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The paper replies to Wade Hands's recent criticism of one part of my 2005 book, Economic Theory and Cognitive Science: Microexplanation (ETCS). Hands argues that my association of my view of the foundations of microeconomics with aspects of the thought of Lionel Robbins and Paul Samuelson is...
Persistent link: https://www.econbiz.de/10012724181
Neuroeconomics stays in the center of the ongoing naturalistic turn in economics. It portrays the individual as a complex system of decision making mechanisms and modules. This results into a conceptual tension with the standard economic notion of the unity of the actor that is a systemic...
Persistent link: https://www.econbiz.de/10012726036
Economics is increasingly adopting the methodological standards and procedures of the natural sciences. The paper analyzes this 'naturalistic turn' from the philosophical perspective on naturalism. I distinguish between three kinds of naturalism: mark I, the reduction of behavior on psychoneural...
Persistent link: https://www.econbiz.de/10012729463
Born out of the conscious effort to imitate mechanical physics, neoclassical economics ended up in the mid 20th century embracing a purely mathematical notion of rigor as embodied by the axiomatic method. This lecture tries to explain how this could happen, or, why and when the economists' role...
Persistent link: https://www.econbiz.de/10012732902
I argue that economists have reasons internal to the way that evidence works in the sciences to re-discover the importance of the history of their own discipline. For it is a constitutive element of science - here conceived as an ongoing research practice (as opposed to as an explanatory...
Persistent link: https://www.econbiz.de/10012733284
Luigi Sturzo (1871-1959) - Sicilian priest, intellectual, and founder of the Italian Popular Party - produced a corpus of serious reflection on the moral foundation of the free economy. My intent here is to discuss four theoretical foundations that enable a link to be developed between classical...
Persistent link: https://www.econbiz.de/10012779657
This article assesses the relevance of the Christian faith for economics. It argues that faith in the Trinity provides the basic pattern for the market system - a system that puts radically different and independent agents into a positive and fruitful relationship. As a result of being patterned...
Persistent link: https://www.econbiz.de/10012779658
As is known to readers of this journal, Gregory Gronbacher and Daniel Finn have engaged in an interesting dialogue about economic personalism. It is not my intention to review here all that they have written. My objective is to show that their dialogue not only touches upon key aspects of the...
Persistent link: https://www.econbiz.de/10012779659
Economic personalism can benefit by viewing itself in relation to other contemporary and historical efforts to understand the relationship between theology and economics. This essay summarizes some of those efforts, focusing on themes that are pivotal to the economic personalist enterprise. In...
Persistent link: https://www.econbiz.de/10012779660
This paper explores the following chain of conjectures: rising use of the internet, the widespread access to global information, and intensified communication between regions and countries brought about, for example, by intensified trade links bring about expansion of people's social space and...
Persistent link: https://www.econbiz.de/10012961342