In the famous debate between Keynes and Ohlin on the transfer problem, the interaction between non-traded goods and unemployment complicates the analysis considerably. We analyze these issues using four different models to conclude that Keynes's concern regarding the large burden imposed on...

Dieser Aufsatz diskutiert Wege zur Lösung von Umweltproblemen. Einen Weg bietet die Wirtschaftswissenschaft: Sie hat ökonomische Instrumente entwickelt, die der Umwelt einen Marktpreis zuordnen und so den Marktmechanismus zur Lösung von Umweltproblemen einsetzten. Dieser Weg der...

Edward O. Wilson has defined consilience as a strong reductionist program in science. This paper proposes an ontological approach to consilience, which allows for an emergentist interpretation. The methodological basis is naturalism, which is defined through some fundamental notions such as the...

The assumption of rationality is central in current economic theory. This hypothesis is the pillar for the creation of the homo economicus of conventional theory. Starting with Adam Smith’s approach to rationality, the aim of this paper is to contribute to the discussion of the main...

The author emphasizes that 2009 must be remembered not only for the 200 birthday of Charles Darwin, but as well as the 250-year anniversary of Adam Smith’s “Theory of Moral Sentiments”. Proceeding from the fact that Darwin as well as Robert Malthus refer to a classical economist, it is...

In spite of its title, in the midst of his numerous achievements, Darwin's book was unable to "solve" the problem of "speciation" that is the problem of the origin of species. We survey the modern biological literature and we argue that it has shown that the laws of structure and change that...

In spite of its title, in the midst of his numerous achievements, Darwin's book was unable to "solve" the problem of "speciation" that is the problem of the origin of species. We survey the modern biological literature and we argue that it has shown that the laws of structure and change that...

There are fundamental differences between the two forms of equation Fisher expressed. The so-called Fisher equation MV=PT does not represent fisher's real intention. A careful study reveals how later economists mismatch Fisher and his equation of exchange. The mismatch improperly neutralized...

We experiment with integrating economics and ethics in a form that could be described as literary-critical economic nonfiction. After offering an interpretation of Percy Shelley's “Prometheus Unbound,” we map the modern world of commerce into our interpretation of the lyrical drama to...