Abstract

Heterodox economists have ‘always’ criticized mainstream economic textbooks, but what about criticisms put forward by mainstream economists? A limited but lively and rather overlooked mainstream debate is identified in this essay, in which the general message is that there is a critical gap between textbooks and the real world. The criticisms aired in this debate almost seem to be forgotten, although most of them are still highly relevant and, if taken seriously, might lead to significant changes of economics textbooks.

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