Is Health Economics “Heterodoxic” -OR- Not?

A Real or False Linguistic Conundrum?

By Dr. David E. Marcinko MBA

Heterodox Economics

Heterodox Economics refers to methodologies or schools of economic thought that are considered outside of “mainstream economics”, often represented by expositors as contrasting with or going beyond neoclassical economics. “Heterodox economics” is an umbrella term used to cover various approaches, schools, or traditions.


Health Economics [not healthcare economics]
Health Economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare. In broad terms, health economists study the functioning of healthcare systems and health-affecting behaviors such as smoking.
The “father” of health economics may just well be Ken Arrow, PhD.
Assessment: So, is health economics now mainstream; or still heterodoxic in 2019? OR, is the definitial conundrum just a matter of linguistics and terms-of-art. Your thoughts are appreciated.

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