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Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both … supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The … marginalists - especially Jevons and Walras - viewed Cournot's (1838) book on mathematical economics as a seminal work on which …
Persistent link: https://www.econbiz.de/10011695287
This article--designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered--is divided into three main sections, "historical origins," the "modern founders of MPE," and a brief description of some "current issues" studied by public...
Persistent link: https://www.econbiz.de/10012656425
theoretical foundations of economics and thereby to increase its scientific status. Furthermore, the separation between … mathematical economics and other behavioral sciences was not as clear-cut as often argued. While economists did not modify their …
Persistent link: https://www.econbiz.de/10011759791
The method appropriate to the historical and conceptual investigation of Hayek’s ideas is implicit in his own writings on the methodology of disciplines that study complex phenomena. The phenomena of Hayek’s career are complex phenomena requiring a method appropriate to this complexity.
Persistent link: https://www.econbiz.de/10011899124
In this article I take up the relationship between economics and law in the hundred-year period preceding the … establishing of economics as a separate discipline. Rather than providing a review of historical milestones, I concentrate on some … observations that illustrate the relationship between law and economics. I conclude with some reflections on what the law may have …
Persistent link: https://www.econbiz.de/10010191973
One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase’s result - an artifact of an ambiguity in Coase’s reasoning. Some framed Coase’s result in a bargaining...
Persistent link: https://www.econbiz.de/10012648438
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
. Economics itself is part of the double movement. A second look at Polanyi's might be fruitful to face present challenges better …
Persistent link: https://www.econbiz.de/10011992830
<p>Despite the crucial importance of high quality reviewing for the scientific process, new scholars often learn how to do this based on casual advice and trial-and-error learning. We offer a checklist that helps referees systematically develop high quality referee reports and avoid some of the...</p>
Persistent link: https://www.econbiz.de/10011865036
give an overview and systemize the numerous contributions to the theory and measurement of multipliers. The analysis is not …
Persistent link: https://www.econbiz.de/10011924557