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Whether a theoretical system is realistic or not has been a concern in economics, particularly in monetary theory, over … the past century. Following John R. Hicks' proposal that a realistic monetary theory could be constructed along an … basic theories of monetary analysis. Concentrating primarily on certain fundamental building blocks it covers: the theory …
Persistent link: https://www.econbiz.de/10012648074
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10011422113
Hans Albert hat in einigen Arbeiten den apriorischen Charakter des "neoklassischen Denkstils" kritisiert und treffend als "Modellplatonismus" bezeichnet. Die apriorische Denkhaltung findet sich aber nicht nur in der von Albert kritisierten Neoklassik, sondern vielleicht noch ausgeprägterer bei...
Persistent link: https://www.econbiz.de/10011626624
This paper has two sources: One is my own research in three broad areas: business cycles, economic measurement and social choice. In all of these fields I attempted to apply the basic precepts of the scientific method as it is understood in the natural sciences. I found that my effort at using...
Persistent link: https://www.econbiz.de/10010295300
This book considers the relationship between Hayek and Mill, taking issues with Hayek's criticism of Mill and providing a broader perspective of the liberal tradition. Featuring contributions from the likes of Ross Emmett, Leon Montes and Robert Garnett, these chapters ask whether Hayek had an...
Persistent link: https://www.econbiz.de/10011902028
Using Adam Smith's notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O'Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier's main thesis and...
Persistent link: https://www.econbiz.de/10014321720
economic theory: his evaluation of the physiocracy. The main topics addressed include a historical evaluation of the …
Persistent link: https://www.econbiz.de/10010494387
ill health - of the theory are much exaggerated. In this article we provide a defence of the life-cycle framework as a …
Persistent link: https://www.econbiz.de/10010292931
Kurt W. Rothschild Lecture, Johannes Kepler University, Linz, 22 November 2001.
Persistent link: https://www.econbiz.de/10010294513
'theory first' versus the 'data first' perspectives in the context of a broader methodological framework with a view to …
Persistent link: https://www.econbiz.de/10010295282