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In this paper, I suggest that the history of the classification used by the American Economic Association to list economic literature and scholars is a relevant proxy to understand the transformation of economics science throughout the 20th century. Successive classifications were fashioned...
Persistent link: https://www.econbiz.de/10012972388
To answer the question "How to be an Ecological Economist", we must start by defining the field of Ecological Economics. Mainstream Economics altogether lacks the concepts required to deal adequately with nature, justice and time. It was the absence of these three concepts in this otherwise...
Persistent link: https://www.econbiz.de/10011422164
The Fall 2010 issue of the Journal of Private Enterprise featured a complicated set of papers (link to the issue). The lead article was a long paper by Jason Briggeman and me, on Israel Kirzner’s work on coordination and discovery. The thrust of our paper was an affirmation of Kirzner’s...
Persistent link: https://www.econbiz.de/10014180610
A system of thought allowed for the free market price of land to cyclically go down to zero. This is the economics of Moses. The economics of Jesus is a restatement of the economics of Moses. The first was applied during Biblical times and the latter, united with Aristotle’s thought and...
Persistent link: https://www.econbiz.de/10014202651
Henry Hazlitt was a public intellectual who had unusual strength in both economic reasoning and articulation and played a central role in communicating the ideas of classical or ‘orthodox’ economics to the general public. He occupied a unique position in the mid-20th century intellectual...
Persistent link: https://www.econbiz.de/10014163841
There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...
Persistent link: https://www.econbiz.de/10012949113
Macroeconomics essentially discusses macroeconomic phenomena from the perspectives of various schools of economic thought, each of which takes different views on how macroeconomic agents make decisions and how the corresponding markets operate. Therefore, developing a clear, comprehensive...
Persistent link: https://www.econbiz.de/10012914305
I describe an assignment for a history of economic thought (HET) course, "The Most Interesting Economist in History," modeled off of the NCAA Men's Basketball Tournament. Students vote in head-to-head matchups between economic writers by era for whom they find to be more "interesting" and...
Persistent link: https://www.econbiz.de/10013242042
Adam Ruins Everything is a self-proclaimed “half-hour information comedy show” that appears on truTV. The main goal of the show is to take topics and discuss how they are not as great as one might expect; for example, gift giving. In doing this, Adam Ruins Everything touches on many...
Persistent link: https://www.econbiz.de/10012899985