This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post" view on the matter and rather looks at the output side of the respective authors, but not at the input side. This means no attempt is made at studying in a systematic way, if and...

We extend the long literary tradition of Western analyses of Russian economic thought on Keynes. First, we update the story through transition and into the current period. Second, we survey representative contemporary literature on Keynes, identifying four manifestations: that by historians of...

This paper extends a long tradition of Western analyses of Russian economic thought on Keynes, updating the story through the period that followed the global financial crisis of 2007-2008. We survey contemporary views of Keynesianism by mainstream and traditionalist economists and consider the...

[Eliminating history from economic thought] Formal analysis, in which maximizing agents use today's 'true' model of the economy to form expectation upon which they then base their behaviour, trivializes the role of the future in economic life and ignores the possibility that the past's models,...

This paper honors Don Lavoie's work on the relationship between theory and history in Austrian economics by using the current recession as an example of many of the ideas found in his paper on the “Interpretive Dimension of Economics.” More specifically, I start from the premise that all...

Although there are several variants of innovation economics at play in the current antitrust literature, the federal judiciary and enforcement agencies as well as a number of Chicago Schoolers have recognized the importance of policy they all associate with the economist Joseph Schumpeter,...

Scholars of John Maynard Keynes' life and contributions to economics have tended to approach his involvement in the early 20th century eugenics movement by either:(1) historicizing it as a regrettable political curiosity with only minor connections to his larger system of economic thought or,(2)...

In the first chapter I present my point of view that Menger's theoretical approach may more properly be called relationism, rather than objectivism or subjectivism. In the second chapter I present the thoughts presented in Carl Menger's Principles of Economics in an axiomatic way. The purpose is...

The history of modern economics abounds with pleas for more pluralism as well as pleas for more unification. These seem to be contradictory goals, suggesting that pluralism and unification are mutually exclusive, or at least that they involve trade-offs with more of one necessarily being traded...

A history of "supply-side economics" and the Laffer Curve published by Art Laffer's economic consulting firm in 2003. It was reviewed and edited by Laffer himself, who later reprinted it in a book published by the Laffer Center: "The Pillars of Reaganomics" (San Francisco, 2014). It is,...