkley Rosser - unknown
    The first is that we are wrong to suggest that the mainstream is no longer limited to a restrictive orthodoxy of beliefs and assumptions that discourages dissenting voices. In developing his argument, Vernengo claims that our characterization of a cutting edge branch of the mainstream that does not hold to a neoclassical orthodoxy is misleading. Although he states that he accepts our characterization of the economics profession as a complex adaptive system, with many competing views, he sees the cutting edge (...)
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  4.  11
    The Cutting Edge of Economics.Richard P. F. Holt & J. Barkley Rosser - unknown
    This book is about the economics profession, or more precisely, the cutting edge of the economics profession. Economics is currently at a turning point; it is changing from a static approach to understanding, in which deductive reasoning is the key method used, to a complexity approach to understanding, in which inductive and deductive methods are used simultaneously, and the full complexity of the system is acknowledged and dealt with. The change is just beginning, but the groundwork is currently being laid. (...)
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  5.  12
    Economics at the Edge.Richard P. F. Holt & J. Barkley Rosser - unknown
    This book is about the economics profession, or more precisely, the process by which economic thinking changes. We believe that this process is important because economics is currently at a turning point; it is changing from a static approach to understanding, in which deductive reasoning is the key method used, to a complexity approach to understanding, in which inductive and deductive methods are used simultaneously, and the full complexity of the system is acknowledged and dealt with. The change is ongoing (...)
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  6. The Selected Letters of John Kenneth Galbraith.Richard P. F. Holt (ed.) - 2017 - Cambridge University Press.
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