The Neoclassical Synthesis and the Emergence of Heterodox Economics

29 Pages Posted: 24 May 2016

See all articles by Roger Backhouse

Roger Backhouse

University of Birmingham - Department of Economics; Erasmus University Rotterdam (EUR) - Erasmus Institute for Philosophy and Economics (EIPE)

Date Written: January 1, 2014

Abstract

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

Backhouse, Roger, The Neoclassical Synthesis and the Emergence of Heterodox Economics (January 1, 2014). Available at SSRN: https://ssrn.com/abstract=2782545 or http://dx.doi.org/10.2139/ssrn.2782545

Roger Backhouse (Contact Author)

University of Birmingham - Department of Economics ( email )

Economics Department
Birmingham, B15 2TT
United Kingdom

Erasmus University Rotterdam (EUR) - Erasmus Institute for Philosophy and Economics (EIPE) ( email )

P.O. Box 1738
EIPE Office, Room H5-23
3000 Dr Rotterdam
Netherlands

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