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The Death of Neoclassical Economics

Published online by Cambridge University Press:  11 June 2009

David Colander
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Extract

The term “neoclassical economics” was born in 1900; in this paper I am proposing economist-assisted terminasia; by the powers vested in me as president of the History of Economics Society, I hereby declare the term neoclassical economics dead. Let me be clear about what I am sentencing to death—it is not the content of neoclassical economics. As I will discuss below, it is difficult to determine what that content is, and even if I wanted to kill the content, I have no role in determining content. The role of historians of thought is to record, not determine, content. What I am declaring dead is the term.

Type
Research Article
Information
Journal of the History of Economic Thought , Volume 22 , Issue 2 , June 2000 , pp. 127 - 143
Copyright
Copyright © The History of Economics Society 2000

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