Introduction:Introduction:The Waltzing The Waltzing

ParadigmsParadigms

Introduction: The Waltzing Introduction: The Waltzing ParadigmsParadigms

WaltzWaltz::A dance performed to music in A dance performed to music in triple time by couples who, almost triple time by couples who, almost embracing each other, swing round embracing each other, swing round and round in the same direction and round in the same direction with smooth and even steps, with smooth and even steps, moving on as they gyrate.moving on as they gyrate.ParadigmParadigm::A conceptual or methodological A conceptual or methodological model underlying the theories and model underlying the theories and practices of a science or discipline practices of a science or discipline at a particular time; (hence) a at a particular time; (hence) a generally accepted world view. generally accepted world view.

““The Garden of Earthly Delights”The Garden of Earthly Delights”

A better viewA better view

““The Garden of Earthly Delights”The Garden of Earthly Delights”

by Hieronymus Boschby Hieronymus Bosch

http://www.artstor.org/info/http://www.artstor.org/info/

Belo Horizonte, Minas Gerais, Belo Horizonte, Minas Gerais, BrazilBrazil

Porto Alegre, Rio Grande do Porto Alegre, Rio Grande do Sul,BrazilSul,Brazil

Acapulco, Guerrero, MexicoAcapulco, Guerrero, Mexico

Marx BrothersMarx Brothers

Marx BrothersMarx Brothers

MarxismMarxism::

The ideas, theories, and methods of The ideas, theories, and methods of Karl Marx; Karl Marx; esp.esp. the political and the political and economic theories propounded by economic theories propounded by Marx together with Friedrich Marx together with Friedrich Engels, later developed by their Engels, later developed by their followers to form the basis for the followers to form the basis for the theory and practice of communism. theory and practice of communism.

Chicago boysChicago boys

Chicago BoysChicago Boys

Chicago BoysChicago Boys::

A group of Chilean economists A group of Chilean economists working under the administration of working under the administration of dictator Augusto Pinochet. These dictator Augusto Pinochet. These academics and administrators academics and administrators designed economic policies heavily designed economic policies heavily influenced by the Chicago School of influenced by the Chicago School of Economics, particularly by the neo-Economics, particularly by the neo-classical work of Milton Friedman. classical work of Milton Friedman.

Structuralism, monetarism, neo-Structuralism, monetarism, neo-liberalism…liberalism…

““Dominant” economic paradigms in Dominant” economic paradigms in Latin America.Latin America.

Rough timeline:Rough timeline:

Structuralism: 1950s-1970sStructuralism: 1950s-1970s

Monetarism: 1980sMonetarism: 1980s

Neo-liberalism: 1990sNeo-liberalism: 1990s

Washington Consensus: 1990s, today?Washington Consensus: 1990s, today?

Sources and ReferencesSources and References

All definitions from:All definitions from:

Oxford English Dictionary (online)Oxford English Dictionary (online)

http://dictionary.oed.comhttp://dictionary.oed.com

AndAnd

Encyclopædia Britannica Online Encyclopædia Britannica Online (academic edition)(academic edition)

http://http://search.eb.comsearch.eb.com//