Showing 1 - 8 of 8
This paper provides a critical reading of Janek Wasserman’s The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas. Wasserman depicts the evolution of the Austrian School from the 1860s until today, a particularly illuminating narrative for the readers of this journal....
Persistent link: https://www.econbiz.de/10014504478
The @term neoliberalism is a faithful companion of current public debates. It often serves as a proxy for what is allegedly wrong with society. The term is used to criticize a perceived commodification of spheres of human existence that used to be shielded from a purely economic logic. Recently,...
Persistent link: https://www.econbiz.de/10014293022
Widespread use of the term "neoliberalism" is of surprisingly recent origin, dating to only the late 20 th century. The "neoliberalism" literature has nonetheless settled on an origin story that depicts the term as a self-selected moniker from the 1938 Walter Lippmann Colloquium. This paper...
Persistent link: https://www.econbiz.de/10014521781
In comparing the historical circumstances in which ordoliberalism emerged with the socio-economic and political trends of today, this study identifies parallels that can provide useful insights into tackling current challenges in the digital age. On this basis, the study explores whether...
Persistent link: https://www.econbiz.de/10014523588
The ”mainstream” neoclassical assumptions about human economic behavior are currently challenged by both behavioural researches on human behaviour and other theoretical approaches which, in the context of the recent economic and financial crisis find arguments to reinforce their theoretical...
Persistent link: https://www.econbiz.de/10012017247
This article highlights the various sources that shaped the genesis of ordoliberalism. In the wake of the emerging project of neoliberalism, ordoliberals created a theory that contains a bundle of claims, which constitute the attempt to merge liberalism and its contextual embedding into a social...
Persistent link: https://www.econbiz.de/10014501761
Scitovsky is known as a forerunner of behavioural economics simply because he drew heavily on psychology and claimed that people's choices may be "joyless" (Scitovsky, The joyless economy, 1976). However, a careful reformulation of his analysis shows that he anticipated a number of insights...
Persistent link: https://www.econbiz.de/10010378318
Scitovsky is known as a forerunner of behavioural economics simply because he drew heavily on psychology and claimed that people's choices may be "joyless" (Scitovsky, The joyless economy, 1976). However, a careful reformulation of his analysis shows that he anticipated a number of insights...
Persistent link: https://www.econbiz.de/10010370939