Showing 1 - 10 of 403
Was the Keynesian message alive during the second half of the XXth Century, or was it betrayed by his followers? This article in the fields of the history of economic thought and methodology contrasts the Scientific Research Programmes (SRPs), a Lakatosian concept, of Keynes in The General...
Persistent link: https://www.econbiz.de/10013084582
All too often, attempts to define or evaluate good scholarship develop criteria of meritocracy that reinforce existing hierarchies. Some of the efforts are quantitative. They involve cataloguing articles as measured by overall citation rates, ranking law reviews by citation counts, or...
Persistent link: https://www.econbiz.de/10012768527
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...
Persistent link: https://www.econbiz.de/10012868240
Lawmakers are building momentum towards codifying our insider trading laws to clarify which kind of trading is illegal. In May 2021, the US House of Representatives passed the Insider Trading Prohibition Act for the second time in two years. In January 2020, a Securities and Exchange Commission...
Persistent link: https://www.econbiz.de/10013214931
Jim Buchanan kept pictures of Knut Wicksell and Frank H. Knight on his office wall. Yet a careful look at Buchanan's work indicates that it ran counter to that of Frank H. Knight. Knight and Buchanan disagreed on the methodological, economic, ethical, and political assumptions that drove their...
Persistent link: https://www.econbiz.de/10012913532
Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
Persistent link: https://www.econbiz.de/10014175063
This paper attempts to uncover the relevance of Cicero's thought to present-day management through an analysis of his last philosophical work, On Duties. Applying a methodology grounded in Socratic skepticism, Cicero synthesizes the Stoics and Aristotle to create his own moral theory. From this...
Persistent link: https://www.econbiz.de/10014223390
Adam Smith, John Stuart Mill and Alfred Marshall shared a concern over excessive inequality of wealth and income, along with an attachment to individual choice, free markets and a minimal economic role of government. In this paper, I address the question of the size distribution of income, or...
Persistent link: https://www.econbiz.de/10013130143
This text challenges assumptions about the foundations of the Leon Walras' marginalist theory in the utilitarianism of Jeremy Bentham. The problematic is approached through a comparative study between Bentham's and Walras' ideas on three focus areas: 1. their views of society and the social...
Persistent link: https://www.econbiz.de/10013103287