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Democratizing the Economics Debate - Pluralism and Research Evaluation (Paperback)
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Democratizing the Economics Debate - Pluralism and Research Evaluation (Paperback)
Series: Young Feltrinelli Prize in the Moral Sciences
Expected to ship within 12 - 17 working days
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More than a decade since the global financial crisis, economics
does not exhibit signs of significant change. Mainstream economists
act on an idealized image of science, which includes the
convergence of all perspectives into a single supposed scientific
truth. Democratizing the Economics Debate shows that this idealized
image both provides an inadequate description of what science
should be and misrepresents the recent past and current state of
economics. Economics has always been characterized by a plurality
of competing perspectives and research paradigms, however, there is
evidence of a worrying global involution in the last 40 years. Even
as the production of economics publications has exploded, the
economics debate is becoming less plural and increasingly
hierarchical. Among several causes, the tendency to conformism has
been exacerbated in recent years with the use of formal schemes of
research quality evaluation. This book documents how such schemes
now cover more than half of all economists worldwide and reviews
the impact of biased methods of research evaluation on the stunting
of levels of pluralism in economics. The book will be of interest
to anyone who worries for the state of the democratic debate. As
experts who intervene in the public debate, economists must assure
society that they are working in the best possible way, which
includes fostering a wide and fair scientific debate. It is this
test of social legitimacy that economics currently fails.
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