Over the course of their professional lives, Henry E. Kyburg, Isaac Levi, and Jochen Runde have maintained the claim that J M Keynes’s contributions to probability and decision theory were of a comparative, qualitative nature only. They maintained that J M Keynes had some interesting, but...

This paper concerns a neglected aspect of Lucas's work: his methodological writings, published and unpublished. Particular attention is paid to his views on the relationship between theory and ideology. I start by setting out Lucas's non-standard conception of theory: to him, a theory and a...

Recent literature on Adam Smith and other 18th-century Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans—social sciences, humanities, as well as neuroscience and evolutionary psychology. We share with the 18th-century...

Key Messages * The industry is suffering a downturn that might lead to a wider economic crisis. The negative stage experienced by the housing sector is recognizable in the increasing number of unsold units, in the declining number of transactions and in the progressive cooling down of prices....

The link between demographic pressure and economic conditions in pre-Famine Ireland has long interested economists. This paper re-visits the topic, harnessing the highly disaggregated parish-level data from the 1841 Census of Ireland. Using population per value adjusted acre as a measure of...

Paul Samuelson's famous 1948 "factor price equalization theorem" was his main contribution to international trade theory. He demonstrated conditions under which trade in goods only would lead to full equalization of the remuneration of productive factors across countries. In practice, general...

In this paper we address the issue of the role of ideology and political preferences of publically engaged economists and contribute to the debate on consensus in economics. To do so, we conduct a social network analysis on the signatories of economist petitions, which we identify as one channel...

The "natural rate hypothesis" is usually ascribed to ideas put forward by M. Friedman and E. Phelps between 1966 and 1968. It postulates that changes in nominal aggregate demand affect aggregate output because agents cannot temporarily distinguish relative from general price movements when they...

Timothy Snyder has suggested an interpretive framework of the Holocaust that runs counter to previous scholarly literature as well as to popular perception. Snyder's central thesis is that the mass murder of Europe's Jewish population should be understood in the context of Nazi policy towards...