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Purpose – This paper aims to counter the view that Marshall was an opponent of the historical school. This false account has survived and prospered because it has fitted into more general conceptions of intellectual history, held by both orthodox and heterodox economists....
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This essay explores evolutionary and competence-based theories of the firm. Evolutionary theories can be regarded as a subset of a wider class of theories, variously described as “capabilities”, “resource-based”, or “competence-based” theories of the firm. These contrast with a...
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The appropriate role of mathematics in economics has been controversial for two hundred years, and has been a matter of … ongoing debate as economics became more mathematical after the Second World War. Controversy has been heightened after … the role of mathematics in economics, by leading authors including six Nobel Laureates, and from a variety of perspectives …
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