Institute for New Economic Thinking, the New Economics Foundation, and the Forum New Economy have been established to foster new … approaches to understanding and transforming economies. While some main-stream economists see this as a significant and positive … scientific sense (à la Kuhn) or just variations within the existing neoclassical framework. Despite some studies suggesting a …

official history of economic thought and macroeconomic history, as can easily be seen by visiting Investopedia or Wikipedia … discovered that she did not have the slightest idea about his liquidity preference theory of the rate of interest, which is … Cambridge and convinced Keynes that his logical theory of probability ,based directly on the work of the greatest mathematical …

suggest the idea of a partial order and the fact that not all probabilities were comparable, measurable or commensurable … believes that it would have been a relatively simple matter, at any time during the last 100 years, for philosophers and/or … and lower probabilities, i.e. intervals. Keynes's description, that such intervals are non (not) numerical probabilities …

never be proved true, but only not falsified", "a model is useful because it simplifies reality" or "data mining is bad". In …Is economics a science? Answering this question is not only necessary for philosophical clarity, but also crucial for … knowing how seriously to take economists' claims and advice about public policy. Nevertheless, even among practitioners and …

Italian Peninsula had already become global. My essay will focus on how Malynes built not just upon long-standing and well …This essay will provide a necessarily brief and preliminary survey of certain phenomena involved in the early modern … international maritime law, trade practices, accounting methods, and above all an essay on financial instruments, Malynes' work …

are or should be set to promote efficient transactions and to minimize litigation costs. I argue that these theories are … interpretation, default rules, equitable remedies, legal damages or defenses are animated by distinct principles and normative …The chapter first identifies the two leading monist theories of contract and illustrates their deficits. Autonomy …

. The Article traces the birth of the canon, showing that the canon did not exist until 2013 and was not certain until 2020 …. This is not a case of a contested or difficult historic record.With the causation canon the Court did not simply apply the …’s common law or even the Restatement of Torts. The Court significantly changed the common law and then magnified the …

differences between these two approaches do not consist in the use of different statistical methods, economic theories or … observe or understand the system in all its complexity, Friedman's Marshallian approach takes into account this inability and … represented by Lawrence R. Klein, and the statistical economics program represented by Milton Friedman. I argue that the …

One Friday afternoon a dozen or so years ago I sat in on a freshman honors seminar led by one of my colleagues. This … weekly seminar featured guest speakers from various walks of life, and that week's speaker was a state legislator who … happened to be a member of the Republican party. At one point during his talk, the legislator emphasized that he was not a …