Showing 1 - 10 of 20
This work is an attempt, first, to outline the basic building blocks of evolutionary theory in economics and, second, to offer a comparative assessment of different strands of literature which call upon evolutionary ideas of some sort. We sketch out what we consider to be the main results...
Persistent link: https://www.econbiz.de/10008578485
The ability of economics to answer more and more diverse questions goes with rising contestations of its relevance. The paper analyses the evolution of the discipline along four perspectives, in contemporary societies where information and knowledge tend to be more specifically valued. The first...
Persistent link: https://www.econbiz.de/10008578674
The economic thought of Jean-Jacques Rousseau has often been reduced to some pieces on money, inequalities, luxury and autarky. Compared to contemporary writings of Quesnay, Smith or Hume, it has been considered for long as backward. Jean Mathiot has however shown that, far from being...
Persistent link: https://www.econbiz.de/10008578749
J. Dewey and J.R. Commons have shared a common intellectual and practical engagement for democracy. This paper contends that the proximity of their analysis is larger than the explicit tribute Commons? conception of social sciences pays to Dewey?s social philosophy. On the basis of a...
Persistent link: https://www.econbiz.de/10011187969
This paper deals with Commons?s and Veblen?s position on the specific institution of family. Commons adheres to the …
Persistent link: https://www.econbiz.de/10011187972
The paper presents analytical critics of the model of private fiat monies proposed by Hayek in The Denationalisation of Money, and in doing so it formulates the concept of « monetary brand name ». On the one hand, this model of competition between floating banking monies without outside...
Persistent link: https://www.econbiz.de/10008578977
In spite of its well-known theoretical weaknesses nowadays, the concept of human capital has become unavoidable as a category of the practice. The economic actors, managers or employees do make use of it spontaneously to depict their actions. We must take account of the practical success of the...
Persistent link: https://www.econbiz.de/10008579007
This article aims to illustrate how artificial intelligence and cognitive sciences may complement economic approaches to learning and coordination. This article proposes a model of individual rationality which microeconomic assumptions are based on the principles of induction, classification and...
Persistent link: https://www.econbiz.de/10008631665
Based on an interdisciplinary approach, this article aims at elucidating what can be called the nature of money. To define it, we first distinguish between the generic properties of every money and its different and non specifically monetary uses. Then currency is grasped through its three...
Persistent link: https://www.econbiz.de/10008578423
Hayek regards complexity as specific to spontaneous orders or self-organizing structures. These orders are characterized by the phenomena of irreducible ignorance and emergence (of new properties of the whole which its separate parts do not possess) and by the incapacity to handle them. Their...
Persistent link: https://www.econbiz.de/10008632709