During the last three decades the ascent of behavioral economics clearly helped tobring down artificial disciplinary boundaries between psychology and economics.Noting that behavioral economics seems still under the spell of the rational choicetradition – and, indirectly, of behaviorism – we...

Douglass North gehört zu den führenden Sozialwissenschaftlern des 20. Jahrhunderts.Er wurde für seine bahnbrechenden Leistungen auf dem Gebiet der ökonomischenGeschichtstheorie mit dem Nobelpreis ausgezeichnet. Dieser Aufsatz rekonstruiert (a)seine kliometrische Diagnose der Moderne, (b)...

This book presents the history of economic thought as it relates to today’s most pressing problems, and it emphasizes the critical connection that exists between what may seem cold, unrealistic mathematical economic models, and the quality of everyday life of any citizen of the planet earth....

This note draws inspiration from Riccardo Bellofiore’s recent monograph dedicated to Claudio Napoleoni. It examines Napoleoni’s reflections on key issues within Marxist theory, including the theory of value, alienation and exploitation, rent within the Italian economy, the status of economic...

The article develops R. H. Coase’s insight that the level of transaction costs in the market determines the amount of externalities, thus providing arguments against government intervention. Contrary to Coase, however, we argue that the level of transaction costs cannot be considered as given,...

This article aims to discuss an evaluation of the concept of paradigm of T. Kuhn in his representative work: The Structure of Scientific Revolutions ERC, [Ku96] and the complementary version by W. Stegmüller, Structure and dynamics of theories EDT, [Steg83]. This refined interpretation of the...

This paper carries out a brief analysis of Amartya Sen’s thinking on Justice, based on Part IV of his book The Idea of Justice. Besides of describing Sen’s thoughts on the subject, the paper aims to contextualize it in the evolution of Sen’s work and in the general discussion on Justice in...

The question of what is the 'Coase Theorem?' has no simple answer. The majority of articles covering a variety of issues on the 'Coase Theorem' still misrepresent the main message of Coase (1960). The remaining controversy over the 'Coase Theorem' is because the literature on Coase (1960) has...

This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...

Jon Elster gehört zu den profiliertesten Sozialwissenschaftlern der internationalen‚scientific community’. Der vorliegende Beitrag entwickelt eine Lesart für sein bisher vorliegendes Gesamtwerk: In einem ersten Schritt wird Elsters Kritik an funktionalistischen Fehlschlüssen in den...