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Lynne Chester <[log in to unmask]>
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Fri, 11 Nov 2022 22:15:26 -0600
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Dear AFEE friends and colleagues,

We are delighted to announce our book, "Heterodox Economics: Legacy and Prospects", has been published by World Economics Association Books and is available on Amazon:

This collection of essays demonstrates that heterodox economics is a scientific, pluralistic, interdisciplinary, and communal paradigm advancing our understanding of the real-world. Our efforts to advance heterodox economics continues, however, to encounter suppression and marginalization within the discipline of economics, as well as critiques steeped in the past and not directed at current heterodoxy debates and developments. This book thus challenges several old, and resurrected, critiques of heterodox economics – for example, heterodox economics has failed to become influential within the economics discipline due to a lack of consensus about its identity, theoretical core, and pluralism; heterodox economics is overly political (that is, left-wing politics dominating over theory and policy); heterodox economics can only survive if it incorporates cutting-edge mainstream ideas and methods, and if it adopts the mainstream-dominant evaluation criteria (e.g., journal rankings based on citation metrics). These critiques need to be debated as they concern the legitimacy and thus future of heterodox economics. To this end, the contributions to this volume take on these critiques directly and an optimistic standpoint to galvanize and energize heterodox economics.

Table of Contents

Foreword by Cristina Marcuzzo 
Prologue: Heterodox economics: a future on what terms? / Jamie Morgan 
1.	Introduction: A new era of galvanization and energization for heterodox economics / Lynne Chester and Tae-Hee Jo 
2.	Critics, outsiders, or simply economists? Revisiting the history of heterodox economics / Danielle Guizzo 
3.	Cambridge social ontology and the reconstruction of economic theory / Nuno Ornelas Martins 
4.	Heterodox economics and ideology / Tae-Hee Jo 
5.	On some limits to pluralism / Carlo D’Ippoliti 
6.	Towards interdisciplinarity as instinctive / Ben Fine 
7.	Taking the institutions and communities of heterodox economics forward / Jamie Morgan 


A critical and surprisingly novel collection, by an outstanding group of contributors, that explores the nature of, and prospects for, heterodoxy from numerous angles. It is not always the case that an edited collection yields a set of contributions that cohere around the intended theme. This one does. – Tony Lawson

The unravelling of the predominant neoliberal model provides a timely opportunity to freshly examine the current state of heterodox economic alternatives. With original and sagely crafted papers, this new edited volume of scholarship from senior and junior scholars covers economic history, theory, ideology, methodology, interdisciplinarity, and relevance of and limits to pluralism, and will assuredly energize heterodox economist practitioners, as intended. – Deborah M. Figart

This timely volume interrogates the rich diversity of the legacy of the heterodox economics, the institutional context and constraints that determine its influence, while addressing important questions about appropriate and desirable strategies and practices for fostering a vibrant constructive heterodox tradition. It will provide a fertile ground for debate, introspection, and re-invigoration of the tradition. – Ramaa Vasudevan

A challenging set of essays on the present state of economic analysis outside the orthodoxy (heterodox economics), its strengths and weaknesses and prospects for the future. Many stimulating thoughts on whether and how heterodox economists should relate to other social sciences and to mainstream economics. – Malcolm Sawyer

*We received many endorsements for the book. These are a selection.

Best wishes, 
Lynne Chester and Tae-Hee Jo

Heterodox Economics: Legacy and Prospects, edited by Lynne Chester and Tae-Hee Jo, published by World Economics Association Books. ISBN-13: 978-1-911156-61-1 (paperback, US$14.99), 978-1-911156-62-8 (eBook, Kindle, US$5.99), 365 pages