This paper argues that history of economics has a fruitful, underappreciated role to play in the development of economics, especially when understood as a policy science. This goes against the grain of the last half century during which economics, which has undergone a formal revolution, has...

This review of $2.00 a Day: Living on Almost Nothing in America, by Kathryn J. Edin and H. Luke Shaefer discusses their research and findings regarding the poorest of the poor in post-welfare reform America. This thoroughly researched work presents a stark picture of modern poverty - today, more...

Drawing on an ordonomic approach, this paper argues that a theory of global justice should incorporate as a pivotal cornerstone a theory of corporate citizenship which constructively addresses business firms as agents of social value creation. We argue that, instead of relying exclusively on...

Der entwicklungsökonomische Diskurs ist aktuell geprägt durch eine kontroverse Debatte zwischen Jeffrey Sachs und William Easterly. Der Beitrag rekonstruiert beide Ansätze aus ordonomischer Perspektive. Er argumentiert, dass eine auf Kooperation angelegte Semantik vergleichsweise besser...