The movement for 'Post-Autistic Economics' ('PAE') was born through the work of
economist Bernard Guerrien. Started in Spring 2000 by group of disaffected French economics students, Post-Autistic Economics first reached a wider audience in June 2000 after an interview in
Le Monde.
[1]
It was supported by the
Cambridge Ph.D. students in 2001 with the publication of "Opening Up Economics: A Proposal By Cambridge Students" and is signed by 797 students.
The term ''autistic'' is used in an informal way, synonymous to "closed-minded" or "self-absorbed". It has been criticized for using the medical diagnosis,
autism, as a derogatory expression.
The movement is best seen as a forum of different groups critical of the current mainstream: from
behavioral and
heterodox to
feminist,
green economics and
econo-physics.
Concept
PAE has challenged standard
neoclassical assumptions and incorporated ideas from
sociology and
psychology into economic analysis. Specifically, the notions of
utility theory,
rational choice, production and efficiency theory (
Pareto optimality), and
game theory have been criticised: one much-discussed article is ''
Is There Anything Worth Keeping in Standard Microeconomics?''.
Other topics include "
Gross National Happiness", realism vs. mathematical consistency, "
Thermodynamics and Economics", or "Irrelevance and Ideology". Contributors include
Bruce Caldwell,
James K. Galbraith,
Robert L. Heilbroner,
Bernard Guerrien, Emmanuelle Benicourt,
Ha-Joon Chang,
Herman Daly and Richard Wolff.
Criticism of the Term
Some argue that a characterization of academic economics taught in today's colleges as autistic in the sense of closed-minded is unfair, since many branches of
post-modern economics reject narrow world-views and excessive reliance upon mathematics.
References
★ Mark Blaug. "Ugly Currents in Modern Economics", ''Policy Options'', September 1997. Available as
PDF.
★
Peter Monaghan. "Taking on Rational Man: Dissident economists fight for a niche in the discipline", Chronicle of Higher Education, January 24, 2003.
1. Open letter from economic students
See also
★
Altruistic economics
★
Behavioral economics
★
Econo-physics
★
Feminist economics
★
Green economics
★
Heterodox economics
★
History of economics
★
Post-Keynesian economics
External links
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Official site of the PAE organisation and newsletter
★
The Post-Autistic Economic Review, a scholarly journal published by the movement
★
New Economics Foundation
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The People-Centered Development Forum
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Article Taking On 'Rational Man' - Dissident economists fight for a niche in the discipline
★
Magazine and newsletter of post-autistic Spanish students
★
Website of the french students movement for a reform of the teaching in economics
★
Article 'Kick it Over! – The Rise of Post-Autistic Economics' in Adbusters magazine, 2004 Sept.