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sanity, humanity and science
real-world economics review
Formerly the post-autistic
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Issue no. 2, 3 October 2000
sanity, humanity and science
post-autistic
economics newsletter
post-autistic economics newsletter
No. 2, 3 October 2000
Subscribers in 36
countries
To subscribe, email "subscribe" to pae_news@btinternet.com
"It was in the beginning," opens the
Le Monde article of September 13th, "a modest initiative, almost
confidential. It has now become a subject of important debate which has put in
a state of effervescence the community of economists. Should not the teaching
of economics in universities be rethought?" (www.lemonde.fr/article/0,2320,93489,00.html
The first issue of
this newsletter reported on the events leading to this "effervescence".
Briefly, they were as follows.
In June a small
group of economics students put on
the web (www.respublica.fr/autisme-economie)
a petition protesting against
economics' "uncontrolled use of mathematics". This indulgence, it said, creates
"a true schizophrenia" because the mathematics has "become an end in itself"
resulting in an "autistic science". The petition called for an end both to
this and to the repressive domination of neoclassical theory in the
curriculum. The students called instead for a pluralism of approaches with
emphasis on engagement with economic realities. Within two weeks the student
petition had 150 signatures, many from France's most prestigious universities.
The students publicized these results. On the 21st of June Le Monde
picked up the story. It featured a lengthy and sympathetic article on the
students' call for reform. (www.lemonde.fr/article_impression/0,2322,72463,00.html)
Other French newspapers and
magazines, as well as TV and radio, soon followed with the result that the
number of signatures on the economics students' petition reached
600. The perceived seriousness of the
controversy increased when at the end of June some professors launched a
petition of their own ( www.republica.fr/autisme-economie ), backing the students and offering
further analysis and evidence supporting the need for reform. The French
minister of education announced that he was looking into the matter. Then in
July everyone left for "the long vac".
Now they are
returning and Le Monde has reopened the public debate. So too has the
national radio network, "French Culture", which on 21 September carried a
program on the controversy, featuring two students and a professor from the
post-autistic camp. Nor has the government forgotten about it. Le
Monde reports that Jack Lang, the minister of education, has informed it
that soon he will be announcing "the formation of a commission charged with
making an evaluation of the situation and submitting to him some proposals. An
economist of renown has been approached about leading this
investigation."
Meanwhile the students and the
reformist academics are regrouping in preparation for the next stage of the
campaign. A meeting of the petition signatories, now 800, is being held at the
Sorbonne on October 4th. Student leaders, Olivier Vaury and Gilles Raveaud,
report that following the Paris meeting the pluralists will organize and conduct
debates in universities throughout France. (The movement which began in the
capital is now nation-wide.) These debates will continue through mid-November.
Then in December a big national meeting is being planned for Paris. This will
include both students and teachers committed to reform and will develop
detailed, concrete criticism and proposals. Speaking for the students, Raveaud
adds, "and we will claim our place" in the governmental commission that is being
set up.
The post-autistic economics movement in
France is also looking forward to more coverage in periodicals, including
economics journals. The national newspaper Libération, which featured
a full page on the crises in economics in its July 31st issue, is planning
another such feature for late October. Vaury reports that "we will have some
important articles in Télérama (2.5 million readers) and there will be
articles on this issue in L'Economie Politque (November edition)."
Another article is scheduled to appear in the journal Alternatives
Economiques.
Student leaders report, that when last
summer it began to appear that the reform movement in France was not about to go
away, some neoclassicists tried to dismiss it as a Trotskyite conspiracy which
included Le Monde. This convinced no one, and since then
things seemed to have moved on. For example, the week before last there was a
conference at the Sorbonne, celebrating the 50th anniversary of the mainstream
La Revue Economique. Attendees report that discussions spontaneously
diverged to issues that have been raised by the reformists.
Watch this
space for further developments. _______________
GLOBAL
French economics students
and teachers have found a formula for getting the reform of
economics and economics teaching onto public and professional agendas. Its
basic ingredients are two kinds of petition, a website (or sites) on which the
petitions are posted for signing, and an email newsletter for co-ordinating and
publicizing these. The pae newsletter wants to encourage and
assist people everywhere to apply the "French formula", modified to fit local
conditions. It also wishes to provide the means by which local, regional and
national successes can be joined together and globalized. Toward these ends, it
will offer the following.
Below, in this issue, is a students'
petition and a teachers' petition. Both are based on the petitions circulated
in France. Both are framed so as to be widely inclusive of groups and
individuals seeking reform.
