Navigation – Plan du site

Texte intégral

1This tenth issue of the Revue de la Régulation reopens the dialogue between neo-Keynesian theory and Regulationist theory which was initiated in our very first issue through an interview with post-Keynesian economist Marc Lavoie. The exchange continues in the special section entitled ‘Post-Keynesianism and Regulation theory: shared perspectives’, where Englebert Stockhammer, interviewed by Robert Boyer and Mikaël Clévenot, reviews the stumbling blocks and meeting points between the two approaches. These questions are also addressed by Mark Setterfield, who emphasises the possible points of convergence. In a comparative reading of such potential, awaited and sometimes missed encounters, Robert Boyer explores ways of overcoming the obstacles to this intellectual exchange which is, in his view, quite beneficial. Angel Asensio, Sébastien Charles, Dany Lang and Edwin Le Heron, meanwhile, insist on the essential meeting points through a review of recent post-Keynesian studies. And the young Japanese researcher Hiroshi Nishi presents an empirical analysis of growth and demand formation across the Japanese economy based on VAR modelling.

2The spirit behind this thematic section is one of mutually reinforcing the two approaches on the basis of their complementary natures. In spite of different methodologies, the two heterodoxies share common origins, as well as broad agreement on the crisis, which both of them clearly anticipated. In the present context, it thus seems particularly appropriate to publish this thematic issue.

3In addition to the special section, several articles develop connections with other recurrent subjects in the Revue de la Régulation. Two articles thus deal with the conditions behind the generation of thought, or more straightforwardly, paradigmatic domination. Addressing the question from a sociological standpoint, Olivier Godechot traces the how the neoclassical paradigm came to be established within France’s prestigious École des Hautes Études en Sciences Sociales (EHESS). In an attempt to explain the responsibility of economics in the present crisis, Bruno Théret examines the interrelations between the three dominant currents of thought in university economics and finance departments and ultimately comes back to the role of money within authorised economic knowledge.

4The rest of the issue contains articles dealing in one way or another and from a variety of perspectives with the subject of the crisis. In the spirit of Polyani, Jérôme Maucourant and Sébastien Plociniczak argue that it is essential to apprehend the market as an institutionalised process, with the result that it no longer appears as the self-regulating process which is the touchstone of the standard approach. Here we are dealing with one of the foundations of the present crisis of the economy (and economic thought). Hélène Tordjman integrates the crisis into a more comprehensive perspective, namely that of technical modernity. She focuses on (the crisis of) the domination of instrumental rationality on the basis of two situations, finance and the high-productivity farming system. Bernard Billaudot turns to the question of the current debt crisis, and more specifically, the crisis phase of the euro, and analyses different prospective scenarios, including that of the single currency.

5Last of all, the book review section includes a debate around André Orléan’s Empire de la valeur. Refonder l’économie (Empire of value. Reshaping economic thought), which, given the importance of the issues involved, will be continued in future issues. In their exchange, Jean-Marie Harribey and André Orléan develop the topics addressed at the first Séminaire d'économie politique, held in Paris in November 2011. Along similar lines, Sophie Jallais and Ozgur Gün discuss Gérard Duménil and Dominique Lévy’s The Crisis of Neoliberalism which was the subject of the second seminar (9 January 2012).

Haut de page

Pour citer cet article

Référence électronique

« Editorial », Revue de la régulation [En ligne], 10 | 2e semestre / Autumn 2011, mis en ligne le 28 décembre 2012, consulté le 27 mai 2020. URL :

Haut de page

Droits d’auteur

Licence Creative Commons
Revue de la régulation est mise à disposition selon les termes de la Licence Creative Commons Attribution - Pas d'Utilisation Commerciale - Pas de Modification 4.0 International.

Haut de page