Criteria to set boundary between neoclassic and heterodox economics: an analysis based on structural instability

Authors

  • Fábio Batista Mota
  • Lúcio Flávio de Freitas
  • Maria Isabel Busato
  • Eduardo Costa Pinto

Abstract

ABSTRACT: This paper is based on the Bueno (1997), Vercelli (1991) and Herscovici (2004; 2005) research work and focus on the structural instability/stability of the explanation models of the neoclassic and heterodox economics theories - that permit to ascertain the importance of history - and is taken in this paper as the main criteria of this differentiation. The proposed criteria was used to classify the Macroeconomics "novo-classic" and post-Keynesian frameworks. The conclusion points out the post-Keynesian approach associated to the heterodox field and the "novo classic" to the neoclassic economics.

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Author Biography

  • Fábio Batista Mota
    Mestre em Economia (CME/UFBA); graduado em Ciências Econômicas (FCE/UFBA); pesquisador do programa Economia da Saúde ( PECS/ISC/UFBA.

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Published

2009-02-20

Issue

Vol. 22 No. 1 (2007)

Section

Artigos

License

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How to Cite

MOTA, Fábio Batista; FREITAS, Lúcio Flávio de; BUSATO, Maria Isabel; PINTO, Eduardo Costa. Criteria to set boundary between neoclassic and heterodox economics: an analysis based on structural instability. Revista Economia Ensaios, Uberlândia, Minas Gerais, Brasil, v. 22, n. 1, 2009. Disponível em: https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/1577. Acesso em: 6 dec. 2025.