Article 34NJ3 The Case against Pluralism in Economics

The Case against Pluralism in Economics

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There is a case for considering alternative points of view. John Stuart Mill argued that debate over ideas leads to intellectual progress. Even defense against an "incorrect" theory prods defenders of correct theories to think carefully and critically about their own beliefs. Of course, debate always uses up time, and using time is costly. Would inclusion of heterodox perspectives in contemporary economics classes be worthwhile?

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