a. an oversimplistic world view
b. an excessive reliance on mathematics
c. a refusal to integrate with other discplines
demonstrates the falsehood of homo economicus,
the fully-informed, perfectly rational, utterly self-interested
individual which is the building block of standard, neo-classical economics.
Post-Autistic Economics questions both the assumptions in the economics which is taught,
as well as the teaching methods, which emphasise modern
interpretations of the neo-classical formulae,
but had little time either for their historical
context or their contemporary relevance.
Started in Spring 2000 by group of disaffected French economics students,
Post-Autistic Economics first reached a wider audience
in June 2000 after an interview in
Le Monde. A petition was launched on WWW to
draw attention to the problems, and encouraged a more pluralist
approach from the economics teaching establishment.
This message has resonated worldwide, most notably in Harvard,
US and Cambridge, UK.
Students and staff alike have taken up the cause, calling for neoclassical
economics to be taught as only one system among many alternative theories
such as those of Marx, Walras, Galbraith, Keynes and Schumpeter.
"The expertise of economists is imprisoned in their systems which presuppose
the infinity of human desires and needs - needs which they,
servants of the insatiability of Western men and women,
will help to satisfy." 1
This rebirth of pluralism in economics is not only backward-looking;
many new academic areas are opening up in the last few years,
particularly ones that integrate other academic disciplines,
such as econophysics and ecological economics.
Traditional economists, long obsessed by complex mathematical models,
are realising the value of being better in touch with other
academic disciplines, and closer to real people and the real world.
We believe that what is vitally needed for world social and
stability is a replacement for the classical notion of 'self-maximising'
that takes into account the fact that we are all connected.
We are designing a system of
altruistic economics to meet this need.
Bob Goudzwaard: (1984) Idols Of Our Time, Inter-Varsity Press Illinois 60515 ISBN:0-87784-970-6
Search on 'Economic'...
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