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French Abstract: Dans cet article nous montrons d'abord que, contrairement à un résultat de Sraffa, il est possible - sous certaines conditions - de définir plusieurs marchandises homothétiques sur la base du même système de production originel. Cela nous permet de montrer que le prix...
Persistent link: https://www.econbiz.de/10013046267
This article is the introductory chapter to a festschrift in honour of Geoff Hodgson. In work spanning four decades, Geoff Hodgson has made many path-breaking contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory...
Persistent link: https://www.econbiz.de/10012866139
Austrian economist Ludwig Mises’s central role in the socialist calculation debates has been consensually acknowledged since the early 1920s. Yet, only recently, Nemeth, O’Neill, Uebel, and others have drawn particular attention to Mises’s pertinent encounter with one of the most colorful...
Persistent link: https://www.econbiz.de/10012607642
This paper compares and contrasts two schools of political economy: the Austrian School, prominent members of which include Friedrich Hayek and Ludwig von Mises; and the Bloomington School, which was founded by Elinor and Vincent Ostrom. It is argued that the two traditions share a good deal in...
Persistent link: https://www.econbiz.de/10012953094
Persistent link: https://www.econbiz.de/10012609393
The paper sketches a coherent history of the choice of the measure standard from Adam Smith's Wealth of Nations to Sraffa's Production of Commodities. As neither the Smithian labour commanded unit nor the Ricardian-Marxian labour embodied one provide a general solution to the dilemma concerning...
Persistent link: https://www.econbiz.de/10012129215
The article discusses the ongoing debate about a potential paradigm shift in eco-nomics. Institutions like the Institute for New Economic Thinking, the New Economics Foundation, and the Forum New Economy have been established to foster new approaches to understanding and transforming economies....
Persistent link: https://www.econbiz.de/10015081064
This article surveys computational approaches to classical-Marxian economics. These approaches include a range of techniques - such as numerical simulations, agent-based models, and Monte Carlo methods - and cover many areas within the classical-Marxian tradition. We focus on three major themes...
Persistent link: https://www.econbiz.de/10012295695
The availability of Piero Sraffa’s unpublished manuscripts and correspondence at Trinity College Library, Cambridge, has made it possible to begin to set out a more complete account of Sraffa’s philosophical thinking than previously could be done with only his published materials and the few...
Persistent link: https://www.econbiz.de/10014187245
Persistent link: https://www.econbiz.de/10001403000