Showing 1 - 10 of 19
The perception of individuals plays a central role in the business cycle theory that Hayek developed in the 1930s. Yet it does not make use of the psychology of perception which he had worked out in 1920, and which was published in 1952 as The Sensory Order. Is this a paradox? No! The Sensory...
Persistent link: https://www.econbiz.de/10004962250
The radical apriorism of Mises and Rothbard has frequently been violently criticized. Without attempting to rehabilitate this excessive thesis, the paper will revisit the intuition, originating in Kant, from which apriorism was developed. Taking as an example the "law" of diminishing marginal...
Persistent link: https://www.econbiz.de/10004962222
This paper proposes a reassessment of the well-known opposition between Menger and Böhm-Bawerk, generally presented as an opposition between a "subjectivist" view and a "materialist" view on capital and production. Using textual evidence, we argue that Böhm- Bawerk was a quasi-dogmatic...
Persistent link: https://www.econbiz.de/10004962232
This paper aims at considering money, not as a simple aspect, but as the logical starting point of the whole schumpeterian research project: grasping the complex phenomena underlying a capitalist economy. Schumpeter’s monetary theory is based on the concept of social accounting, providing us...
Persistent link: https://www.econbiz.de/10004962237
In 1933, Knight launched a violent attack against the Austrian theory of capital. Beyond an apparent opposition on the average period of production, the conflict concerns more profoundly the capacity of the Austrian theory to ground a general theory of production and to build on a dynamic...
Persistent link: https://www.econbiz.de/10004962243
The article takes a position on an approach that puts economic philosophy in a field consisting of three types of intersection: between political economy and social philosophy, between normative economics and moral philosophy, and finally between economics and philosophy of science. It shows,...
Persistent link: https://www.econbiz.de/10010709812
In this paper our concern is to analyse the historical and logical conditions of possibility of economic agent as a modern figure of the individual. In his Philosophy of Right Hegel shows that if modern individual is able to act as an economic agent, as a Bürger, in the civil society the reason...
Persistent link: https://www.econbiz.de/10005078880
The main purpose of this article is to stress the social nature of economic rationality in the works of Adam Smith and John Stuart Mill. As it will be suggested through some textual evidence, both thinkers believed that individuals and their actions depend on the social, cultural and moral frame...
Persistent link: https://www.econbiz.de/10005078884
The purpose of this paper is to put forward a tri-dimensional model in the analysis of political debates, such those that have been instituted by the French loi Bamier (Bamier Law, 1995). This law introduces a kind of participative democracy in decision-making relative to town and country...
Persistent link: https://www.econbiz.de/10005078905
Are institutionalism and structuralism compatible or do they confront each other? This article suggests an answer to this question, starting from an analysis of the structuration of these two paradigmatic fields of social sciences. It observes the existence in economics of both structuralist...
Persistent link: https://www.econbiz.de/10005078908