It is well-established that market governance can be provided by both public (state) and private organizations. However, the concept of private governance has been used, this article contends, to refer to two distinct forms of non-state governance: private governance and community governance. We...

This paper argues that Schumpeter's ‘Theory of Economic Development' is best interpreted as a theory of the avant-garde, in line with such theories developed by artistic avant-garde at the times, such as the Futurists. The work is not only published around the same time that many avant-garde...

This paper analyzes the reasons why Jan Tinbergen was initially hostile to the idea of European integration, which he regarded as a poor substitute for an international order. The paper argues that Tinbergen's thought on the international order was crucially shaped by two influences, his...

It is 50 years since the first Nobel Prize in economics was awarded to Jan Tinbergen and Ragnar Frisch. This article analyzes, based on their correspondence, the cooperation between these pioneers of econometrics which spanned four decades and various subfields in economics. It is demonstrated...

This paper argues that there are two rival meanings of the concept of ecological rationality, which are often believed to be closely related if not similar. The first type is ecological rationality (ER1) as used in the work of Gerd Gigerenzer, which refers to the use of cognitive strategies,...

Economics is characterized by an epistemological break: a discontinuity, between everyday and scientific understandings. An extensive empirical literature proves the so-called economic ignorance of the public. This has created a disdain for the public among economists and provided an argument...

We provide an analysis of the effectiveness of the cultural policy in Brazil under the Rouanet law for the period 1993-2016. We find that donations and sponsorships under this law have exacerbated existing disparities, benefitted mostly already profitable cultural organizations, and have given a...