Three elements make up the heart of Gustav Schmoller’s conception of social policy: 1. Schmoller’s comprehensive view regarding social policy issues; 2. Schmoller’s distinction between the internal and external effects of socio-political measures and finally, 3. the importance Schmoller...

This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...

This paper summarizes and highlights different methodological approaches to behavioural economics in the context of the conventional economic wisdom and the implications of these different methodological approaches for financial literacy, related institutional change, and public policy....

This article gives an overview of the life and work of Bulgarian economist Georgi Danailov in the beginning of the 20th century. Studied consequently in Moscow, Berlin, Munich and Vienna under such influential scholars of his time as Chuprov, Yanzhulov, Schmoller, Sombart and Brentano, Danailov...

Article about system essence of social contradictions between a society and the power inevitably arising at level of municipal management. On the basis of V. Pareto heritage and the theory of self-organising of I. Prigozhin the author analyzes deep problems of formation of a civil society in Russia.

The paper investigates two different approaches to the analysis of institutions using game theory and discusses their methodological and theoretical implications for further research. Starting from von Neumann and Morgenstern’s theory, we investigate how game theory has been applied to the...

Heller Farkas az osztrák iskola képviselője volt, de olyan elemeket igyekezett elméleti rendszerébe beilleszteni, amelyek már túlmutattak az osztrák iskolán. Sőt, figyelme olyan jelenségekre is kiterjedt, amelyeket a hagyományos közgazdaságtan képviselői elhanyagoltak, ezért...

One of the keys to Max Weber's social economics is the evolution of institutional arrangements. In the first part, I show that Weber can be interpreted as an institutional economist. In the second part, I reconstruct the most important features of Max Weber's institutionalism, namely the...

I denna uppsats visas att Dahmén redan 1939 hade kommit fram till den grundläggande transformationsteoretiska syn han redovisade i sin licentiat avhandling av 1942. I en djuplodande analys av felinvesteringarnas roll i långsiktiga utvecklingsförlopp grundlade Dahmén 1939 för det...

The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann’s idiosyncratic (read: eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1)...