This paper provides theoretical tools for discussing some aspects of the nature’s value controversy within Ecological Economics. It is argued that the critical stance of ‘incommensurability of values’ can be reinforced with key insights coming from a political economy of wealth inspired by...

This paper provides theoretical tools for discussing some aspects of the nature’s value controversy within Ecological Economics. It is argued that the critical stance of ‘incommensurability of values’ can be reinforced with key insights coming from a political economy of wealth inspired by...

It was remarked at the outset of this paper that, in the 1920s,there existed a vigorous, diverse, and distinctly American literature dealing with monetary economics and the business cycle.

The paper reconstructs the origins of the quantity theory of money and its applications. Against the background of the history of money, it is shown that the theory was flexible enough to adapt to institutional change and thus succeeded in maintaining its relevance. To this day, it is useful as...

The paper, using the historical approach, reveals the sources and the basis of formation of the present-day knowledge on the essence of entrepreneurship prior to the middle of the 20 century. The views of representatives of the main economic schools are being analyzed. The specific national...

After Wicksell in 1911 had published the second Swedish edition of his Lectures on Political Economy, a debate began in the Ekonomisk Tidskrift between Wicksell and his opponent Sven Brisman. The controversy was mainly about the concept of capital and the rate of interest, but the circumstances...