Can the principles of heterodox political economy explain its own re-emergence and development?

Purpose - This paper seeks to evaluate how some of the core general principles of heterodox political economy (HPE) can be applied to the issue of how HPE has managed to undergo resurgence and development over recent decades. Design/methodology/approach - Four major principles of heterodoxy are appl...

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Main Author: OHara, Phillip
Format: Journal Article
Published: Emerald Group Publishing Limited 2008
Online Access:http://hdl.handle.net/20.500.11937/43726
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author OHara, Phillip
author_facet OHara, Phillip
author_sort OHara, Phillip
building Curtin Institutional Repository
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description Purpose - This paper seeks to evaluate how some of the core general principles of heterodox political economy (HPE) can be applied to the issue of how HPE has managed to undergo resurgence and development over recent decades. Design/methodology/approach - Four major principles of heterodoxy are applied successively to this issue: historical specificty; contradiction; heterogeneous agents and groups; and circular and cumulative causation. Findings - These principles assist in comprehending how HPE is able to develop its own concepts, networks, publications, academic departments, teaching and policy-relevant material. Research limitations/implications - HPE has had considerable success in developing a conceptual apparatus, which helps to explain the emergence of much of its edifice being developed in academic and policy circles. The performance of HPE has been impressive. Practical implications - The conceptual apparatus of Heterodoxy can be applied to real world history over the past 40 years.Originality/value - This is the first time such a theme has been explored in the literature. Keywords - Economics, Political economy Paper type - Research paper.
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spelling curtin-20.500.11937-437262017-09-13T15:59:41Z Can the principles of heterodox political economy explain its own re-emergence and development? OHara, Phillip Purpose - This paper seeks to evaluate how some of the core general principles of heterodox political economy (HPE) can be applied to the issue of how HPE has managed to undergo resurgence and development over recent decades. Design/methodology/approach - Four major principles of heterodoxy are applied successively to this issue: historical specificty; contradiction; heterogeneous agents and groups; and circular and cumulative causation. Findings - These principles assist in comprehending how HPE is able to develop its own concepts, networks, publications, academic departments, teaching and policy-relevant material. Research limitations/implications - HPE has had considerable success in developing a conceptual apparatus, which helps to explain the emergence of much of its edifice being developed in academic and policy circles. The performance of HPE has been impressive. Practical implications - The conceptual apparatus of Heterodoxy can be applied to real world history over the past 40 years.Originality/value - This is the first time such a theme has been explored in the literature. Keywords - Economics, Political economy Paper type - Research paper. 2008 Journal Article http://hdl.handle.net/20.500.11937/43726 10.1108/10748120810912583 Emerald Group Publishing Limited fulltext
spellingShingle OHara, Phillip
Can the principles of heterodox political economy explain its own re-emergence and development?
title Can the principles of heterodox political economy explain its own re-emergence and development?
title_full Can the principles of heterodox political economy explain its own re-emergence and development?
title_fullStr Can the principles of heterodox political economy explain its own re-emergence and development?
title_full_unstemmed Can the principles of heterodox political economy explain its own re-emergence and development?
title_short Can the principles of heterodox political economy explain its own re-emergence and development?
title_sort can the principles of heterodox political economy explain its own re-emergence and development?
url http://hdl.handle.net/20.500.11937/43726