Should the history of economic thought be included in undergraduate curricula?
This paper has been included in the publication
“The Economics Curriculum: Towards a radical reformulation”
The mainstream view about the irrelevance of HET is illustrated, and the reasons for it are indicated in the hidden assumption of a positivist idea about the cumulative growth of knowledge. HET is however very important when existence of different approaches to economics is recognized. As an illustration, classical and marginalist conceptualizations of the economy are briefly discussed.