Historians of economic thought are paying greater attention to issues of social ontology (that is, to the assumptions that economists make about the nature of social reality). In this paper, we contribute to this burgeoning literature by exploring the hitherto neglected way in which James...

Sidney Weintraub (1914 - 1983) was an American economist who spent most of his career at the University of Pennsylvania. A distinguished economic theorist (and the author’s father), he was a co‐founder of the Journal of Post Keynesian Economics, and the leading figure in the US in the early...

Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek's unique definition of knowledge.

This working paper examines the legacy of Keynes’s General Theory of Employment, Interest, and Money (1936) on the occasion of the 70th anniversary of its publication and the 60th anniversary of Keynes’s death. The paper incorporates some of the latest research by prominent followers of...

This paper develops a response to some of the criticisms that have been made of G.L.S. Shackle's analysis of human decision-making because of its reliance on a Cartesian account of the mind. It is argued that the basis for a response can be found in the work on theoretical psychology developed...

This paper uses the theory of complex systems as a conceptual lens through which to compare the work of Friedrich Hayek and Vincent and Elinor Ostrom. It is well known that, from the 1950s onwards, Hayek conceptualised the market as a complex adaptive system. It is argued in this paper that,...

Sidney Weintraub (1914-1983) was an American economist who spent most of his career at the University of Pennsylvania. A distinguished economic theorist (and the author's father), he was a co-founder of the Journal of Post Keynesian Economics, and the leading figure in the US in the early years...

Sidney Weintraub (1914-1983) was an American economist who spent most of his career at the University of Pennsylvania. A distinguished economic theorist (and the author's father), he was a co-founder of the Journal of Post Keynesian Economics, and the leading figure in the US in the early years...

Financial economics and mathematical finance are the two traditional scientific disciplines that constitute modern financial theory. Although they still largely dominate modern financial theory, in the past few years a new “player” has increasingly been making itself felt and could lead to a...

This working paper examines the legacy of Keynes's General Theory of Employment, Interest, and Money (1936), on the occasion of the 70th anniversary of the publication of Keynes's masterpiece and the 60th anniversary of his death. The paper incorporates some of the latest research by prominent...