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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...
Persistent link: https://www.econbiz.de/10011592240
The paper replies to Wade Hands's recent criticism of one part of my 2005 book, Economic Theory and Cognitive Science: Microexplanation (ETCS). Hands argues that my association of my view of the foundations of microeconomics with aspects of the thought of Lionel Robbins and Paul Samuelson is...
Persistent link: https://www.econbiz.de/10012724181
Today, Alchian's quot;Uncertainty, evolution and economic theoryquot; (1950) is hailed by evolutionary economists as a most important piece, which resumed an evolutionary brand of theorizing in economics after the eclipse of the interwar period. On the other hand, Alchian's article is also...
Persistent link: https://www.econbiz.de/10012758037
Recent literature on Adam Smith and other 18th 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 Scots...
Persistent link: https://www.econbiz.de/10013020903
The aim of this paper is to analyse the way in which the world is divided into different 'legal traditions', in order to understand the actual establishment of a ranking of the various legal systems, as it is used as a powerful device for global governance, directed to mould policy projects of...
Persistent link: https://www.econbiz.de/10013025859
Hayek's later work on the possibility of socio-economic order in decentralized market economies is an exercise in contrastive causal explanation as conceptualized by realist social theorists and philosophers. This interpretation of Hayek's work lends support to the view that Hayek's post-1960...
Persistent link: https://www.econbiz.de/10013042934
Apart from followers as Milton Friedman, Paul Samuelson, Ronald Coase, and Maurice Allais, most economists abandoned Irving Fisher’s economic framework after the post-1929 Great Crisis. Without citing Fisher however, in 1958 Franco Modigliani and Merton Miller reutilised his framework to found...
Persistent link: https://www.econbiz.de/10013217809
Recent literature on Adam Smith and other 18th 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 Scots...
Persistent link: https://www.econbiz.de/10011602798
Once economics came to be understood as the scientific investigation of the operation of markets, economic theorists pushed ethical and metaphysical concerns outside their realm of study. After the separation, the claims of Christian theology had no more jurisdiction over the discipline of...
Persistent link: https://www.econbiz.de/10014176080