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The received idea is that he could not miss the science of modernity. But if we investigate what can be considered as the economic thought of Rousseau, we must be distinguish two different lines of thought: one which has to do with the division of labour (to be mostly found in Emile and the...
Persistent link: https://www.econbiz.de/10004962241
Ricardo's model of capital accumulation is studied on the basis of his distinction between natural and accidental causes that are associated with permanent and temporary effects. The consequence is that, from the two contemporary interpretations of this model: theses of Hollander and Peach, only...
Persistent link: https://www.econbiz.de/10004962269
This article compares the problems arising in the course of the editing of the Interwar Papers and Correspondence (1919-1939) of Roy Harrod and of the materials relating to the preparation (1934-1937) of Gottfried Haberler's inquiry on Prosperity and Depression led for the League of Nations. In...
Persistent link: https://www.econbiz.de/10008543153
This article contributes to the explanation of the methodological differences between Cournot and Walras when these authors apply mathematics to economics. Our article explains the reasons behind Cournot’s refusal when Walras required him to write an article, which advocates the application of...
Persistent link: https://www.econbiz.de/10009003042
The aim of this essay is to describe the concept of self-interest and show how it relates to the idea of the individual as an economic agent, focusing only on Smith's Wealth of Nations. Self-interest is analysed from three different perspectives that highlight its conceptual complexity. The...
Persistent link: https://www.econbiz.de/10005078885
The aim of this paper is to trace the evolution of the concept of ''rational consumer'' in Hicks's writings. After being one of the pioneers in the introduction of rationality assumptions about consumer behaviour in economic models, Hicks gradually developed a sceptical view about some of the...
Persistent link: https://www.econbiz.de/10005078897
One of the keys to Max Weber's social economics is the evolution of institutional arrangements. In the first part, I show that Weber can be interpreted as an institutional economist. In the second part, I reconstruct the most important features of Max Weber's institutionalism, namely the...
Persistent link: https://www.econbiz.de/10005078915
In 1958 Hirschman's The Strategy of Economic Development irrupted in the development economics scene. His work provided the explanations of the economic development with a new point of view, assessing productive activities by their capacity to inducing new activity. This book also induced in its...
Persistent link: https://www.econbiz.de/10005078920
Hayek founds his liberalism on the notion of order, principally used to construct his theory of spontaneous market order. After discussing the importance and the ambiguities of the distinction between spontaneous orders and organized orders, we show that one of the great weaknesses of this...
Persistent link: https://www.econbiz.de/10005078926
This paper considers the economic policy advocated by Keynes and Friedman in relation to their particular theoretical framework. They have in common an opposition to fine-tuning of the economy. With regard to the contrasting strategies of rules versus discretion, both would be advocates of...
Persistent link: https://www.econbiz.de/10010550865