Showing 1 - 10 of 148
Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both … supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The … marginalists - especially Jevons and Walras - viewed Cournot's (1838) book on mathematical economics as a seminal work on which …
Persistent link: https://www.econbiz.de/10011695287
This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life, 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper draws to a large extent on Friedrich Hayek's own investigations into the...
Persistent link: https://www.econbiz.de/10012515260
This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper examines the intellectual circles of fin-desiécle Vienna in which the Hayek...
Persistent link: https://www.econbiz.de/10012515261
The role of first principles in economics is examined through the lens of dominant methodological approaches of the … first principles as the basis for deductivist approaches to economics and the widespread belief that economics is an … attempts to define economics and its method from John Stuart Mill's economics as the science of wealth through Lionel Robbins …
Persistent link: https://www.econbiz.de/10011610133
Recent literature on Adam Smith and other 18th Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans - social sciences, humanities, as well as neuroscience and evolutionary psychology. We share with the 18th century Scots...
Persistent link: https://www.econbiz.de/10011602798
undeservedly seldom (section 5); finally, the connector to other contemporaneous paradigms of economics and economic sociology … explicitly built into the analysis. While the project is primarily conducted as a history of economics endeavor, revisiting … development of the research program of Austrian economics, as well as at a better understanding of the increasing politico …
Persistent link: https://www.econbiz.de/10011610366
Little is known about the relationship between Carl Menger, founder of the Austrian School of Economics and one of the … development of mathematical economics. The present paper begins to fill this gap in the literature. …
Persistent link: https://www.econbiz.de/10011949657
Max Weber's relationship to economics in general and to the Austrian School in particular has received more attention … between Weber and Wieser. Their projects of "Social Economics" are studied comparatively, with a special focus on the concepts … important insights for the development of "Social Economics" and of the early economics of the Austrian School. Second, this …
Persistent link: https://www.econbiz.de/10011760025
Paolo Sylos Labini's Oligopoly Theory and Technical Progress (1957) is considered one of the major contributions to entry-prevention models, especially after Franco Modigliani's famous formalization. Nonetheless, Modigliani neglected Sylos Labini's major aim when reviewing his work (1958),...
Persistent link: https://www.econbiz.de/10011707990
This article--designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered--is divided into three main sections, "historical origins," the "modern founders of MPE," and a brief description of some "current issues" studied by public...
Persistent link: https://www.econbiz.de/10012656425