Purpose – The paper examines the dependence of the positivist and welfarist preference satisfaction paradigm of neoclassical economics upon an implicit functionalist philosophy of mind. Functionalism is the doctrine that mental states are strictly materialistic and understandable in...

Explores Keynes′s long‐term policy proposals as social reform. Using early unpublished philosophical papers of Keynes, the argument is that Keynes′s long‐term policy proposals focused on reconciling “being good” and “doing good”. The socialization of investment was meant to bring...

Purpose – The paper examines the dependence of the positivist and welfarist preference satisfaction paradigm of neoclassical economics upon an implicit functionalist philosophy of mind. Functionalism is the doctrine that mental states are strictly materialistic and understandable in...

The affinities of Smith′s invisible hand notion and Hegel′s cunning of reason are examined through a study of all the key locations in which the invisible hand and cunning of reason are introduced. Despite their differences in orientation and philosophy, both writers reach similar...