Against the odds, a new gene­ra­tion dri­ves plu­ra­list eco­no­mics for­ward, crea­tive, con­nec­ted, and unstoppable.

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One can say many things about peo­ple try­ing to push plu­ra­list or hete­ro­dox eco­no­mics, but surely not that they are taking the easy route on the aca­de­mic job mar­ket ;-). Espe­ci­ally against the back­drop of the often lamen­ted and rightly cri­ti­ci­zed clo­sure towards hete­ro­dox per­spec­ti­ves found in tra­di­tio­nal econ depart­ments, it is truly heart­warm­ing to see that hete­ro­dox eco­no­mists can­not be stop­ped in being active, crea­tive and eager to contribute.

Hete­ro­dox Eco­no­mics Newsletter

Der Hete­ro­dox Eco­no­mics News­let­ter wird her­aus­ge­ge­ben von Jakob Kapel­ler und erscheint im drei­wö­chent­li­chen Rhyth­mus mit Neu­ig­kei­ten aus der wis­sen­schaft­li­chen Com­mu­nity mul­ti­pa­ra­dig­ma­ti­scher öko­no­mi­scher Ansätze. Der News­let­ter rich­tet sich an einen Kreis von mehr als 7.000 Empfänger*innen und zählt schon weit mehr als 250 Ausgaben.

Some evi­dence for this claim is pro­vi­ded by the many inspi­ring and well-thought-out initia­ti­ves from young scho­lars – the next gene­ra­tion of hete­ro­dox and plu­ra­list scho­lars – accu­mu­la­ting in this issue of the News­let­ter. Among such initia­ti­ves are the 7th Plu­r­alumn Work­shopthe Rethin­king Eco­no­mics con­fe­rence the 90th bir­th­day of the Gene­ral Theorythe EAEPE pre-con­fe­rence work­shop and sum­mer school, a work­shop on merits and perils of inter­di­sci­pli­nary rese­arch and efforts of „aut­hor coll­ec­ti­ves“ to a get a bet­ter grasp on growth-depen­dence as an ana­ly­ti­cal con­cept or pro­vide novel approa­ches towards craf­ting intro­duc­tory text­books and lec­tures.*

It is impres­sive what this ’next’ gene­ra­tion mana­ges to con­tri­bute to the deve­lo­p­ment of the field and, indeed, such efforts create the impres­sion that hete­ro­dox eco­no­mics will – against some odds – find its­elf to be a flou­ris­hing and inspi­ring field of rese­arch (as well as a bea­con for hope in poli­ti­cal terms) also in the future.

While loo­king straight ahead into the future under these pre­mi­ses is truly moti­vat­ing for me, it is always recom­men­ded to con­front tun­nel vision in early stages ;-) Hence, my sug­ges­tion is to com­ple­ment this gaze into a bright future with having a look what hap­pens side­ways, i.e., to the left and right of our main paths. In my role as an edi­tor of the News­let­ter I have, for ins­tance, sub­scri­bed to some News­let­ters on Eco­no­mic History in the course of the last year to get a bet­ter under­stan­ding of eco­no­mic his­to­ri­ans inte­rests and approa­ches over­laps with those of hete­ro­dox eco­no­mists. And indeed, I found some traces and try to now regu­larly include them in the News­let­ter to broa­den the vista and to faci­li­tate the crea­tion of new ties and net­works. One such exam­ple found below is a work­shop on „Pat­terns of Glo­bal Eco­no­mic Inte­gra­tion and Dis­in­te­gra­tion“, which, in my hum­ble view, reso­na­tes with key hete­ro­dox intuitions.

Simi­larly, it hap­pens some­ti­mes, that sen­si­ble and inte­res­t­ing con­tri­bu­ti­ons are published in main­stream eco­no­mics jour­nals. Recent examp­les include this paper on alter­na­tive esti­ma­tes for the macroe­co­no­mic costs of cli­mate change (in the QJE), an article of the eco­no­mics of W.E.B du Bois as well this topi­cally inte­res­t­ing recent issue in the Jour­nal of Eco­no­mic Lite­ra­ture as well as this under­co­ver report on fraud and cor­rup­tion in the head­quar­ters of large aca­de­mic publishers, which all could be of inte­rest to hete­ro­dox eco­no­mists in one way or the other.

All the best,

Jakob
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* Admit­tedly, the last one of these was alre­ady announ­ced in our last issue ;-)
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