For those wishing to start up petition
websites in English, pae_news@hotmail.com
offers both the student and the
teacher petitions in Microsoft FrontPage format, each with a signing page.
These files can be loaded straight on to your website. They will be sent to you
on request as attached documents.
pae will operate (from 15 October) a
website at www.paecon.net , featuring the following:
* hyperlinks with all petition websites,
* a geographical index of petition websites,
* tables of website results,
* a students' petition and a teachers' petition which can be "signed" by anyone visiting the
site, and lists of the petition signatories,
* documents related to
the post-autistic economics movement,
* back issues of the post-autistic economics newsletter.
______________________________
pae standard form student
petition, based on the
students' petition circulated in France
to professors and
others responsible for the teaching
of this discipline:
We, economics students in the
university(ies) of ________________, declare ourselves to
be generally dissatisfied with the teaching that we receive.
This is so for the following
reasons:
1. We wish to escape
from imaginary worlds!
Most of us have chosen to
study economics so as to acquire a deep understanding of the economic phenomena
with which the citizens of today are confronted. But the teaching that is
offered, that is to say for the most part neoclassical theory or approaches
derived from it, does not generally answer this expectation. Indeed, even when
the theory legitimately detaches itself from contingencies in the first
instance, it rarely carries out the necessary return to the facts. The
empirical side (historical facts, functioning of institutions , study of the
behaviors and strategies of the agents . . . ) is almost nonexistent.
Furthermore, this gap in the teaching, this disregard for concrete realities,
poses an enormous problem for those who would like to render themselves useful
to economic and social actors.
2. We oppose the
uncontrolled use of mathematics!
The instrumental use of
mathematics appears necessary. But resort to mathematical formalization when it
is not an instrument but rather an end in itself, leads to a true schizophrenia
in relation to the real world. Formalization makes it easy to construct
exercises and to manipulate models whose significance is limited to finding "the
good result" (that is, the logical result following from the initial hypotheses)
in order to be able to write "a good paper". This custom, under the pretence of
being scientific, facilitates assessment and selection, but never responds to
the question that we are posing regarding contemporary economic
debates.
3. We are for a
pluralism of approaches in economics!
Too often the lectures leave no place
for reflection. Out of all the approaches to economic questions that exist,
generally only one is presented to us. This approach is suppose to explain
everything by means of a purely axiomatic process, as if this were THE economic
truth. We do not accept this dogmatism. We want a pluralism of approaches,
adapted to the complexity of the objects and to the uncertainty surrounding most
of the big questions in economics (unemployment, inequalities, the place of
financial markets, the advantages and disadvantages of free-trade,
globalization, economic development, etc.)
4. Call to teachers:
wake up before it is too late!
We appreciate that our
professors are themselves subject to some constraints. Nevertheless, we appeal
to all those who understand our claims and who wish for change. If serious
reform does not take place rapidly, the risk is great that economics students,
whose numbers are already decreasing, will abandon the field in mass, not
because they have lost interest, but because they have been cut off from the
realities and debates of the contemporary world.
We no longer want to
have this
autistic science imposed on
us.
We do not ask for the impossible, but
only that good sense may prevail.
We hope,
therefore, to be heard very soon. _______________________
pae standard form
teachers' petition,
based on the
professors' petition circulated in France:
Petition for a
Debate on the Teaching of Economics
This petition raises the following
problems:
1. the exclusion of theory
that is not neoclassical from the curriculum,
2. the mismatch
between economics teaching and economic reality,
3. the use of
mathematics as an end in itself rather than as a tool,
4. teaching
methods that exclude or prohibit critical thinking,
5. the need for a
plurality of approaches adapted to the complexity of
objects
In real sciences,
explanation is focused on actual phenomena. The validity and relevancy of a
theory can only be assessed through a confrontation with "facts". This is why
we, along with many students, deplore the development of a pedagogy in economics
privileging the presentation of theories and the building and manipulation of
models without considering their empirical relevance. This pedagogy highlights
the formal properties of model construction, while largely ignoring the
relations of models, if any, to economic realities. This is scientism. Under a
scientific approach, on the other hand, the first interest is to demonstrate the
informative power and efficiency of an abstraction vis à vis sets of empirical
phenomena. This should be the primary task of the economist. It is not a
mathematical issue.
