This paper goes through the main classical authors’ positions on the virtues and the limitations of both competition and socialism. The first section retrieves the evolution of socialistic ideas in England until the first half of the nineteenth century, highlighting Owen’s thesis. After...

This paper examines the classical economists’ views on the virtues and limitations of competition contrasted with the projects of socialism existent at the time. The first section retrieves the evolution of socialistic doctrines in England and France until the first half of the nineteenth...

In this paper we discuss the actual and civilizational role of the state and its management. The MBO and the same OECD accounts-financial models are not recommended.With an comparative analysis we conclude for the necessity of a more organics and strategic models of governance and not...

This paper deals with the debate which opposed Sismondi and the Ricardian economists, in the first half of the nineteenth century, on the equilibrium of markets, the role of competition and the effects of machinery in industrial societies. At the initial section, the main content of Sismondi?s...

The paper aims to investigate the main characteristics of institutions, as well as some of their more conspicuous peculiarities, as, for instance, their resistance to change, chiefly when compared to the capacity and speed of transformation of what is called the other social factors (or...

Thorstein Veblen (1857-1929), considered the first institutionalist author, tried to formulate, in the passage of the 19th century to the 20th, an original system of political economy that was alternative to classical, neoclassical, historicist and marxist thoughts. In this paper, this system of...

Our goal in this paper is to shed light on a forgotten contribution to Brazilian economic thought, that is Victor Viana's 1922 book Histórico da Formação Econômica do Brasil (Brazilian Economic Formation's Timeline). That book never got a second edition, and is rarely referenced among both...

Our goal in this paper is to shed light on a forgotten contribution to Brazilian economic thought, that is Victor Viana's 1922 book Histórico da Formação Econômica do Brasil (Brazilian Economic Formation's Timeline). That book never got a second edition, and is rarely referenced among both...

Chapter 12 of Keynes´ General Theory has concepts and analytical links with strong identification with the ones used by the so-called institutional approaches. This essay emphasises what seems to have been anticipated by Keynes on the research core of institutional economics, mainly based on...