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Dr. Palley and the merits of conflict
[working paper]
Corporate Editor
Universität Hamburg, Fak. Wirtschafts- und Sozialwissenschaften, FB Sozialökonomie, Zentrum für Ökonomische und Soziologische Studien (ZÖSS)
Abstract Controversy is vital in the pursuit of knowledge. Constructive dispute can drive intellectual growth and deepen understanding within a field. However, mutual respect, thorough engagement, and intellectual humility are necessary for productive exchanges. In this vein, I clarify in my response to Tom ... view more
Controversy is vital in the pursuit of knowledge. Constructive dispute can drive intellectual growth and deepen understanding within a field. However, mutual respect, thorough engagement, and intellectual humility are necessary for productive exchanges. In this vein, I clarify in my response to Tom Palley's critique of my article that I did not argue against his claim regarding social conflict in Keynesian economics. However, I questioned whether social conflict is the sole ontological fault line, as Palley suggests. Additionally, I highlighted the distinction between Keynes' economics and Keynesian economics, challenging Palley's lumping them together as part of a liberal project. In conclusion, Palley's assertions regarding the absence of social conflict in Keynesian economics and its implications for economic laws lack foundation.... view less
Keywords
Keynes, J.; Keynesianism; social conflict; paradigm change
Classification
Basic Research, General Concepts and History of Economics
Document language
English
Publication Year
2024
City
Hamburg
Series
ZÖSS Discussion Paper, 105
ISSN
1868-4947
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications