While Newton's influence on Adam Smith has been widely acknowledged, there is scant research on the actual nature of this influence. This paper sums up a line of investigation delving into this issue. After a short introduction, it is argued that Newton's methodology is more complex than a...

The paper argues that much of the theoretical work on consumer choice theory during the first third of the twentieth century actually addressed some of the same issues discussed in contemporary behavioral economics. This is not generally recognized because the discussion was tied up with the...

Carl Menger’s Principles of Economics, published in 1871, is usually regarded as the founding document of the Austrian School of economics. Many of the School’s prominent representatives, including Friedrich Wieser, Eugen Böhm-Bawerk, Ludwig Mises, Hans Mayer, Friedrich August Hayek, Fritz...

For most economists at Chicago, Marshall was simply an input, the supplier of an approach to economic analysis. For Ronald Coase, however, Marshall was much more than this — a subject of fascination and, at times, almost a reverence and obsession. Trained in the late 1920s and early 1930s at...

The aim of my paper is to show that a consistent economic analysis brought to its logical conclusions should destroy any theory of property rights, and as such it is inconsistent with its own premises, and especially with the ideological presuppositions of quite all of its followers. The...

Critical reflection concerning the tension existing between developing the body of economic knowledge in the image of mathematics led to discovering a double epistemological rupture in developing economic theory. The first, in the mid nineteenth century, recognised mathematics as being the...

This essay is a response to five essays that collectively constituted a symposium sponsored by Studies in Emergent Order on my 2010 book, Mind, Society, and Human Action: Time and Knowledge in a Theory of Social Economy. This essay offers individual reactions to each of the five contributors...

The paper illustrates the methodological and analytical issues that characterized, as well as the personal and institutional aspects that informed the discussions leading to the definition of the current notion of cardinal utility as utility unique up to positive linear transformations. As...

This article analyses the nexus between exports, established indicators of governance, and economic growth in Fiji. It finds that exports and governance co-operate to promote economic growth. The interplay between these variables is also meaningful. The findings imply that Fiji needs to improve...

Professor Narmadeshwar Jha was a noted scholar on History of Economic Thought that took its shape under the influence of Alfred Marshall. His widely referred book - The Age of Marshall: Aspects of British Economic Thought, 1890-1915 – was written under the supervision of Professor A.J. Brown...