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Axiomatization is the prime task of theoretical economics. Without correct axioms,no correct theory. Without correct theory, no understanding of how the economy works. Without empirically corroborated understanding, no useful economic policy advice. Yet, much more important than any political...
Persistent link: https://www.econbiz.de/10011112952
What do economists understand about the economy if they do not understand the profit phenomenon? Next to nothing …. Therefore, the very first task in theoretical economics is to clarify the difference between profit and wage income and their …
Persistent link: https://www.econbiz.de/10011267893
A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788
This paper provides a rejoinder to Colander, Holt and Rosser (2010) strategy to win friends and influence mainstream economics. It is suggested that their strategy is counter-productive, and while it might gain them friends, it will not lead to increased influence of heterodox ideas within what...
Persistent link: https://www.econbiz.de/10009245599
The paper analyzes the way in which evolved the concept of autonomous agent in the cognition sciences [the functional and symbolic approach, the behavioural approach and morphodynamic approach.]
Persistent link: https://www.econbiz.de/10008464141
The issue of innovation in the framework of economic theory is a challenge to which nobody has offered an adequate answer. Economic mainstream does not take into consideration this issue.
Persistent link: https://www.econbiz.de/10008464193
Cross disciplinary dialogue between economics and ecology has within economics centered on the two subdisciplines of bioeconomics and ecological economics. This division in economics re ects the division in ecology between population and sys- tems ecologists. Recent developments in ecology are...
Persistent link: https://www.econbiz.de/10005790288
Este artículo sigue el recorrido histórico del uso de metáforas visuales en las ciencias sociales y particularmente en la sociología. Se argumenta que el uso de este tipo de metáforas explica el discurso sobre la objetividad en las ciencias sociales.
Persistent link: https://www.econbiz.de/10008518165
This article presents a comparative analysis of the approaches of institutional economics and Walrasian economics. After reviewing the differences between both perspectives, it argues that institutional economics is an alternative, however incomplete, to general equilibrium economics. It...
Persistent link: https://www.econbiz.de/10005747261
This paper distinguishes among four kinds of beliefs: conviction, confidence, perception, conception. Conviction concerns self-ability:“I can build these stairs.” Confidence also concerns the self—ut focuses on the assertion of will in the face of weakness of will. Perception is about the...
Persistent link: https://www.econbiz.de/10005621224