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    Can the principles of heterodox political economy explain its own re-emergence and development?

    119058_ohara.pdf (256.5Kb)
    Access Status
    Open access
    Authors
    OHara, Phillip
    Date
    2008
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    OHara, Phillip. 2008. Can the principles of heterodox political economy explain its own re-emergence and development?. On the Horizon. 16 (4): pp. 260-278.
    Source Title
    On the Horizon
    DOI
    10.1108/10748120810912583
    ISSN
    10748121
    Faculty
    Curtin Business School
    School of Economics and Finance
    Remarks

    The definitive version is available from Emerald Group Publishing Limited

    URI
    http://hdl.handle.net/20.500.11937/43726
    Collection
    • Curtin Research Publications
    Abstract

    Purpose - This paper seeks to evaluate how some of the core general principles of heterodox political economy (HPE) can be applied to the issue of how HPE has managed to undergo resurgence and development over recent decades. Design/methodology/approach - Four major principles of heterodoxy are applied successively to this issue: historical specificty; contradiction; heterogeneous agents and groups; and circular and cumulative causation. Findings - These principles assist in comprehending how HPE is able to develop its own concepts, networks, publications, academic departments, teaching and policy-relevant material. Research limitations/implications - HPE has had considerable success in developing a conceptual apparatus, which helps to explain the emergence of much of its edifice being developed in academic and policy circles. The performance of HPE has been impressive. Practical implications - The conceptual apparatus of Heterodoxy can be applied to real world history over the past 40 years.Originality/value - This is the first time such a theme has been explored in the literature. Keywords - Economics, Political economy Paper type - Research paper.

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