This review focuses upon three themes from Aristotle's Economic Thought by Scott Meikle, (1995) to reveal how (1) Aristotle's essentialist metaphysics can assist in clarifying contemporary issues in (2) value theory and (3) economics as ethics. Essentialism allows one to pose (adequately) the...

Using insights from the 'socio-economics of labour markets' and building upon critical realist meta-theory, this paper offers the first sketch of a socio-economic model of labour markets as an alternative to the orthodox model. Copyright The Author 2010. Published by Oxford University Press on...

An economic system requires a principle of organisation. An adequate theory has to uncover and elaborate this principle Hayek rejects the principle of equilibrium, opting instead for a transformational principle of order. A theory of the latter requires an elaboration of real market processes,...

Boylan and O'Gorman have recently elaborated an interesting new perspective called causal holism, which attempts to go beyond developments in rhetoric and realism. The aim of this paper is to evaluate causal holism from the perspective of critical realism. Emphasis is placed primarily on three...