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Abstract Katja Langenbucher’s outstanding book seeks to address the question of why and in what ways have lawyers been importing economic theories into a legal environment, and how has this shaped scholarly research, judicial and legislative work? Since the financial crisis, corporate or...
Persistent link: https://www.econbiz.de/10014585066
, and the impact of your ideas. Our subject today is Steven Cheung’s advice to economists: that personal observation and … real-world business experience can lead economists to greater insights and fewer errors. In his own words: “The world is my …
Persistent link: https://www.econbiz.de/10014615703
Allyn Young′s lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo‐classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that...
Persistent link: https://www.econbiz.de/10014863385
is critical to economic development and economists should now devote more attention to it.  …
Persistent link: https://www.econbiz.de/10014863452
Makes the case that the classical theory of production, as developed primarily by Adam Smith, should be seen as a precursor of the modern capabilities view of the firm (Penrose, Richardson, Nelson and Winter, Teece, Langlois and others). Furthermore, based on an empiricist epistemology, Smith...
Persistent link: https://www.econbiz.de/10014863511
An interview with Milton Friedman in 1996 ‐ presents his reflections on some of the important issues surrounding the evolution of, and currrent debates within, modern macroeconomics. A world‐renowned economist and prolific author since the 1930s, Milton Friedman has had a considerable impact...
Persistent link: https://www.econbiz.de/10014863515
Describes how the opinions about Wilhelm Roscher and his work developed during the century following his death in the USA. Possible reasons for the changes are explored. Special attention is given to the more favourable reception of Roscher in the USA as opposed to the UK. A central point is...
Persistent link: https://www.econbiz.de/10014863882
Persistent link: https://www.econbiz.de/10014863930
The first part of this article focuses on Roncaglia’s presentation of Piero Sraffa’s work and its significance for economic theory. The second part takes up some issues of content, method and interpretation of this work. It is argued that Sraffa must be put into a wider context to link him...
Persistent link: https://www.econbiz.de/10014862975
Based on Geoffrey Harcourt's Palgrave volumes, this review article attempts to picture how, in a Cambridge environment, Keynes's fragmentary monetary theory of production grew organically out of Marshall's equally fragmentary monetary theory of exchange. The dangers associated with Keynes's...
Persistent link: https://www.econbiz.de/10014863000