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This comment deals with Lipietz's presentation of a solution which had been proposed to the transformation problem. Lipietz's account can be criticized in two respects. First, his attempt to integrate the familiar Morishima-type approach with the newer one is based on a confusion between the...
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Hayek’s and Popper’s bibliographies, their biographies, their methodological theses in favor of individualism, their common commitment against historicism, historism and planism, and crossed references in their writings bring us to infer (at least) some intellectual debate between them, or...
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The fertility of Adam Smith’s work stems from a paradoxical structure where the pursuit of economic self-interest and wealth accumulation serve wider social objectives. The incentive for this wealth accumulation comes from a desire for social recognition or "sympathy" – the need to recognise...
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Utilitarianism represents a major reference to which Sen's writings refer back when it comes to the ethics of collective choices. Which utilitarianism is it; Sentham and Sidgwick's historical utilitarianism, the utilitarianism impregnated with marginal calculation a la Edgeworth, or the...
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The article analyses Hawtrey's influence on Keynes's monetary thought. On the one hand Hawtrey carries on ricardian tradition and on the other he introduces the monetary macroeconomic paradigm. His theory includes both exogenous and endogenous money. Keynes is inspired by Hawtrey's approach but...
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