Guy Routh's Heterodox Critique of Economic Methodology |
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Authors: | Robert W Dimand Robert H Koehn |
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Institution: | Department of Economics , Brock University , 500 Glenridge Avenue, St. Catharines , ON L2S 3A1 , Canada |
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Abstract: | Guy Routh was an outstandingly incisive and severe critic of mainstream economic theory's abstraction, class bias, and empirical irrelevance. Routh's The Origin of Economic Ideas (1975 1989), with such chapter titles as “The Preposterous Origins” and “From Propaganda to Dogma”, was described by Robert Heilbroner as “irreverent, original, controversial, and delightful” while J. K. Galbraith expressed his “utmost enjoyment” and “utmost approval” of the book. Routh's trenchant critique of mainstream theorizing and his vision of an empirically-grounded alternative have been largely forgotten since his death in 1993, but deserve the attention of heterodox and especially of institutionalist and social economists. |
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Keywords: | methodology classical political economy critique neoclassical economics wages |
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