The late Warren J. Samuels saw intellectual history as an integral part of his economic scholarship. As an intellectual history he sought to elucidate a past economist's general theory of economic policy in order to assess the relevance of that policy approach to contemporary settings. For...

Ronald Coase (1910-2013), who sadly died at the remarkable age of 102, made significant contributions to economics based on common sense and the detailed study of his topics. Coase was awarded the Nobel Prize in Economic Sciences in 1991 “for his discovery and clarification of the significance...

Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity of natural-laws-based, laissez-faire policies. However, neoclassical theories are fundamentally disconnected from Adam Smith's notion of value, his understanding of the economic...

Neoclassical economists of the current era frequently pay lip service to Adam Smith’s theories to certify the validity of natural-laws-based, laissez-faire policies. However, neoclassical theories are fundamentally disconnected from Adam Smith’s notion of value, his understanding of the...

In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written “Whig History” is spurious. Moreover the author argues that Samuelson's own writings on modern economics are,...

The first edition of Mark's Economic Theory in Retrospect (1962) includes a chapter on methodology, ‘A Methodological Postscript,' which starts with four big epistemological and methodological questions: ‘What do economists know? How much does economics explain? What are the principles upon...

Este artículo relaciona las implicaciones de la teoría sobre los costos de transacción de Ronald Coase. La economía de los costos de transacción (ECT) es un marco teórico de primer orden para la comprensión tanto de las limitaciones para el desarrollo de la empresa; y para advertir...

In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written “Whig History” is spurious. Moreover the author argues that Samuelson's own writings on modern economics are,...

In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written "Whig History" is spurious. Moreover the author argues that Samuelson's own writings on modern economics are , whether...