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Beyond the Division Between Orthodox and Heterodox Economists in Brazil: Critical Commentary on the Article "The Disputes between Orthodox and Heterodox: What is (and what is not) Economics"

Abstract

This comment criticizes the reproduction of the mistaken belief that mainstream economics is equal to neoclassical economics and that the latter, in turn, is equal to (neo)liberal economics. The rejection of those equalities turns the relations among mainstream, orthodox and heterodox economics more difficult. The comment also claims that the Brazilian case is different from the American one, since several economic ideas marginalized in the United States have both prestige and influence in the Brazilian academy, which makes the concept of mainstream economics itself more ambiguous. All that implies many divergences regarding the recent article by Francisco Marques (2024). Other differences are pointed out regarding the use of math, statistics and econometry, as well as interdisciplinarity. The result is a more complex view of the economics academy in the United States and mainly in Brazil. The comment also identifies and corrects the main distortions in the translation that Marques made of a relatively long excerpt of Dequech (2018).

mainstream economics; orthodox economics; heterodox economics; Brazil

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