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Of Positivism and the History of Economic Thought
Caldwell, Bruce - 2012
The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...
Persistent link: https://www.econbiz.de/10011592198
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Why and how to teach the history of economic thought: Economics as historically produced knowledge
Cohen, Avi Jonathan; Emmett, Ross B. - 2011
This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...
Persistent link: https://www.econbiz.de/10011613795
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Recent Engagements with Adam Smith and the Scottish Enlightenment
Paganelli, Maria Pia - 2015
Recent literature on Adam Smith and other 18th-century Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans—social sciences, humanities, as well as neuroscience and evolutionary psychology. We share with the 18th-century...
Persistent link: https://www.econbiz.de/10011592240
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Professor Fisher and the quantity theory: A significant encounter
Laidler, David - 2011
Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism … the theory, derived from his recognition of bank deposits as means of exchange, was to treat their out of equilibrium … happening was directly related to his faith in the quantity theory's seeming implication that price level stability in and of …
Persistent link: https://www.econbiz.de/10010292029
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Friedrich Hayek and His Visits to Chile
Caldwell, Bruce; Montes, Leonidas - 2014
F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with Genera l Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Ha yek gave interviews that were published in the...
Persistent link: https://www.econbiz.de/10011592231
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Nash's interpretations of equilibrium: Solving the objections to Cournot
Streb, Jorge M. - 2015
A Nash equilibrium can also be seen as a Cournot-Nash equilibrium, though this is debated because Cournot provided a specific application, not a general formulation. In my view, another of Nash's fundamental contributions stands out when contrasting him to Cournot. Cournot treated economic...
Persistent link: https://www.econbiz.de/10011460819
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Outside money: The advantages of owning the magic porridge pot
Wray, L. Randall - 2014
chartalism. The modern version has come to be called Modern Money Theory. Much of the recent research has delved into three main … areas: mining previous work, applying the theory to analysis of current sovereign monetary operations, and exploring the …
Persistent link: https://www.econbiz.de/10010513039
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From the state theory of money to modern money theory: An alternative to economic orthodoxy
Wray, L. Randall - 2014
Theory (MMT). In the MMT approach, the state (or any other authority able to impose an obligation) imposes a liability in the …
Persistent link: https://www.econbiz.de/10010513085
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John Stuart Mill and China: Peeking behind China's stationary state
Xiao, Yue - 2019
Current literature on John Stuart Mill's writings about Asia has mainly focused on his influence in India because of Mill's 35-year career in the East India Company. Scholars in both China and the West have not paid attention to Mill's views on China. This paper delves into Mill's notion of...
Persistent link: https://www.econbiz.de/10012140945
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Exposure to past immigration waves and attitudes toward newcomers
Gihleb, Rania; Giuntella, Osea; Stella, Luca - 2022
How does previous exposure to massive immigrant inflows affect concerns about current immigration and the integration of refugees? To answer this question, we investigate attitudes toward newcomers among natives and previous immigrants. In areas that in the 1990s received higher inflows of...
Persistent link: https://www.econbiz.de/10013414464