ABSTRACT
Did anything go wrong with economics? A good many of the “mainline” economists would probably say no, or at least not very much. A survey of the profession would probably reveal that a considerable majority of economists, at least those under forty, and especially those who have just gotten tenure, would be highly satisfied with the present state of affairs. On the other hand, there are rumblings of descent, by no means united. There is still URPE, no longer as flamboyant as it was in the sixties, but still doing a certain amount of neo-Marxist complaining. There is a little group of humanist economists, the post-Keynesians, the neo-Institutionalists, the Society for Evolutionary Economics, and a few lone voices here and there, including mine. There is even a little supply-side economics on the Reaganish right.
