Showing 1 - 10 of 96
With this paper the author tries to clarify the terms of “public“ and “private“ with reference to the ideas of Thomas Hobbes and Johann Heinrich von Thünen. Both scientists showed that the individual's subsistence is very fundamental for a society and – therefore – the base of...
Persistent link: https://www.econbiz.de/10008564508
with theory appraisal and with the question of which rules, if any, should deal with the search for progress in economic …
Persistent link: https://www.econbiz.de/10011109592
Much like phenomenology, the philosophical movement of economic personalism has preceded its complete and clear awareness of itself as a philosophical position. This paper attempts to articulate what exactly this position is by employing realist phenomenology as its analytical tool. The...
Persistent link: https://www.econbiz.de/10005789556
The notion of subjectivism has a significant place in the body of economic theory, most notably in the theory of … not readily available in the body of economic theory. This paper argues that the truth or falsity of economic judgments …
Persistent link: https://www.econbiz.de/10005621708
Economic reality is constituted by economic objects such as goods, commodities, money, value, price, and exchange that, together, give rise to the complex entity known as the market. Each of these categories is governed by exact laws that provide the conditions for settling objectively whether...
Persistent link: https://www.econbiz.de/10005626833
-feeling by distinguishing two axes: “rationality axis” concerns whether the action is efficient or suboptimal; “intentionality …
Persistent link: https://www.econbiz.de/10005835773
This article introduces and discusses from a philosophical point of view the nascent field of neuroeconomics, which is the study of neural mechanisms involved in decision-making and their economic significance. Following a survey of the ways in which decision-making is usually construed in...
Persistent link: https://www.econbiz.de/10005836002
of theory in political domains. For the latter purpose, a more differentiated concept of rationality, appropriate to ill … (including international trade theory, and development) is also discussed, as are the limitations to the usefulness of any type …
Persistent link: https://www.econbiz.de/10005836597
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in … contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as … scarce resource theory (SRT) in operating level economics. The consequence of this is that leaders around the world and the …
Persistent link: https://www.econbiz.de/10009203644
The paper critically discusses the issue of rationality and choices in economics in both the behavioural and … the analysis of economic choices, showing the limits of rationality. On the other hand, the work offers a reinterpretation … of the theory of Alfred Marshall in a biologicalevolutionary perspective. The reinterpretation of Marshall's theory in a …
Persistent link: https://www.econbiz.de/10009418485