Even anti-neoliberal orthodox economists now operate inside the profession’s neoliberal frame

Evidence

Arrow is regarded within the profession as progenitor of the Arrow-Debreu model, an inventor of neoclassical “health economics” and someone as far removed from neoliberal beliefs as it is possible for a respected orthodox economist to be; which just goes to illustrate the assertion in chapter 1 that the profession has become unself-consciously neoliberal, and also thoroughly compromised in its ability to conceptualize the main problems of the current era. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 2011

Categorization

  • XREF: Directly pays off the book’s chapter-1 thesis that neoliberalism colonized economics as an unself-conscious background assumption, so thoroughly that even its critics cannot see past it. — connects to: Professional exclusion of heterodox economists makes neoclassical orthodoxy self-reinforcing — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 824; Neoliberal governance reshapes scholarship to serve economic usefulness — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 626; The left’s reliance on orthodox economics enabled its co-optation by neoliberalism — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 901 (+3 more)

Broader Connections