This is a revised and expanded version of an autobiographical essay contributed to the volume "I Chose Liberty: Autobiographies of Contemporary Libertarians" (ed., Walter Block, 2010), collecting autobiographical notes from classical liberal / libertarian academics within economics, political...

This paper develops a hypothesis of the economist, Albert Hirschman in 'The Rhetoric of Reaction, Perversity, Futility, Jeopardy' (Harvard, 1991) regarding the history of the independence of Colombia. The Rhetoric of Independence extended the geographical worldview of the people of Spanish...

Unlike leaders and scholars in the rest of the world, at least one Chinese leader and a Chinese scholar have identified the need to establish economic democracy as basis for introducing political democracy. Economic democracy also increases survival for the many by reducing environmental...

Entre las diferentes corrientes del pensamiento económico, existe un concepto que ha brillado por su ausencia. La idea de la felicidad, además de no estar presente en la corriente dominante de la economía, ha sufrido un proceso de transformación a través de la evolución de la disciplina de...

Evidence has been mounting that the interest-based debt financing regime is under increasing distress. Evidence also suggests that the financial crises, whatever title they carried – exchange rate crisis or banking crisis – have been debt related crises in essence. At present, data suggest...

Survey instruments are used to examine the role which ‘warm glow’, social cohesion or identity play in determining the demand for the output of consumer cooperatives. Almost 300 students are surveyed. My findings challenge the narrow economic worldview that only economic variables count; but...

This study here categorizes innovations considering the taxonomic characteristics of interaction between technologies in complex systems. The proposed classification, in a broad analogy with the ecology, includes four categories of technology considering the typology of their interaction: 1)...

When we characterize an argument that has no sound theoretical foundation as political, then what has been produced by economists so far is political economics. However, since the Classics and Marx all major economic schools have defended the claim that they were doing science. This claim has...

What stands before all eyes as failed Orthodoxy is ultimately caused by the wrong answer to Mill's Starting Problem. It is now pretty obvious that one cannot put utility maximization, equilibrium, well-behaved production functions, ergodicity or any other physical or psychological or...