My philosophical case study concerns textbook presentations of the theory of demand. Does this theory contain anything …. But then, the theory implies false factual claims. We can avoid this result by embracing the theory’s normative character … of physics by Oliver Timmer. Applying his ideas to the theory of demand reveals that the statements of this discipline …

This thesis investigates the role of institutions in shaping macroeconomic phenomena. The first two chapters focus on … financial institutions, formalizing interactions between information and competition in frictional credit markets and providing … relationship between political institutions and growth.In Chapter 1, I construct a credit-based model of production to analyze how …

set of formal and informal market-regulating and market-stabilising institutions. The following positive institutional …

are blind to the cultures and institutions which characterize different kinds of capitalism. This conclusion is reached by …; institutions; culture; variety; cumulative causationcausation. …

"This theme paper focuses on political institutions and their effects on social choice. Institutions are argued to play … molding and channeling preferences, institutions prescribe and constrain the set of choosing agents, the manner in which their … equilibrium outcomes in order to assess the importance of institutions for final outcomes. In so doing, we will have some …

Monetarism is a macroeconomic theory predicated on the belief that a capitalist economy is inherently stable. Therefore … as concerns Monetarism. First of all is Monetarism a valid economic theory? In other words how well does Monetarist … theory actually predict the movements of certain economic variables, given changes in other economic variables, most notably …