Heterodoxy is supposed to eventually replace Orthodoxy. Orthodoxy is provably false and therefore a replacement is needed ― this is what Heterodoxy is all about. Heterodoxy is supposed to become the next Orthodoxy.#1 Fact is, though, that Heterodoxy failed until this day to perform the indispensable Paradigm Shift. The reason is that the scientific incompetence of ― traditional ― Heterodoxy is just as abysmal as that of Orthodoxy. The proof is in Asad Zaman’s numerous posts on methodology.
For the comprehensive refutation see cross-references (chronological):
- Forget Keynes
- Does Asad Zaman fly with POL or SCI Airlines?
- Mass unemployment: The joint failure of orthodox and heterodox economics
- Ideology? Incompetence? Fake? Or all this together?
- Complexity and stupidity
- The one stone that kills orthodox and heterodox employment theory
- Heterodoxy and the re-invention of science
- Who or what exactly did Keynes save?
- Keynes’ message for contemporaries
- Economics pedagogy: an un- and anti-scientific exercise
- Heterodoxy ― a new paradigm or just another political sect?
- The end of traditional Heterodoxy in the Malmö coal pit
- Economics: Deadlocked between politics and science
- The economist as second-guesser, mind reader, and folk psychologist
- Refocusing economics
- Politics, storytelling, and science
- Unemployment ― the fatal consequence of economists’ scientific incompetence
- Politics or Science? Decide and act accordingly
- Keynes, the methodologist
- The scientific self-elimination of Heterodoxy
- End of confusion
- The consistent ancients and the confused moderns
- Methodological wrong-way drivers
- Still in the proto-scientific wood
- How to get out of the Econ 101 PsySoc woods
- Heterodox schizo
- Heterodoxy: From bad to better or from bad to worse?
- There is no truth in political economics
- Sick or false?
- Economists’ perennial trouble with accounting
- What comes next?
- Heterodoxy and the nullity of dead horse beating
- How Heterodoxy keeps the Naked-Emperor-Zombie alive
- Every thinking economist is heterodox by default, but how do we proceed from here?
- Full methodological illiteracy
- Passionate belief is no substitute for knowledge
- Demarcation works, but it takes longer in economics
- Exponentially growing garbage
- Knowledge vs. Belief
- Keynesianism as ultimate profit machine
- No license for drivel
- Einstein, Mill and the Starting Problem
- Rubberneck’s reality
- The insignificance of Gödel’s theorem for economics
- Failure: method or incompetence?
- Over the cliff
- Anything goes — for a while (I)
- Keynes, Euclid, and economic methodology
Egmont Kakarot-Handtke
#1 For Constructive Heterodoxy see cross-references Paradigm Shift