nep-sog New Economics Papers
on Sociology of Economics
Issue of 2017‒07‒09
two papers chosen by
Jonas Holmström
Axventure AB

  1. The Short Rise and Long Fall of heterodox Economics in germany After the 1970s: Explorations in a Scientific Field of Power and Struggle. By Heise, Arne; Thieme, Sebastian
  2. Why has economics turned out this way?’ A socio-economic note on the explanation of monism in economics. By Heise, Arne

  1. By: Heise, Arne; Thieme, Sebastian
    Abstract: In the context of ongoing criticisms of the lack of pluralism in economics, the present article aims to discuss the development of ‘heterodox’ economics since the 1970s. Following Lakatos’s concept of scientific research programs (srp), and concentrating on the situation in Germany, the article will discuss classifications of economics, and will specify the understanding of diversity in the light of ‘axiomatic variations’ of the economic mainstream. This will form the basis for the subsequent description of the development of heterodoxy in Germany, with special reference to the founding of new universities and the reform movements in the 1970s. It can be shown that the heterodox scene flourished in this period, but that this pluralization remained fragmented and short-lived; by the 1980s at the latest heterodoxy was again on its way to marginalization. The history of heterodoxy in Germany thus presents itself as an unequal ‘battle of the paradigms,’ and can only be told as the story of a failure.
    Keywords: Heterodox economics, pluralization, philosophy of science, sociology of science
    JEL: A14 B40 B50 N01 Z13
    Date: 2016
  2. By: Heise, Arne
    Abstract: Economic science has – lamented by some, applauded by others – turned into a monistic discipline. In this short research note, a socio-economic answer to the question of why this has happened is provided by combining an economic approach to the market for economic ideas with a sociological approach to a scientific (power) field.
    Keywords: pluralism, monism, heterodoxy, standardization, regulation
    JEL: A14 B40 B50 L15
    Date: 2016

This nep-sog issue is ©2017 by Jonas Holmström. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.