What does PAE mean in AUTISM

Post Autistic Economics (PAE) is a movement which seeks to promote a new approach to the teaching and practice of economics. It advocates for systemic thinking, with an emphasis on interdisciplinarity, complexity and dialogue. PAE encourages economists to broaden their perspectives beyond traditional neoclassical models and explore alternative approaches such as heterodox economics, ecological economics, evolutionary economics, complexity science and new institutional economics.

PAE differs from traditional economic models by its focus on broader systems-thinking that takes into account real-world dynamics and connections among actors in the economy. It looks at banks, markets and regulations as interlinked agents in a larger complex economic system. This perspective allows economists to better understand how economic developments are influenced by external factors like technology changes or political upheavals. Additionally, it promotes ethics linked with sustainable development and regards innovation as central to successful economies.

Through its focus on realms beyond mainstream neoclassical models, PAE enables economists to use more comprehensive tools when researching economic problems. In addition to better understanding global economic trends and developments, this approach can help economists identify unintended consequences of economic policies or decision making errors that might otherwise have been overlooked in traditional analyses. As this knowledge is disseminated among academics and policy makers alike, it could theoretically lead to better decision-making that benefits both individuals and societies in the long-term.

Notable proponents of PAE include prominent figures in the academic disciplines of sociology, anthropology, philosophy and history such as Michel Callon, Glenn Morgan and Ugo Pagano. A number of universities have embraced the approach including University College London (UCL), Radboud University Nijmegen (Radboud) and Humboldt University Berlin (Humboldt). Additionally, various organizations devoted to sustainability such as Earth Economics regularly draw attention to PAE’s principles through their research projects or advocacy work.

UCL’s Centre for Economic Learning & Social Evolution (CELLS) has undertaken several initiatives related to PAE such as developing methods for public engagement with complex socio-technical systems or researching corporate governance reform in banking sectors within Europe and Japan. Additionally Radboud’s Institute for Management Research has completed projects on risk management during financial crises whilst Humboldt’s Berlin School for Social Sciences & Humanities has published research paper series dedicated solely to PAE topics such as capitalism's 'grand narrative' or how researchers shape public perception around financial markets.

The fundamentals behind PAE affirm sustainability since it promotes ethical business practices based on long-term considerations rather than short-term gains. It also calls for rigorous analysis of environmental conditions when factoring potential impacts into future decision making processes amongst businesses or governments alike based on true cost accounting principles i.e., where social & environmental externalities are considered explicitly during evaluations instead of being discounted off balance sheets entirely.

The roots of the post autistic economics movement date back fifteen years ago when professor Bernard Guerrien wrote his book “Economics Degenerated – Pathologies Of The 21st Century Economy". This was followed by Jean Gadrey's publication “Economics Unmasked – From Power And Greed To Compassion And The Common Good" which introduced the term "post autistic" economy . These two texts launched a wave of debates around revamping the study and practice o feconomics inboxing environmental protection , social welfare& distributional justice issues alongwith financial stability.