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This paper reviews the debate in economics over neuroeconomics' contribution to economics. It distinguishes majority and minority views, argues that this debate has been framed by mainstream economics' conception of itself as an isolated science, and argues that this framing has put off the...
Persistent link: https://www.econbiz.de/10012993779
The paper develops a conceptual framework for the neuroeconomic analysis of money that is based on recent theories of distributed cognition. In doing this, I show that a unique historical contribution to the theory of money, Simmel's ‘Philosophy of Money', receives full support by recent...
Persistent link: https://www.econbiz.de/10013053966
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The essays in this volume offer a reassessment of Jeremy Bentham's strikingly original legal philosophy. Early on, Bentham discovered his “genius for legislation” — “legislation” included not only law making and code writing, but also political and social institution building and...
Persistent link: https://www.econbiz.de/10012864701
Die moderne Volkswirtschaftslehre als wissenschaftliche Disziplin ist einerseits durch große Uneinheitlichkeit geprägt, die andererseits selbst in Zeiten der Krise der Theorie anscheinend nicht nachhaltig in ein öffentliches Bewusstsein vordringen konnte. Nach wie vor wird "die Ökonomik"...
Persistent link: https://www.econbiz.de/10010348348
This paper argues that despite a growing body of scholarly literature on Sir James Steuart, his theory of history and influence on Marxian political economy has been largely ignored. The approach of this paper is motivated, in part, by Marx's sympathetic treatment of Steuart found in the opening...
Persistent link: https://www.econbiz.de/10008937484
The systematic study of political economy begins with the recognition of two seemingly contradictory observations about commercial life. The first observation is that individuals pursue their self-interest and do so as effectively as they are capable of doing. The second observation is that...
Persistent link: https://www.econbiz.de/10013015120
The fields of the history and methodology of economics have recently experienced a quantitative turn. Among the quantitative tools and methods recently used, text mining has received less attention. In this article, we apply a “text as data” approach to the study of Adam Smith's The Wealth...
Persistent link: https://www.econbiz.de/10012834796
David Ricardo's key place in the history of economic thought is well established. However, both the understanding of his Principles of Political Economy and Taxation and its role in the development of economic analysis is much more controversial. Cambridge economists have contributed...
Persistent link: https://www.econbiz.de/10013059076