The widespread adoption of Internet technology has profoundly changed economic activities and people’s lifestyle. In the face of technological innovation and industrial revolution under the current unprecedented big shifts in a century, focusing on the exciting situation of the vigorous...

This educational resource utilizes the Essential Scholars series published by the Fraser Institute and combines it with the Kahoot! learning platform to promote deeper learning. The nine Essential Scholars (Adam Smith, David Ricardo, David Hume, John Locke, Joseph Schumpeter, James Buchanan,...

The interpretive critique is primarily focused on economics as a system for understanding markets as a dynamic process of human interactions and exchange. It does not equate economics with the market but instead understands economics as one of several ways of interpreting the market. The...

In the context of ongoing criticisms of the lack of pluralism in economics, the present article aims to discuss the development of 'heterodox' economics since the 1970s. Following Lakatos's concept of scientific research programs (srp), and concentrating on the situation in Germany, the article...

In the history of economic thought Walter Eucken is mostly known for his impact in establishing the Social Market Economy in post-war Germany. Even though there is a growing interest in his ideas especially from an Austrian and a Constitutional Economics perspective, his influence on the...

This article discusses the development of 'heterodox' economics at universities in Germany since the 1970s. Based on Lakatos' concept of scientific research programmes (SRP), the article introduces a classification of economics in order to clarify the understanding of variety within economics,...

We describe and compare the experiences of academic exclusion of Alexander Del Mar, J.A. Hobson, and Gordon Tullock. While aspects of the circumstances differed, a common element was academic exclusion because of challenges to mainstream views. Alexander Del Mar, J.A. Hobson, and Gordon Tullock...

When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...

Shorter undergraduate studies, increasing specialization and the priority of applied research in Economics represent threats for the History of Economic Thought (HET) as an integral part of the training of young economists. There are mostly sociological arguments to reduce or eliminate HET...