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Global Economic News |
A Brief History of the Post-Autistic Economics Movement Stage One
The
autisme-économie petition argued in favor of:
Some
economics teachers in France responded with a petition of their own. It
supported the students’ demands, added to their analysis, and lamented the
cult of scientism into which economics had in the main descended. The
professors’ petition also called for the opening of a public debate. That debate began on the 21st of June, when the
French national newspaper, Le Monde, reported on the students’
petition and interviewed several prominent economists who voiced sympathy for
the students’ cause. Other newspapers and magazines followed suit. As the
French media, including radio and television, expanded the public debate,
fears among students and teachers of persecution if they spoke out diminished and the number of signatories to
their petitions increased. This fuelled further media interest. Jack Lang,
the French Minister of Education, announced that he regarded the complaints
with great seriousness and was setting up a commission to investigate. He put
the venerable Jean-Paul Fitoussi, president of the l'Observatoire français
des conjonctures économiques (OFCE), in charge and instructed him to report
within a year. Stage Two The movement now entered its second stage, as it sought to
capitalize on its official recognition and expand the public debate. And meanwhile the movement became
international. In September 2000 the first issue of the post-autistic
economics newsletter appeared. It told of the events in France and
encouraged people elsewhere to learn and take heart from them. The response was overwhelming. Teachers and students forwarded the email newsletter
on to their colleagues and posted it on a score of web sites. By its second issue in October, the pae
newsletter had subscribers in 36 countries. In the beginning the neoclassical mainstream chose to
ignore the PAE Movement. But by autumn it became clear that the call for reform, in France at least,
was not about to go away. In October Le
Monde carried in one issue three pages of articles on the movement,
including an ambiguous interview with Amartya Sen. It was about this time that the traditionalists changed tactics
and launched a counterattack. It
included a long article by Robert Solow in Le Monde, another by Olivier Blanchard, and the publication of
a counter petition – a plea for the status quo. These mainstream initiatives, however, backfired. Solow’s article came across as imperialistic and condescending, while the petition, which was mainly an MIT affair, left observers shocked by its cynical misrepresentation of the students’ demands. Most of all, however, people on all sides seemed surprised at how feeble were the arguments offered for blocking the reforms proposed by the PAE Movement. Meanwhile the autisme-économie students, led by
Gilles Raveaud, Olivier Vaury and Ioana Marinescu, organized public debates on the issues
they had raised in their petition.
Through the winter and spring these events took place at universities
all over France, some attracting audiences of more than 300. Articles continued to appear in the French
press regarding the issues raised by the movement. In February 2001 L’économie
politique devoted an entire issue to the debate. In articles and
interviews in the French national press, various French economists of note,
including Bernard
Paulré, Olivier
Favereau, Yann Moulier-Boutang, Jean Gadrey, and André Orléan,
came out on the side of the students.
Over 200 French academic economists signed the petition supporting the
students. In November www.paecon.net
was launched to give international direction to the PAE movement, which by now was receiving media attention
around the world. At the beginning of December, the French student leaders Gilles Raveaud and
Ioana Marinescu appeared in a roundtable “The Future of Economics” at an
international conference in Leeds, UK.
This event forged important links between the movement in France and
emergent initiatives elsewhere. At
about the same time James Galbraith flew to Paris to meet with student and
academic leaders of the new movement.
In January, Galbraith replied to Solow in the fourth issue
of the post-autistic economics newsletter. Olivier Vaury
re-designed and re-launched Austisme-économie
as a French and English website. Meanwhile
other PAE-related websites were springing up in various countries. These included one created in the UK by
Oxford University students, which came about following an appearance by
Raveaud and Marinescu at the Cambridge Workshop on Realism and Economics. Throughout the academic year (2000-2001), lobbying of
Fitoussi’s commission was intense. It included a special spring visit to
Paris by members of the Executive Committee of the International Economics
Association. Big guns and bold
maneuvers were called for, because it was perceived by both sides that
success by the French reformers would, in all likelihood, have effects far
beyond the French borders.
Concessions won there would in time be demanded in other countries,
not just by other students, but also by the thousands of academic economists
whose fidelity to the neoclassical mainstream is more survivalist than
intellectual. This broad academic interest was reflected in the rapid
evolution of the post-autistic economics newsletter into a journal
featuring short, well-written essays and attracting a diverse range of
contributors, many of them leading names in the profession. The e-mail journal now has nearly 5000
subscribers, mostly academics, from over 100 countries. Subscriptions are free at www.paecon.net or by clicking
here. Recent contributors to the journal
include: James Galbraith, Frank Ackerman, André
Orléan, Hugh Stretton, Jacques Sapir, Edward Fullbrook, Gilles Raveaud,
Deirdre McCloskey, Tony Lawson, Geoff Harcourt, Joseph Halevi, Sheila C. Dow, Kurt Jacobsen, The Cambridge 27, Paul Ormerod, Steve Keen,
Grazia Ietto-Gillies, Emmanuelle Biencourt, Le Movement Autisme-economie, Geoffrey Hodgson, Ben Fine, Michael A. Bernstein, Julie A. Nelson, and Jeff Gates. Back issues are archived at the paecon
website. In June “the Cambridge-27”, 27 embattled economics PhD
students at the Cambridge University, published their petition “Opening Up
Economics”. By “opening up economics”
they mean becoming mindful of the limitations of the “competing approaches to understanding
economic phenomena”, of “learning
their domain of applicability”, and of using “the best methods for the
question at hand” rather than “restricting research done in economics to that
based on one approach only.” Their
petition now has over 500 signatures (the impressive list of signatories is
at http://www.btinternet.com/~pae_news/Camproposal.htm You may sign it and add your name to the
list by clicking
here. In September a cognate
petition appeared, that resulted from a meeting of 75 students, researchers
and professors from twenty-two nations who gathered in Kansas City for a week
of discussion on the state of economics.
A list of this petition’s signatories is maintained at http://www.btinternet.com/~pae_news/KC.htm
. You may sign it by clicking
here. People expecting Fitoussi’s report to be a whitewash were
surprised when it was released in September.
It proposed enough reforms to win the support of autisme–économie. And enough for Jack Lang, the French
Minister of Education, to speak of fundamental reforms which he has promised
to carry through. Fitoussi’s report, L'Enseignement supérieur de
l'économie en question, calls for the integration of debate on
contemporary economic issues into both the structure and content of
university economics courses. It
means real debate, not neoclassical opinion presented on its own or with only
token alternatives. Such an open
environment would preclude the standard practice of keeping the ideological
content of neoclassicism hidden from students. This change alone would radically transform economics teaching,
with inevitable and incalculable effects to economics itself. This is where we are now.
Economics has not experienced such pressure to change since the
1930s. Then the complaint was its
inability to explain the Great Depression and to effect a recovery. It responded by inventing
macroeconomics. Today, the indictment
is both more general and more serious: economics as taught in universities
neither explains contemporary reality nor provides a framework for the
critical debate of issues in democratic societies. The PAE Movement is about bringing economists of goodwill together
to change that. Edward Fullbrook November 21, 2001 |
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