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Ronald Coase (1910-2013), who sadly died at the remarkable age of 102, made significant contributions to economics … structure and functioning of the economy”. This paper traces the development of Coase’s economics to describe his contributions … and the essence of the law and economics enterprise he fostered …
Persistent link: https://www.econbiz.de/10014152719
happened to political economy ever since, and how far economics has diverged from Robbins' agenda. Our main claim is that these … topics appeared on the second edition of the Essay because Robbins saw them as fundamental if economics (as a science) were … to mimic the methods of the natural sciences by preserving the human element that makes economics a social science …
Persistent link: https://www.econbiz.de/10012917194
Robert Neild (born 1924) has made a major contribution to economics and to peace studies. This paper provides a brief … attention to his largely-unnoticed contributions to institutional and evolutionary economics since 1984. These are important in …
Persistent link: https://www.econbiz.de/10012944789
Kenneth Boulding's AEA presidential address argued that economics is a moral science. His view derived from his general … systems theory thinking, his three systems view of human society, and his early contributions to evolutionary economics …. Boulding's argument that economics could not be value-free should be distinguished from other well-known views of economics as …
Persistent link: https://www.econbiz.de/10013131612
London School of Economics (LSE) from Edwin Cannan and Arnold Plant. The main lesson Coase taught us and insisted upon was … that economics should not be too ‘abstract' and should not rely on a priori categories. He pleaded for more realism in … economics, for a form of ‘political economy': economists should use theory to generalise what facts tell us rather than trying …
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