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This short paper examines a possible connection between religion and economics in terms of the parallelism between the Homo economicus doctrine and the individual soul doctrine. The paper explores whether resistance to pluralism in economics as a methodological practice might be explained in...
Persistent link: https://www.econbiz.de/10014175658
Although involved in projects of influent institutions like the Cowles Commission, the NBER, and the Michigan Survey Research Center (SRC), George Katona, the “pioneer student and chief collector of consumer anticipations data” (Tobin, 1959, p. 1) is virtually absent from accounts of the...
Persistent link: https://www.econbiz.de/10014175737
Once economics came to be understood as the scientific investigation of the operation of markets, economic theorists pushed ethical and metaphysical concerns outside their realm of study. After the separation, the claims of Christian theology had no more jurisdiction over the discipline of...
Persistent link: https://www.econbiz.de/10014176080
Economists have been unable to comprehend the logical framework of Keynes’ A Treatise on Probability (1921) and General Theory (1936). This is due to their failure to read both works in their entirety. Instead, they concentrate on the first three chapters of Part I of the General Theory or the...
Persistent link: https://www.econbiz.de/10014178068
Persistent link: https://www.econbiz.de/10014186461
Frank Jan de Graaf argues that the domination of neoclassical economic thinking in academia has contributed to the economic crisis and hindered thinking about sustainable development. Currently, ethics is re-entering the debate about how to develop prosperous open societies. A group of NGOs...
Persistent link: https://www.econbiz.de/10014186996
Schumpeter had a clear vision of the developing economy, but he did not formalize it. The quest for a germane formal basis is in the following guided by the general question: what is the minimum set of foundational propositions for a consistent reconstruction of the evolving money economy? We...
Persistent link: https://www.econbiz.de/10014043396
In this article, the author offers a discussion of the evidential role of the Galilean constant in the history of physics. The author argues that measurable constants help theories constrain data. Theories are engines for research, and this helps explain why the Duhem-Quine thesis does not...
Persistent link: https://www.econbiz.de/10014053311
This paper discusses the following two hypotheses. The first one is based on the epistemological proposal which we have named the principle of discontinuity. It asserts that certain developments in the history of economic thought involve theoretical breaks which can only be fully explained by...
Persistent link: https://www.econbiz.de/10014198361
The study of the history of economic theory is entwined with both non-neoclassical and especially Marxist political economic analyses. These analyses basically relate the creation of an autonomous science of economic relations to the establishment of capitalism. Usually, the main agents in this...
Persistent link: https://www.econbiz.de/10014199482