Die Diskussion um Karl Marx ist lange Zeit nur ideologisch positionell geführt worden. Wer sich nicht als Gegner oder Befürworter der Marxschen Lehre erklärte, hatte es schwer, in dieser Diskussion Gehör zu finden. Im letzten Viertel des vorigen Jahrhunderts hat jedoch sowohl in...

Die Diskussion um Karl Marx ist lange Zeit nur ideologisch positionell geführt worden. Wer sich nicht als Gegner oder Befürworter der Marxschen Lehre erklärte, hatte es schwer, in dieser Diskussion Gehör zu finden. Im letzten Viertel des vorigen Jahrhunderts hat jedoch sowohl in...

This paper uses as source material twenty-three autobiographical essays by Nobel economists presented since 1984 at Trinity University (San Antonio, Texas) and published in Lives of the Laureates (MIT Press). A goal of the lecture series is to enhance understanding of the link between biography...

The term 'emergence' features only infrequently on the work of Friedrich Hayek, and then almost always merely as a synonym for 'spontaneous order'. The argument of this paper is that Hayek's accounts both of the working of the human mind, and also of the spontaneous order of the market, rely...

This essay introduces the key themes, and papers, in an edited volume entitled, Commerce and Community: Ecologies of Social Cooperation. Since the end of the Cold War, the human face of economics has gained visibility and generated new conversations among economists and other social theorists....

This paper presents a synthesis of capital theory and business cycle analysis. Capital is the neglected child of macroeconomics. Despite its obvious importance, capital has not received the attention that it deserves in modeling the business cycle. While many business cycle models pay no or very...

The moral philosopher and political economist Adam Smith (1723-1790) and the author Mary Shelley (1798-1851) are studied in different spheres of the academy, for rather different purposes, with no supposed reason for dialogue. We claim in a close concurrent reading, however, that Smith and...

This author's version of a forthcoming SpringerBrief responds to the criticism that mainstream economics is currently facing due to its heavy reliance on models and narrow range of quantitative research techniques. It takes a broader view, identifying issues that are also relevant for heterodox...

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...

There has been growing interest in the field come to me known as “behavioral economics” which attempts to incorporate insights from other social sciences, especially psychology, in order to enrich the standard economic model. This interest the underlying psychology of human behavior returns...