This paper deals with the relationship between post-Keynesian and behavioural economics. I begin by responding critically to Paul Davidson's claim that Keynes was the first behavioural economist. Then I discuss some recent work in behavioural macroeconomics, which reveals some important...

While Kaleckian authors tend to find that economies are in a wage-led demand regime, Goodwinian authors tend to find that economies are in a profit-led demand regime. This paper avoids econometric technicalities and provides instead a historical perspective, going back to the empirical study of...

The purpose of this paper is to clarify the difference between the mainstream and Keynesian understandings of uncertainty which persists in spite of superficial similarities. It is argued that the difference stems from the mainstream habit of thinking in terms of a full-information benchmark,...

In his work, „Nation, State, and Economy” (1919), Ludwig von Mises claims that the idea of liberalism starts with the freedom of the individual and it rejects all rules of some persons over others. This paper aims to illustrate an opposite direction, deprecating the 18th century colonial...

A more comprehensive picture, or imaginary in Charles Taylor's term, puts the spheres of market and organizations in a broader perspective. It calls for new concepts – like shared and common goods or practices – and the willingness to contribute. We see that culture, in the sense of...

Litauen gilt als einer der Vorzeigestaaten der neoliberalen Wirtschaftspolitik. Im Vorfeld der Finanzkrise hat es zusammen mit den anderen „Baltischen Tigerstaaten“ bemerkenswerte wirtschaftliche Erfolge aufgewiesen, im Zuge der Finanzkrise zeichnete es sich durch eine konsequente Umsetzung...

Aus gewerkschaftlicher Sicht findet Zusammenarbeit im grenzüberschreitenden Rahmen von jeher unter dem Aspekt ‚internationaler Solidarität‘ statt. Am Beispiel der gewerkschaftlichen Positionsbildung im Bereich der Dienstleistungsfreiheit untersucht der Artikel ihr Zustandekommen als einen...

A disparity exists between mainstream perception and reality with regard to American economic history. There is widespread belief among the public, media, and even some scholars that the U.S. amassed its wealth and prosperity from the adoption of exclusively free-market principles from the onset...

The paper questions the wide-spread assertion that non-orthodox schools of thought in economics have only one thing in common – their rejection of mainstream (neoclassical) economics. The author shows by contrast that heterodox currents share some fundamental analytical insights. The paper...

This paper extends the analysis presented by Marc Lavoie in this journal about the relationship between the major schools of heterodox political economy. We argue that the evolution of heterodoxy over the past four decades has seen both specialization and interconnection. The specialization has...