The Neoclassical Synthesis and the Emergence of Heterodox Economics
29 Pages Posted: 24 May 2016
Date Written: January 1, 2014
After reviewing Samuelson's use of the term "neoclassical synthesis" in relation to both Foundations of Economic Analysis, and his introductory textbook, the paper argues that the use of the term changed as it was taken up by heterodox economists seeking a term to represent the orthodoxy against which they were reacting. It acquired currency through being used by heterodox economists to establish their own identities.
Keywords: Samuelson, Neoclassical Synthesis, Heterodox Economics
JEL Classification: B20, B30, B50
Suggested Citation: Suggested Citation