This paper in honor of Hans Albert '@100' seeks to show how adhering to critical rationalist 'economic philosophy' avoids contradictions in James Buchanan's contractarianism: restricting constitutional economic advice to what serves the ends of all potential addressees simultaneously Buchanan...

Economics has always had a difficult relationship with literature. Although early economists such as Adam Smith adopted a literary approach, pressures soon emerged to develop formal theory imitating natural sciences. A key aim was to attain scientific status and avoid comparison with literary...

The purpose of the paper is to propose and examine a logical and epistemological tool to measure science as a specific human activity in the social cooperation network. In preparing the very approach of the main issue of the research, a short examination of the concept and typology of science is...

A large market economy has a huge number of degrees of freedom with weak microlevel coordination. The 'implicit microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared to the precise details of individual choice...

The paper begins with a figurative representation of the contrast between present-day and formal applied econometrics. An explication of the status of bridge principles in applied econometrics follows. To illustrate the concepts used in the explication, the paper presents a simultaneous-equation...

Der sogenannten Mainstream-Ökonomie wird vorgeworfen, ihren Methoden liege ein zu einfaches Menschenbild zugrunde, sie sei geschichtsvergessen, und sie habe nicht rechtzeitig vor der Finanzkrise gewarnt. Wirtschaftswissenschaftler verschiedener Richtungen debattieren hier darüber, was...

Ever since the beginnings of classical political economy in the early nineteenth century, economics has faced culturally based criticism from a long line of literary authors. This paper argues that the old literary criticisms are still relevant and can provide useful guidelines for economic...

Economics and culture have usually been kept apart in academic discussion. The resulting division is damaging to economics, since important cultural questions such as the formation of preferences, the influence of ideology and the relation between the individual and society are systematically...

Dualism - the division of an object of study into separate, paired elements - is widespread in economic and social theorising: key examples are the divisions between agency and structure, the individual and society, mind and body, values and facts, and knowledge and practice. In recent years,...