Money illusion in economic theory has been an assumption rejected for academic economists for quite some time. However, with the gradual diffusion of behavioural economics based on experimental research this has changed. Now, it has become a respected fact to accept money illusion as a stylized...

Using information collected from American Economic Review publications of the last 100 years, we try to provide answers to various questions: Which are the top AER publishing institutions and countries? Which are the top AER papers based on citation success? How frequently is someone able to...

This paper shows that the Smith-Ricardo and the Keynes rules of reduction of various kinds of labour to any one kind assume the stability of the hierarchy of wages, which allows the stable expression of quantities of labour into a common unit. The comparison of their relative earnings the agents...

In diesem Beitrag geht es um subjektive Gerechtigkeitsvorstellungen, nicht Gerechtigkeit an sich, da erstere im Gegensatz zu letzterer empirisch feststellbar und handlungswirksam sind. Allerdings müssen ihre Folgen nicht nur gute sein. Gerechtigkeitsvorstellungen können erstens die...

This article proposes a reading of the armed conflict from an evolutionary design that takes into account the concept of private protection agencies in the works of Schelling. Their aim is to assess the dynamics of conflict and changes from its author's scientific output. A context of conflicts...

This paper examines the concept of hegemony and its historical impacts on the Arabic and Islamic countries. It is foreseen that has long path applied by the Western countries as disclosed by trade applications and history of economic thought. Impacts on Arabic and Islamic countries were visible...

In the creation of a new nomenclature for economic systems theory, Nicklas Luhmann's sociological conceptualism may sometimes perform a heuristic role. In particular, the concepts of 'autopoiesis system' and 'observation of observations' can be extremely useful for the analysis of a far-reaching...

In preparing theoretical tools to analyze economic systems we need several fundamental concepts that are often applied in various scientific investigations outside economic studies. Amongst others, the concept of autopoiesis, which was introduced by Niklas Luhmann into his sociological systems...