The crisis in (financial) markets led to the failure of orthodoxy and should bring out a new theoretical and methodological framework to Economics. This essay discusses what is Economics and if it needs to move away from its normative dimension to assert itself as a producer of scientific...

This is a discussion about the recent trends in the field of economic methodology. I argue that methodologists now agree that the evaluation of economic theories based on universal fixed rules has proven to be sterile. Instead, they tend to focus the methodological options actually made by...

This work intends to demonstrate the relevance and range of the contributions of Herbert A. Simon, as the pace of its ideas were useful as fundament to the development of many theoretical currents out of the mainstream. In this picture it will be highlighted, very briefly, examples in the...

Recommendations for economic policies can be based on different theoretical perspectives and may present biases that are not always perceptible to the public. Identifying these biases is even more challenging when they are embedded in recommendations coming from sources with high technological...

This paper discusses the use of Herbert Simon's concept of bounded rationality in the evolutionary firm of Nelson and Winter. The assumption of bounded rationality (an individual behavior) in a collective context of firm could require some justification. We suggest that the adoption of complex...

The article argues the need to preserve the pluralism in economics. The article examines: i) the nature of the knowledge and of its production; ii) the specificity of the knowledge production in economics and the historical and cultural conditionings of the knowledge; iii) the implications of the...

Harrod´s model: nature of long term expectations, instability and no linearity The different versions of Harrod´s growth model have always been the subject of controversy and mistaken interpretations: in this paper, we intend to show how Harrod, from 1938 onwards, provides the elements to...

Karl Popper?s social analysis: some analogy with the logic of situation in economics? ? Popper?s methodological contribution could be extended in order to include the use of his critical method in social and scientific practices, that is, it is not related only to falsificationism and socratic...

This article analyses one of the Demographic Census 2000 new features: the labor done without direct economic purpose, carried through for self-consumption. It also intends to analyze the implications of such innovation for the measurement of the new forms of labor, that is, the economic...

The paper examines the business cycle properties of a small set of real Brazilian macroeconomic time series using a variety of detrending methods. It is shown that both quantitatively and qualitatively “stylized facts” of Brazilian business cycle vary widely across detrending methods and...