imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Subscribe Calendar Publish RSS
Tell the NSA: StopWatching.US

latest news
best of news



CopWatch LA


A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List


IMC Network: africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech
printable version - js reader version - email this article - view hidden posts - tags and related articles

Plural Economics

by Thursday, Sep. 20, 2012 at 2:34 AM

Vancouver Canada has 23 community centers, some with swimming pools that can take your breath away. Learning from other cultures and countries is a sign of strength, not of weakness. Without a social contract we become wolves. Without public goods, the market economy fails.



[This letter published September 11, 2012 is translated from the German on the Internet.]

Dear Members of the Association for Social Policy, Frankfurt,

We students and teachers of economics at over 50 universities in German-speaking cities want to call attention to the alarming state of our discipline and collaborate constructively in the restructuring of economics. For decades, faith in the self-regulating powers of the market, the dominant model-Platonism, deficient self-reflection and lacking diversity of methods and theories have led our discipline into a cul-de-sac. The one-sidedness of economic thinking contributes to the continuing economic crisis and the lack of perspectives in this crisis.

Economists have great influence in public discourse. Economists join in social decision-making processes through many research- and advisory institutes and the council of experts. As frequently cited experts, they support the one-sidedness of current economic thinking in society. As economists, we have a great social responsibility. We can only do justice to this responsibility by renewing economics with a pluralist view of economic problems.

We call all teachers and students to cooperate in restructuring our discipline and considering the following principles in teaching and research.



The focus of present teaching and research is on variants of basic neoclassical models. Little room exists for research and teaching beyond these variants at German universities. This “intellectual monoculture” restricts economic analysis and makes it prone to errors. We urge cooperation of different theories. Economics is a social science and like other social sciences must harbor diverse theoretical approaches. Promising but largely neglected current approaches include: all institution economics, evolutionary economics, feminist economics, happiness research, Marxist economics, ecological economics, post-Keynesianism and post-growth economics.


The mathematization of economics has led to teaching decaying to applied mathematics. Mathematics may only be a means and never an end-in-itself for economists. It should be a part of a varied discipline of methods in the research and teaching of economics.

For research, this means inter- and trans-disciplinary case studies, comparisons of theories, interviews, questionnaires, empathic observation, simulation models and analysi8s. The teaching models, for example, must be expanded through plural textbooks, small group study, project seminars, inter- and trans-disciplinary events, case studies and the study of primary texts.


Too often the basic assumptions of economics are neither explicitly explained nor questioned. These assumptions frequently have a normative and a descriptive nature. Certain value-judgments are ultimately inherent in every political-economic analysis. Reflection on these value-judgments is a necessary part of research work.

The mathematization of economics leads to a veiling of value-judgments and to a supposed rationalization of political problems. Economics is not a natural science despite all attempts at defining the discipline through mathematics.

In addition students of economics must be more sensitive for the framing historical and cultural conditions of economic behavior. Only the one who is conscious of the complexity of reality can rightly apply research methods. Only in this way does no danger exist of confusing models with reality. All economists must know the history of their discipline and its theoretical foundations of research. Therefore lectures, seminars and courses on the history of economic thinking and economic theory must be part of the curriculum.

As the largest association of economists in the German language area, we accept the obligation of taking criticism seriously and implementing the following demands:

1. Diversity of theories in research and teaching
2. Diversity of methods in research and teaching
3. Expansion of curriculum in lectures, seminars and courses on the history of economic thinking, research theory and interdisciplinary events
4. Integration of plural textbooks in study
5. Turning away from the impact factor as the sole standard for good research
6. Reserving at least 20% of all professorships for heterodox economists

To emphasize our demands, we will do our utmost for transparency. On the homepage, we document how the organization of study at our universities takes account of our demands.

Yours Sincerely,

Concerned students and teachers of economics
Report this post as:
Share on: Twitter, Facebook, Google+

add your comments

Listed below are the 10 latest comments of 1 posted about this article.
These comments are anonymously submitted by the website visitors.
Modern Monetary Theory pshakkottai Sunday, Sep. 23, 2012 at 9:10 AM

Local News

Update on WHAT IS HAPPENING AT KPFK and what can be done & elections O05 12:39AM

A Letter (sent) to L.A. Slut Walk O03 12:51PM

Protesters Enact Symbolic "Die In" to Unwelcome Narendra Modi to Silicon Valley S28 3:52PM

More Local News...

Other/Breaking News

NYT Falsely Claims Russia Sending Troops to Syria O06 4:58AM

Israeli Fascist Brutality O06 2:28AM

Honduras coup update September 2015 O05 11:59PM

Désengrammation, l'éloge de la suite O05 11:23PM

gratuitous evil of fbi O05 9:09PM

fbi gratuitous evil O05 8:49PM

US Attorney acomplice to fbi crimes O05 6:37PM


Southern US News and Strategy October 2015 O05 2:22PM

Afghanistans Revolutionary Assoc. of Women of Afghanistan O05 8:06AM

Visa wars: Guatemala vs. El salvador O05 7:34AM

TTIP: Attack on Democracy and the Constitutional State O05 4:42AM

The Latest NYT Propaganda Piece on Syria O05 3:35AM

US and Rogue Allies Plot Plan B in Syria O05 2:08AM

Putin: The Best Hope for World Peace O05 12:13AM

Straight Talk on Israeli Viciousness O04 9:03AM

Israel on a Rampage O04 5:22AM

weep for USA O04 4:23AM

Abe calls Fukushima seawater contamination „negligible“ O04 3:40AM

Putin Irresponsibly Bashed for Doing the Right Thing O04 2:27AM

Doctors Without Borders Spokesperson Says US Knew Coordinators Of Hospital O03 1:37PM

The Mexican revolution, economic crimes and police on side of korean dissidents O03 10:16AM

Polar Opposite US/Russian Agendas in Syria O03 4:34AM

Obama Irresponsibly Bashes Putin O03 3:58AM

Paraphysique de la plus-value O03 1:17AM

fbi/cia/usa agravar muchos problemas de Mexico O02 3:15PM

New Nafta Interpretation allows Mexican 18 Wheelers into U.S> Markets O02 1:46PM

National Mobilization for Common Sense Gun Laws usa 2015 O02 10:41AM

More Breaking News...
© 2000-2003 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy