Frédéric Bastiat (1801-1850) was a French thinker who did most of his writing in the last six years of his life. One of his major contributions to economic thought was his application of opportunity cost to a wide range of economic policies. The present paper uses the Bastiat approach to...

Although Ronald Coase is popularly associated with the Chicago School, his approach belongs to the late nineteenth and early twentieth century British tradition. In this essay, we address whether the Coasean or traditional British methodology can offer improvements to current methods. Current...

Recent literature on Adam Smith and other 18th Scottish thinkers shows an engaged conversation between the Scots and today's scholars in the sciences that deal with humans — social sciences, humanities, as well as neuroscience and evolutionary psychology.We share with the 18th century Scots...

In this introduction sketch the architecture of Mises' economics and political economy. Mises' overarching program is one of examining exchange (economic science) and the institutions within which exchange takes place (political economy). In recent years the economics profession has moved...

The aim of this paper is to analyse the way in which the world is divided into different 'legal traditions', in order to understand the actual establishment of a ranking of the various legal systems, as it is used as a powerful device for global governance, directed to mould policy projects of...

The profound and extensive influence of Spencer's thought is now generating a good deal of analysis, as is his contribution to evolutionist philosophy, to pedagogy, ethics, and anthropology. The aim of this paper is to highlight the importance of Spencer's theoretical work on economic thought....

Português Resumo: Herbert Simon (1916-2001) foi um importante crítico do uso feito na Economia do conceito de racionalidade como fator explicativo básico do comportamento econômico, tendo criado e difundido para esse fim o conceito de racionalidade limitada. Segundo ele, a capacidade...

Lawrence R. Klein (1920-2013) played a major role in the construction and in the further dissemination of econometrics from the 1940s. Considered as one of the main developers and practitioners of macroeconometrics, Klein's influence is reflected in his application of econometric modelling “to...

Henry George and the Austrians disagreed on whether land is inherently different from other factors. Beyond this, they had much in common. The paper specifically argues that the similarities between George and the Austrians are derived from a similar underlying approach to choice. Both relied on...