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Meta-theory as a uniting framework for economics and global political economy

Bibliographic Data

ID21159367
AuthorsPatrizio Lainà (0000-0001-6002-0087, University of Helsinki, Helsinki, Finland, corresponding author)
Year2018
Volume17
Issue3
Pages221-232
Publication date2018-05-27
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Critical Realism (JOURNAL)
Journal identifiersISSN: 1476-7430 • E-ISSN: 1572-5138
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/14767430.2018.1483622
OpenAlexW2809922056
LanguageEN
Citations received3
References cited25

This paper discusses the differences between orthodox and heterodox economics as well as between American and British Global Political Economy (GPE). It is found that the main differences within both disciplines are related to meta-theoretical premises. However, meta-theory turns out to be also a uniting factor between disciplines. Orthodox economics and American GPE mostly share positivist meta-theory, while heterodox economics and British GPE are largely based on critical realist meta-theory. Instead of building bridges within disciplines, it is suggested that it would be more feasible to combine some parts of orthodox economics with American GPE and some parts of heterodox economics with British GPE. This paper also discusses the role of mathematics in economics, critically assessing Tony Lawson’s claim that there is no place for mathematical modelling in heterodox economics

Applied economics · Complexity economics · Economics · Epistemology · Heterodox economics · Human development theory · Mainstream economics · Managerial economics · Neoclassical economics · Political science · Politics · Positive economics · Positivism · Schools of economic thought · Sociology · Economic Theory and Institutions · Law · Philosophy

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Unique citing works3
Citations per year0,6
Citation span2021 - 2023 (3)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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