Policy Tensor

Is Economics Trapped in Orthodoxy?

Boundaries and Coherence of the Economics Discipline

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Policy Tensor
Aug 04, 2025
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I was not really surprised to see Justin Hague second Ha-Joon Chang’s attack on the profession’s orthodoxy in the FT. Chang’s position is that economists are in the grips of a doctrinal rigidity.

The dominance of neoclassical economics in our university curricula has created a world where we are told there is no alternative — only technical adjustments …

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