Template-Type: ReDIF-Paper 1.0
Author-Name: Vassilis Droucopoulos
Author-Name-First: Vassilis
Author-Name-Last: Droucopoulos
Author-Email:  drouko@ath.forthnet.gr
Author-Workplace-Name: Emeritus Professor of the Department of Economics of the University of Athens.
Title:  Economic Theory ten years after the crisis: Just tweaking around the edges? and/or A bit of repair at the seams?
Abstract:  It is my intention to address, primarily within the scope of mainstream macroeconomic theory, 
three of the questions making up the main theme of the conference, namely: How a very problematic theory 
continues to survive and dominate both the policy and the academic scene. What are the processes in the economy 
and the society that sustain its dominance? What is the condition of the economic Orthodoxy (particularly 
under its current form of the New Macroeconomic Consensus, that is the hybrid of mild neoliberalism with 
conservative New Keynesianism)? A good many orthodox economists hold the view that there is no 
necessity for a paradigm shift. On the contrary, a mere evolution towards 
a more pluralistic discipline would suffice. Hence the title of my talk.
Length:  15 pages
Creation-Date: 2018-12
Revision-Date: 2018-12
File-URL: https://poleconom.files.wordpress.com/2018/12/DP-2018-1-Droucopoulos.pdf
File-Format: Application/pdf
File-Function: First version, 2018
File-URL: http://poleconom.uth.gr/RePEc/abe/wpaper/DP-2018-1-Droucopoulos.pdf
File-Format: Application/pdf
File-Function: Revised version, 2018
Number: 2001
Classification-JEL: A20, B40, B50
Keywords: Economic Pluralism, Macroeconomic Theory
Handle: RePEc:abe:wpaper:2001