This paper argues that history of economics has a fruitful, underappreciated role to play in the development of economics, especially when understood as a policy science. This goes against the grain of the last half century during which economics, which has undergone a formal revolution, has...

This review of $2.00 a Day: Living on Almost Nothing in America, by Kathryn J. Edin and H. Luke Shaefer discusses their research and findings regarding the poorest of the poor in post-welfare reform America. This thoroughly researched work presents a stark picture of modern poverty - today, more...

Der entwicklungsökonomische Diskurs ist aktuell geprägt durch eine kontroverse Debatte zwischen Jeffrey Sachs und William Easterly. Der Beitrag rekonstruiert beide Ansätze aus ordonomischer Perspektive. Er argumentiert, dass eine auf Kooperation angelegte Semantik vergleichsweise besser...

Drawing on an ordonomic approach, this paper argues that a theory of global justice should incorporate as a pivotal cornerstone a theory of corporate citizenship which constructively addresses business firms as agents of social value creation. We argue that, instead of relying exclusively on...

The purpose of this article is to develop an ordonomic conceptualization of corporate citizenship and new governance that (a) provides a framework for positively explaining the political participation of companies in new governance processes and (b) does not weaken but instead strengthens the...

This case study traces the evolution of poverty in Mongolia, a country currently developing a pluralist approach to poverty alleviation. Mongolia is unique because it transformed from nomadic pastoralism to Soviet socialism without a natural industrial development though capital markets. In the...

The growth surge produced by East Asian newly industrialised nations since 1970s has been a central theme of research and debate amongst many social scientists and policy makers. From an “institutionalist” perspective, the idea of “development state” was theorised to explain this “East...

Multiple Krisen und das veritable Risiko einer Stagflation erfordern (prozess-)politische Maßnahmen, wie eine Orchestrierung der Makropolitiken, eine finanzpolitische Investitionsoffensive und eine an Resilienz orientierte Außenwirtschaftspolitik. Wie lassen sich diese aktuell gebotenen...

The COVID-19 pandemic has severely changed the world economy and jeopardized the implementation of Sustainable Development Goals on a large scale. Progress in meeting the goals of the 2030 Agenda has been significantly disrupted and stalled, undermining previous efforts of governments and...