Emiliano Brancaccio

Ricerca, didattica e divulgazione
Research, teaching and media

Luigi Pasinetti on Disrupting the Neoclassical Hegemony in Economics

Institute for New Economic Thinking, 20 March 2018

The renowned economist reflects on the rise of neoclassical economics, the post-2008 surge of interest in non-mainstream, heterodox thought, and how young economists can remain independent in the face of biased evaluation systems

Interview by Emiliano Brancaccio and Nadia Garbellini

Economics is one of the fields where the contradictions and limitations of the academic research evaluation system in Italy is most clearly felt. This still fragile science—which in order to evolve requires openness, pluralism and appraisals of different approaches—is today conditioned in its development by academic evaluation and selection criteria, which are largely arbitrary and modelled on a single paradigm subject to increasing epistemological, theoretical, and empirical objections. Luigi Pasinetti, one of the world’s leading exponents of critical economic thought, expresses his views on the subject in the following interview by Emiliano Brancaccio and Nadia Garbellini.

Link to the interview