Thought, philosophy and economic policy in the 21st century
Keywords:
Economics' thought history, Economic Policy, Economic PhilosophyAbstract
Years have passed since the collapse of Lehman Brothers and the onset of the Great Recession. This was the first missed opportunity for the emergence of an epistemological revolution, equivalent to the Keynesian one of the 1920s, and for the reformulation of a new economic policy for the 21st century.
The effects of the Covid-19’s pandemic, while extremely painful, are giving a second chance for political-economists to re-found both the discipline and the practice of economic policy.
From this point of view, today the situation, because of the mounting questioning of the mainstream neo-liberal monetarism seems better than a decade ago. However, without denying that there is a certain consensus that some changes in the practice of economic policy are needed, there are still few proposals grounded on a new economic philosophy, as few as actual political proposals for economic policy.
The aim of this special issue is to debate the future of economic policy and its foundations and to look for new or old tools to address the political, economic, and social challenges the world faces today.
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