ALL THAT GLITTERS IS NOT GOLD: THE CASE OF MAINSTREAM PLURALISM

It has been recently noted a new pluralistic tendency within mainstream economics, purportedly characterized by an eclectic attitude towards some traditional tenets of neoclassical economics. Anyway, mainstream literature continues to rely on the appropriateness of partial equilibrium analysis and o...

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Bibliographic Details
Published in:Annali della Fondazione Luigi Einaudi 2020-12, Vol.54 (2), p.287-309
Main Author: Salanti, Andrea
Format: Article
Language:English
Subjects:
Applied economics
Economic theory
Economists
Mainstreaming
Market equilibrium
Multiculturalism & pluralism
Neoclassical economics
Online Access:Get full text
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Summary:It has been recently noted a new pluralistic tendency within mainstream economics, purportedly characterized by an eclectic attitude towards some traditional tenets of neoclassical economics. Anyway, mainstream literature continues to rely on the appropriateness of partial equilibrium analysis and on a comparatively intensified engagement in applied economics. It is my contention here that any appraisal of the (supposed) new mainstream pluralism cannot abstain from a careful discussion of the somewhat problematic consequences of both these prominent features.
ISSN:0531-9870
2036-5667
DOI:10.26331/1127