Book Chapter

Pluralism and heterodox economics



Dow S (2020) Pluralism and heterodox economics. In: Hermann A & Mouatt S (eds.) Contemporary Issues of Heterodox Economics: Implications for Theory and Policy Action. London: Routledge, pp. 275-281.

The purpose here is to revisit the role of pluralism in heterodox economics and to make the case for its continuing centrality in heterodox economics and heterodox strategy. For some, heterodox economics could be defined in terms of pluralism contrasted with mainstream monism. But some argue that many heterodox economists are, or should be, monist, while others argue that orthodox economics has in any case become more pluralist. Underlying some of these differences of opinion there is confusion as to what pluralism actually entails. The first need to be addressed here is therefore to try to clarify the meaning of pluralism, making the case for one way of defining and understanding it. The future of heterodox economics is then discussed in terms of pluralism in these terms.

Publication date31/12/2020
Publication date online08/10/2020
Publisher URL…24/9780429346415
Place of publicationLondon

People (1)


Professor Sheila Dow

Professor Sheila Dow

Emeritus Professor, Economics