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The 1933 “Mock Trial of the Economists” is occasionally noticed and then interpreted as popular discontent with economists’s “crime” of “conspiracy to spread mental fog” at evidenced by the dueling letters from the Oxbridge economists (Keynes, Pigou, et al.) and the LSE economists...
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There is little doubt that J. S. Mill was one of the greatest classical liberals of the nineteenth century. F. A. Hayek holds the same distinction for the twentieth century. It is, then, something of a puzzle that Hayek is so critical of Mill. In his conversation with James Buchanan, Hayek...
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This paper questions the common view that Darwinian biology is a straightforward extension of classical political economy. Our analysis contrasts the economists' classification scheme - whereby all humans were presumed natural kids, to be equally competent for economic and political decision...
Persistent link: https://www.econbiz.de/10014057370
Experimental economists frequently invoke Adam Smith's notion of sympathy, and experimental treatments typically examine sympathy in situations where two groups are involved. We explore additional implications of sympathy suggested by the work of later classical economists. We link the notion of...
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