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Mathematics, like medieval Latin, is a medium of disputation in economics wherein those skillful in its use can subdue those who are not, independent of any substantive economic meaning. In so using mathematics, economics has shut itself off from much of the richness of economic activity that is...
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The world is changing often due to humans, as David Attenborough’s speech at COP26 in 2021 made clear. It is also clear that the sound of this changing world is getting further attention such as the soundscape of logging (Burivalova et al. 2021) and how natural life sounds (Bakker, 2022) or...
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This paper identifies three 'folk' arguments for an intrinsic value implicit in the finance literature. The 'hindsight' argument states that if financial assets eventually have a value in the form of realised cash flows, then this reveals an intrinsic value that was always there. The...
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