This essay identifies and explores the role of selective perception, sentiment and valuation in the formation of economic policy, with particular reference to the conduct of policy-making under the aegis of Pigovian and Paretian welfare economics. First, we identify certain background...

1 Introduction -- 2 Economics as a Postmodern Discourse -- 3 A Hermeneutic Approach to Economics: If Economics Is Not Science, and If It Is Not Merely Mathematics, Then What Could It Be? -- 4 Economics as Ideology -- 5 The Textbook Presentation of Economic Discourse -- 6 Hermeneutics,...

Introduction: Paradigms, Hard Cores, and Fuglemen in Modern Economic Theory -- Reconceptualizing Classical Economics -- Property Appropriation and Economic Theory -- Time and Equilibrium -- The Role of Formalism in Economic Thought, with Illustration Drawn from the Analysis of Social Interaction...

1 Introduction -- 2 Neoclassical Value and Distribution Theory: The English-Speaking Pioneers -- 3 Hawtrey and Robertson: Real and Monetary Roots of English Macroeconomics in the Twentieth Century -- 4 The Lausanne Tradition: Walras and Pareto -- 5 Menger, Böhm-Bawerk, and Wieser: The Origins...

Warren Samuels's second and concluding selection of essays focuses on early 20th century economists who, while relatively well-known in their times, have tended to be obscured by the more prominent stars of the discipline. It illustrates that economics is more diverse and complex than...

Most of the existing literature on European history of economic thought concentrates on the major works of leading figures such as von Böhm-Bawerk, Menger, Pareto, Walras, Weber and Wicksell. These economists exerted enormous influences on the development of economics, despite their differing...

The Economy as Process of Valuation sheds new light on the potential benefits of concept and theory formation along dynamic and evolutionary lines for understanding economic processes. The emphasis is on aspects of the economy as a process of valuation rather than as a mechanistic result of...

John P. Henderson's The Life and Economics of David Ricardo represents the first comprehensive personal and intellectual biography of the brilliant and influential British economist. Employing the talents of both a biographer and an economist, the author examines Ricardo's early years, his...

I Paradigmatic and Theoretical Studies -- 1 Welfare Economics, Power, and Property -- 2 Predicting the Performance of Alternative Institutions -- 3 Interrelations between Legal and Economic Processes -- 4 Ecosystem Policy and the Problem of Power -- 5 Normative Premises in Regulatory Theory --...