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Walter Eucken's role in the early history of the Mont Pèlerin Society
Kolev, Stefan; Goldschmidt, Nils; Hesse, Jan-Otmar - Walter Eucken Institut - 2014
Constitutional Economics perspective, his influence on the discussions within neoliberalism and, more specifically, his impact in the … that Eucken was very influential in the formation of the MPS and that German ordoliberalism had a significant imprint on … a Continental European and an Anglo-Saxon understanding of neoliberalism, despite the personal friendships and high …
Persistent link: https://www.econbiz.de/10010985889
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The ‘Coase Theorem’ vs. Coase theorem proper: How an error emerged and why it remained uncorrected so long
Yalcintas, Altug - Volkswirtschaftliche Fakultät, … - 2010
, The Theory of Price. Even almost 50 years after the publication of Coase’s original article, the consequence of the …
Persistent link: https://www.econbiz.de/10011260562
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One Analogy Can Hide Another: Physics and Biology in Alchian’s “Economic Natural Selection”
Levallois, Levallois, C. - Erasmus Research Institute of Management (ERIM), … - 2008
Today, Alchian's "Uncertainty, evolution and economic theory" (1950) is hailed by evolutionary economists as a most … maximization principle in the theory of the firm. Our examination of the early intellectual life of Alchian shows that it was his …
Persistent link: https://www.econbiz.de/10010730866
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Value and Exchange in Law and Economics: Buchanan versus Posner
Marciano, Alain - International Centre for Economic Research (ICER) - 2006
Meir Kohn’s Exchange and Value claims that economics can be characterised around two opposed paradigms, the exchange and the value paradigms. In this paper, we apply this dichotomy to characterise the analyses proposed by economists in the field known as “law and economics”. We compare and...
Persistent link: https://www.econbiz.de/10004972530
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An Explanation to Individual Knowledge and Behavior Based on Empirical Substrates
Zhao, Liang; Zhu, Xian Chen - Volkswirtschaftliche Fakultät, … - 2008
Using recent findings from modern empirical disciplines and mainly building on F.A.Hayek’s thoughts, the paper gives a definition of knowledge in accord with the Austrian School’s tradition, and basing on the definition, it sums up three behavior assumptions and a framework on explaining...
Persistent link: https://www.econbiz.de/10005620117
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A Hayekian Explanation of Hayek's "Epistemic Turn"
Scheall, Scott - Center for the History of Political Economy - 2014
theory of belief revision, the develo pment of an approach less susceptible to the same disappointment. …
Persistent link: https://www.econbiz.de/10010764306
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On Schumpeter’s 'The Past and Future of Social Sciences'. A Schumpeterian Theory of Scientific Development?
Lucarelli, Stefano; Baron, Hervé - Volkswirtschaftliche Fakultät, … - 2014
Schumpeterian theory of scientific development? Subsequently: is Vergangenheit und Zukunft only «a brief outline of what first …
Persistent link: https://www.econbiz.de/10011114468
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Schumpeter and Georgescu-Roegen on the Foundations of an Evolutionary Analysis
Heinzel, Christoph - Laboratoire Études et Recherches Économiques … - 2012
Qualitative change is widely recognized as a defining feature of evolution. Schumpeter and Georgescu-Roegen put it at the center of their methodological reasoning. I revisit important contributions of these two authors, paying attention to the immediate relationship of the major traits and...
Persistent link: https://www.econbiz.de/10011114828
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Austrians´ Tactical Mistakes that Prevent Them to "Conquer the Orthodoxy"
Kovanda, Lukáš - In: Politická ekonomie 2013 (2013) 3, pp. 411-427
According to quite a number of scholars, even non-Austrian, some theories of Austrian school of economic thought do provide an increasingly relevant material to explain recent boom-and-bust economic cycles as well as financial crises. However, I argue, this development is not adequately...
Persistent link: https://www.econbiz.de/10011195246
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John Maynard Keynes of Bloomsbury: Four Short Talks
Goodwin, Craufurd; Hoover, Kevin D.; Weintraub, E. Roy; … - Duke University, Department of Economics - 2010
Four talks on Keynes in relation to the Bloomsbury Group: I. Maynard Keynes of Bloomsbury (Craufurd Goodwin); II. Keynes as Policy Advisor (E. Roy Weintraub); III. Keynes and Economics (Kevin D. Hoover); IV. Keynes and Hayek (Bruce Caldwell). The talks were delivered as part of roundtable...
Persistent link: https://www.econbiz.de/10008549007