Questions for Review without Answers
Chapter 7. History of Economic Thought III.
The Critics of Mainstream Economics
I. An Outline of the Major Traditional Critical Schools of Economic Thought
1) Summarise Max Weber's theory on the linkage between capitalism and Protestantism.
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2) What is the radical issue in Catholic social economics?
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3) What are the major concerns of social economics?
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4) Summarise the view of Post Keynesians economists in the famous capital debate.
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5) What is the major point of dissent that separates RPE from mainstream economics?
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II. The Institutionalists
6) List the theories of Thorstein Veblen and John K. Galbraith that you have encountered in this section.
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III. More Recent Critical Schools
7) What is the difference between ecological and environmental economics?
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8) Define the term sustainability.
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9) Describe the potential conflict between liberalism and communitarianism.
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10) Summarise the major concerns of feminist economists.
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IV. Forums for Heterodox Economists
11) Define the term heterodox economics.
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