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Economics

Developments in the field of economics are often expressed and legitimized in Kuhnian terms. For instance, neoclassical economists have claimed "to be at the second stage, and to have been there for a very long time – since Adam Smith, according to some accounts (Hollander, 1987), or Jevons according to others (Hutchison, 1978)". In the 1970s, post-Keynesian economists denied the coherence of the neoclassical paradigm, claiming that their own paradigm would ultimately become dominant.

While perhaps less explicit, Kuhn's influence remains apparent in recent economics. For instance, the abstract of Olivier Blanchard 's paper "The State of Macro" (2008) begins:

For a long while after the explosion of macroeconomics in the 1970s, the field looked like a battlefield. Over time however, largely because facts do not go away, a largely shared vision both of fluctuations and of methodology has emerged. Not everything is fine. Like all revolutions, this one has come with the destruction of some knowledge, and suffers from extremism and herding.