The path for "getting back to the
facts", however, is not obvious. Every science rests on "facts" that are built
up and conceptualized. Different paradigms therefore appear, each of them
constituting different families of representation and modalities of
interpretation or constructions of reality.
Acknowledging the
existence and role of paradigms should not be used as an argument for setting up
different citadels, unquestionable from the outside. Paradigms should be
confronted and discussed. But this can not be done on the base of a "natural"
or immediate representation. One can not avoid using the tools provided by
statistics and econometrics. But performing a critical assessment of a model
should not be approached on an exclusively quantitative base. No matter how
rigorous from a formalistic point of view or tight its statistical fit, any
"economic law" or theorem needs always to be assessed for its relevancy and
validity regarding the context and type of situation to which it is applied.
One also needs to take into account the institutions, history, environmental and
geopolitical realities, strategies of actors and groups, the sociological
dimensions including gender relations, as well as more epistemological matters.
However, these dimensions of economics are cruelly missing in the
training of our students.
The situation
could be improved by introducing specialized courses. But it is not so much the
addition of new courses that is important, but rather the linking of different
areas of knowledge in the same training program. Students are calling for this
linkage, and we consider them right to do so. The fragmentation of our
discipline should be fought against. For example, macroeconomics should
emphasize the importance of institutional and ecological constraints, of
structures, and of the role of history.
This leads us to
the issue of pluralism. Pluralism is not just a matter of ideology, that is of
different prejudices or visions to which one is committed to expressing.
Instead the existence of different theories is also explained by the nature of
the assumed hypotheses, by the questioned asked, by the choice of a temporal
spectrum, by the boundaries of problems studied, and, not least, by the
institutional and historical context.
Pluralism must be part
of the basic culture of the economist. People in their research should be
free to develop the type and direction of thinking to which their convictions
and field of interest lead them. In a rapidly evolving and evermore complex
world, it is impossible to avoid and dangerous to discourage alternative
representations.
This leads us to question
neoclassical theory. The preponderant space it occupies is, of course,
inconsistent with pluralism. But there is an even more important issue here.
Neoclassicalism's fiction of a "rational" representative agent, its reliance on
the notion of equilibrium, and its insistence that prices constitute the main
(in not unique) determinant of market behavior are at odds with our own
beliefs. Our conception of economics is based on principles of behavior of
another kind. These include especially the existence and importance of
intersubjectivity between agents, the bounded rationality of agents, the
heterogeneity of agents, and the importance of economic behaviors based on
non-market factors. Power structures, including organizations, and cultural and
social fields should not be a priori excluded.
The fact that in most cases the
teaching offered is limited to the neoclassical thesis is questionable also on
ethical grounds. Students are led to hold the false belief that not only is
neoclassical theory the only scientific stream, but also that scientificity is
simply a matter of axiomatics and/or formalized modeling.
With the students, we denounce the
naive and abusive conflation that is often made between scientificity and the
use of mathematics. The debate on the scientific status of economics can not be
limited to the question of using mathematics or not. Furthermore, framing the
debate in those terms is actually about deluding people and about avoiding real
questions and issues of great importance. These include questioning the object
and nature of modeling itself and considering how economics can be redirected
toward exploring reality and away from its current focus on resolving
"imaginary" problems.
Two fundamental features of
university education should be the diversity of the student's degree course and
the training of the student in critical thinking. But under the neoclassical
regime neither is possible, and often the latter is actively discouraged.
Insistence upon mathematical formalism means that most economic phenomena are
out-of-bounds both for research and for the economics curriculum.. The
indefensibleness of these restrictions means that evidence of critical thinking
by students is perceived as a dangerous threat. In free societies, this is an
unacceptable state of affairs.
We, economic teachers of
_______________________________, give our full support to the claims made by the
students. We are particularly concerned with initiatives that may be taken at
the local level in order to provide the beginning of answers to their
expectations. We also hope these issues will be heard by all economics students
in universities everywhere. To facilitate this we are ready to enter a dialogue
with students and to be associated with the holding of conferences that will
allow the opening of a public debate for all of a public debate for
all.
________________________________
EDITOR
Edward Fullbrook
CORRESPONDENTS:
Argentina: Iserino; Australia: Joseph Halevi; Brazil: Wagner Leal Arienti;
France: Gilles Raveaud, Olivier Vaury; Switzerland: Joseph Weissmahr; Japan:
Susumu Takenaga; United States: Benjamin Balak, Daniel Lien, Paul Surlis; At
large: Paddy Quick
________________________________________________
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