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Acceptance of computer modeling and experimentation has spread slowly at best in economics in large part because agent-based models often seem foreign to the neoclassical core of economics, as that core is understood today. But in its beginnings neoclassical economics was not built from choice...
Persistent link: https://www.econbiz.de/10014024369
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It is not so much known that before being a famous demographer Landry first contributed to political economy. Several scholars such as Edmund Malinvaud emphasized that it is not in doubt that Landry "revealed himself as a gifted theoretician". Supporting this view, the objective of this paper is...
Persistent link: https://www.econbiz.de/10010584276
Although the phenomenon of competition is fundamental of the economic theory and policy, the scientists have not yet achieved the consensus concerning the kind of competition which should be protected. Contemporary researchers striving to find the answer to this question rely on their...
Persistent link: https://www.econbiz.de/10011123290
The article investigates Wicksell's change of mind about the machinery question between 1890 and 1900/1901. Wicksell at first sided with the so-called “compensation theory” that workers are not harmed by the introduction of machinery. In his lecture notes of April 1900, made available here...
Persistent link: https://www.econbiz.de/10010854723
In his work Arbeit und Boden (Labor and Land) (1889) Otto Effertz outlined the foundations of a "Ponophysiocracy". This book which in its final, strongly modified version Les Antagonismes économiques was published in 1906, had a stronger impact on Adolphe Landry, who praises as well as...
Persistent link: https://www.econbiz.de/10010876308
The publication of Miti e paradossi della giustizia tributaria in 1938 originated an important epistemological debate between Einaudi and Fasiani. In Miti e paradossi, "useful’projects are considered as part of the scientific approach, and science has an interest in good governance and in the...
Persistent link: https://www.econbiz.de/10010876360
The Austrian school of economics is generally considered an antiwar school. The Austrian view is not derived from a religious or class-based ideological view. Instead, it derives entirely from the school's fundamental economic tenets. This article applies the economic views of the Austrian...
Persistent link: https://www.econbiz.de/10010941325
The Austrian school of economics increasingly has become identified with antiwar groups. This is not due to religious or political views. Rather, the antiwar viewpoints of the Austrians come from the fundamental tenets of economics as expressed by the school’s founders and refined for 140...
Persistent link: https://www.econbiz.de/10010941339
One frequently quoted passage from the work of John Maynard Keynes is that "the best way to destroy the capitalist system [is] to debauch the currency." The passage, attributed to Vladimir Illyich Lenin, appears in Keynes' book <em>The Economic Consequences of the Peace</em>, which became an...
Persistent link: https://www.econbiz.de/10005014606