Sufficient Economy is our topical framework of economic thoughts. Sufficient Economy has been defined as per the ‘Sufficiency Economy Description and Definition' Set, henceforth abbreviated as SED&D, which shall form de rigor the basis of our interpretation and elaboration from here onward. We...

This article--designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered--is divided into three main sections, "historical origins," the "modern founders of MPE," and a brief description of some "current issues" studied by public...

In this essay, I use a general argument about the evidential role of data in ongoing inquiry to show that it is fruitful for economic historians and historians of economics to collaborate more frequently. The shared aim of this collaboration should be to learn from past economic experience in...

This paper compares and contrasts the hermeneutic turn advocated by Don Lavoie in this 1985 essay on The Interpretive Dimension of Economics with the ontological turn that was gathering momentum amongst other groups of heterodox economists at about the same time. It is argued that an explicit...

Recently, economics, both as a science and as a profession, has fallen under scrutiny by authors from various fields. A common theme in the critical literature is the idea that economics has morally lost its way and must be reformed. Each of the books discussed in this review studies perceived...

Accuracy of economic theories and efficiency of economic policy strictly depend on the choice of the economic variables and processes mostly liable for description of economic reality. That states the general problem of assessment of any possible economic variables and processes chargeable for...