The article will focus on regional diversity of the Polish Labor Market from institutional perspective. The Polish Labor Market is geographically diverse in terms of unemployment and employment rates, and also in terms of economic development. At the end of 2013 the difference between the lowest...

The nature of learning processes as well as evolutionary considerations suggest that aesthetic judgement is of central importance in the formation of custom. Learning and extrapolation rely on evaluations of non-instrumental features like simplicity, analogy, straightforwardness, and clarity....

The new institutional economics has one of its roots in evolutionary thinking. The idea is that there is competition among organizational forms. Some forms spread faster than others and thereby displace and eventually destroy the less well adapted forms. In the end, the most 'efficient'...

Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...

When two production techniques are compared, reswitching occurs when a technique begins by being cheapest at a low interest rate, switches to being more expensive at a higher rate, and then reswitches to being cheapest at yet higher rates. Some believe the inconsistency undermines the...

The present paper is devoted to showing that all externalist explanations for truth in economics are false, but that if there any are used, it should not be the democratic one utilized by Rosen (1997). Rather, even though it is equally fallacious, it should the one proposed in the present paper:...

This paper suggests that, with the help of Concordian economics, the economic process can be studied through the perspectives of Production of real wealth; Distribution of ownership rights; Consumption of financial instruments (as well as the integration of these three perspectives). The...

The term 'emergence' features only infrequently on the work of Friedrich Hayek, and then almost always merely as a synonym for 'spontaneous order'. The argument of this paper is that Hayek's accounts both of the working of the human mind, and also of the spontaneous order of the market, rely...

In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written “Whig History” is spurious. Moreover the author argues that Samuelson's own writings on modern economics are,...

This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...