This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...

The neoclassical synthesis has been defined as a bridge between Keynesian theory and Walrasian general equilibrium theory. The aim of this article is to show that founders of the neoclassical synthesis were not homogenous in their appraisal of the importance of Walrasian theory. To do so, we...

This short paper examines a possible connection between religion and economics in terms of the parallelism between the Homo economicus doctrine and the individual soul doctrine. The paper explores whether resistance to pluralism in economics as a methodological practice might be explained in...

This paper addresses the question of why the economic theory of the Neoclassical Synthesis looked so much like the so-called "received view" philosophy of science during the same period (1945-1965). The paper discusses seven common features of the two programs and considers three possible...

The present study raises the following questions: To what extent is axiomatic general equilibrium analysis a rational reconstruction of Scottish Political Economy as defined by the writings of David Hume and Adam Smith? How much is gained and how much lost by the axiomatic transformation of the...

This paper uses George Soros' theory of boom--bust cycles to argue that mainstream economics, as built on Samuelson's Foundations, followed such a cyclical prototype. It underwent a reflexive, positive feedback pattern of development before 1980 followed by a reflexive, negative feedback pattern...

I survey the so-called "new neoclassical synthesis" literature (that emerged allegedly as a synthesis between the real business cycle and the new Keynesian literatures) and its ubiquitous dynamic stochastic general equilibrium (DGSE) model, emphasizing the current practices in it. This includes...

In this report Professor Samuelson staff prepares a tour of the work and thought of highlighting the contributions of Hayek Austrian economist and showing the world within which they took power broadly two contradictory paradigms of economic thought. This testimony intellectual frontline is...

In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved...