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Chas:
The demand for courses in mainstream economics so-called may be increasing.
But is this not a derived demand resulting from the overall dominance that
neoclassical economics managed to achieve within the discipline? The
intrinsic value of thought is not necessarily demand related. I dont know
what demand there was for the works of Aristotle in his own time. One
problem is that there are inherently powerful tendencies which run against
the critiquing of prevailing institutions. There is a sort of "incumbency
factor" which operates in favour of neoclassical or mainstream economics.
To subject prevailing institutions to scrutiny, one has to survive against
the grain. I'm not referring merely to such strains as Marxist economics.
Because such economics has managed to obtain some organised support. It is
the "freethinker" kind of critiques which lack organisational support.
Anil Nauriya
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