The New Pragmatism, or economics and policy for the future: (An essay)

Grzegorz Kolodko

doi:10.1556/aoecon.64.2014.2.1

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Acta Oeconomica

Volume/Issue:: Volume 64: Issue 2

The New Pragmatism, or economics and policy for the future

(An essay)

Author:

Grzegorz Kolodko

Grzegorz Kolodko Kozminski University Transformation, Integration and Globalization Economic Research (TIGER) Warsaw Poland

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Pages:: 139–160

Online Publication Date:: 03 Jul 2014

Publication Date:: 01 Jun 2014

Article Category:: Journal Article

DOI:: https://doi.org/10.1556/aoecon.64.2014.2.1

Keywords:: future; institutions; growth; development; world; globalisation; strategy; economic policy; Normative Economics; A11; A13; F02; F55; H12; K00; O10; O43; P16

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Economics is not only a means of interpreting the past, but it must become an instrument for shaping the future, too. It should show inevitable future economic processes, with their links to culture, technology, and environment. With theoretical knowledge of this area, strategies of economically, socially, and environmentally sustainable development can be put in place. In the future, heterodoxy is bound to dominate, and economics will become increasingly interdisciplinary. Future generations need economics of moderation and a theory describing it, as opposed to the thus far prevailing economics of either deficiency or excess. We need the New Pragmatism.

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Acta Oeconomica Periodical of the Hungarian Academy of Sciences

Print ISSN:: 0001-6373

Online ISSN:: 1588-2659

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Péter Benczúr, Joint Joint Research Center, European Commission
Dóra Benedek, International Monetary Fund
Balázs Égert, OECD
Dániel Prinz, World Bank
Rok Spruk, University of Ljubljana, School of Economics and Business, Slovenia

Editorial Board

Anders Åslund, Georgetown University and Advisory Council of CASE, USA
István Benczes, Corvinus University of Budapest, Hungary
Agnieszka Chłoń-Domińczak, SGH Warsaw School of Economics, Poland
Fabrizio Coricelli, University of Siena, Italy
László Csaba, Corvinus University of Budapest, Hungary and Central European University, Austria
Beáta Farkas, Faculty of Economics and Business Administration, University of Szeged, Hungary
Péter Halmai, Budapest University of Technology and Economics, and National University of Public Service, Hungary
Martin Kahanec, Central European University, Austria
David Kemme, University of Memphis, USA
Michael Landesmann, The Vienna Institute for International Economic Studies (WIIW), Austria
Péter Mihályi, Corvinus University of Budapest, Hungary
Debora Revoltella, European Investment Bank

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary
E-mail: judit.kalman@uni-corvinus.hu

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CiteScore	1.4
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SJR index	0.218
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Acta Oeconomica
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Acta Oeconomica
Language	English
Size	B5
Year of Foundation	1966
Volumes per Year	1
Issues per Year	4
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ISSN	0001-6373 (Print)
ISSN	1588-2659 (Online)