This paper discusses the relation between law and contingency in the formation of value. It begins from a much-ignored assertion of Marx, repeated throughout his works, that the equality of supply and demand is contingent and their non-equality constitutes their law. This highly complex and...

A pluralist approach to economics is both necessary from anacademic as well a policy point of view. From an academicviewpoint pluralism can be understood as the outcome ofcompetition and specialization in the search for new ideasthat can deal with imperfections of the real world. From apolicy...

Historians of the social sciences and historians of economics have come to agree that, in the United States, the 1940s transformation of economics from political economy to economic science was associated with economists' engagements with other disciplines—e.g. mathematics, statistics,...

Hans Albert hat in einigen Arbeiten den apriorischen Charakter des "neoklassischen Denkstils" kritisiert und treffend als "Modellplatonismus" bezeichnet. Die apriorische Denkhaltung findet sich aber nicht nur in der von Albert kritisierten Neoklassik, sondern vielleicht noch ausgeprägterer bei...

Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek's unique definition of knowledge.

Dieser Beitrag nimmt eine feld-und kapitaltheoretische Analyse der Volkswirtschaftslehre in Deutschland vor. Die Machtstrukturen auf dem Feld der ökonomischen Disziplin werden dabei anhand der(ungleichen) Verteilung des ökonomischen, sozialen und symbolischen Kapitals skizziert. Auf Grundlage...

The standard textbook presentation of many policy issues, such as the financial crisis and income distribution, is problematic. This view is shared by many economists, both mainstream and heterodox. Despite this agreement, it has not and will not change because the textbook presentations have...

Demands for pluralism in economics education have been widespread in recent years. As change in the universities is slow and piecemeal, we present a comparative approach to economics which builds the intellectual basis for the online learning platform Exploring Economics...

Economic pluralism proposes that economists and social planners should consider alternative theories to establish a range of policy actions. Neoclassical, Feminist and Marxian theories evaluate well-grounded causes of wage discrimination. Racist attitudes, uncertainties regarding minority...