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The present paper, taking the cue from the Italian translation of Vergangenheit und Zukunft der Sozialwissenschaften (The Past and Future of Social Sciences), a Schumpeter’s book which was not always well understood in the literature, tries to pose some questions about Schumpeter’s work....
Persistent link: https://www.econbiz.de/10011114468
Using recent findings from modern empirical disciplines and mainly building on F.A.Hayek’s thoughts, the paper gives a definition of knowledge in accord with the Austrian School’s tradition, and basing on the definition, it sums up three behavior assumptions and a framework on explaining...
Persistent link: https://www.econbiz.de/10005620117
Abstract: History books are full of success stories. Intellectuals are interested in such stories because they are important in human history – they are important especially for those who are willing to know more about how we have reached the peak points of human civilization. History books,...
Persistent link: https://www.econbiz.de/10005837162
The question of what is the 'Coase Theorem?' has no simple answer. The majority of articles covering a variety of issues on the 'Coase Theorem' still misrepresent the main message of Coase (1960). The remaining controversy over the 'Coase Theorem' is because the literature on Coase (1960) has...
Persistent link: https://www.econbiz.de/10011260562
The article shows that mainstream economics, which now includes such current as new institutional economics, is the result of an evolution shaped by three institutions (capitalism, university and mathematics) by imposing to the profession of economists their founding beliefs. These beliefs are:...
Persistent link: https://www.econbiz.de/10011261090
This review of the book by Thomas Piketty, the capital in the XXI century, presents the central themes of the work and exposes its scope on the relationship between inequality and wealth. In particular a positive reflections on the progressive tax is added.
Persistent link: https://www.econbiz.de/10011115505
The neoliberal economic and political practice is still worldwide present. But deregulation is no longer very popular. New rules are imposed. Easy consumer credit and excessive issues of financial liabilities are recognized as directly responsible for the crisis. Neoliberal policies ultimately...
Persistent link: https://www.econbiz.de/10011107595
In this essay, I quantitatively analyze the significance of scholarship in economic philosophy since the 1960s. In order to do so, I examine, through the number of publications and citations, the evolution of the main trends in economic philosophy over a fifty years period. This paper will...
Persistent link: https://www.econbiz.de/10011108944
This paper aims to propose a reading of [des] political order in Colombia, using as a theoretical source of Douglass North's reflections on the economic formation of political institutions. The contributions of this letter are very preliminary in nature and can better be understood taking into...
Persistent link: https://www.econbiz.de/10011110244
The article is divided into two parts. The first describes Hayek's critique of the progressive tax system since its conception of social order and fiscal rationality. Hayek thinks about a key principle in liberal democracies: majority rule. And stretching comments to the influence of morality in...
Persistent link: https://www.econbiz.de/10011113126