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Recent literature on Adam Smith and other 18th 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 Scots...
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"Value Without Fetish presents the first in-depth English-language study of the influential Japanese economist Uno Kōzō's (1897-1977) theory of 'pure capitalism' in the light of the method and object of Marx's Critique of Political Economy. A close analysis of the theories of value,...
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This paper briefly presents the life of Abram Bergson (Burk). It summarizes its most important contributions to economic theory: microeconomics, welfare economics, comparative economics and sovietology. The role of value judgments in the construction of social indexes or in the comparison of...
Persistent link: https://www.econbiz.de/10013072735
The idea of measuring scientific relevance by counting citations is gaining ever-growing consensus among economists, and thanks to the electronic bibliographic resources now available the procedure has become relatively simple and fast. However, when it comes to putting the idea into practice...
Persistent link: https://www.econbiz.de/10013160333
Dennis Robertson had no understanding of how J M Keynes's Multiplier concept was based on the use of differential calculus techniques that required one to take the mathematical limit of an infinite, decreasing, geometric series. Robertson failed to see that the derivative concept requires that...
Persistent link: https://www.econbiz.de/10012909554
Gavin Kennedy has carefully shown that the “Invisible Hand” myth, that greedy and selfish private optimizing behavior leads to a social macro optimum that benefits all, had nothing to do with Adam Smith's use of the invisible hand metaphor in The Wealth of Nations. Kennedy also showed that...
Persistent link: https://www.econbiz.de/10012942585