Pluralist economics in an era of polycrisis

Jan Schulz (), Kerstin Hötte and Daniel M. Mayerhoffer ()
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Jan Schulz: University of Bamberg
Daniel M. Mayerhoffer: University of Amsterdam

Review of Evolutionary Political Economy, 2024, vol. 5, issue 2, 201-218

Abstract: Abstract Interacting crises at economic, societal, ecological, and geopolitical levels reveal the fragility of connected global systems and give momentum to pluralist economic thinking as a suitable approach to address the complexity and uncertainty of today’s economy. This special issue (SI) explores how young economists, educated in this era, study economic phenomena through pluralist lenses. Due to the structure of interdependent crises and inherent uncertainty, pluralism of values, theory and methods may benefit the academic and policy debate on solutions for today’s political, social, and scientific challenges. Applied to the crisis context, this SI shows a range of research methods and interdisciplinary approaches, reflecting a shift in economic thinking that embraces the complexity, limited predictability, and fragility of socioeconomic systems. The SI aims to promote a dialogue across schools of economic thought to enhance our understanding and contribute to robust and inclusive policy.

Keywords: Polycrisis; Pluralism; Crisis; Overlapping emergencies; Economic methodology (search for similar items in EconPapers)
JEL-codes: A11 B41 B5 H12 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s43253-024-00128-y

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