empirical evidence shows that individuals are not only selfish and competitive beings as stated in orthodox economic theory, but …

) both approaches adhere to a monetary theory of the business cycle and explain, in their respective ways, the non … approaches an attempt is made to provide the theory of the business cycle with adequate micro-foundations as well as with price …-rate mechanism; (b) the identification of the relevant institutional context; (b) the role of capital and capital theory; (c) the …

ultimatum game, organizing the major developments of the theory by incorporating the empirical evidence in this context. The …

happened to Keynes in the days of high theory and to Krugman in these days. Keynes applied a defect formalism, which is here …

Steve Keen has debunked a good part of standard economics. However, he has left standing the theory of profit. This is … unfortunate, because the theory of profit is the pivot of all of theoretical economics. This tightly focused paper clarifies the …

. Standard economics rests on behavioral assumptions that are expressed as axioms. Axioms are indispensable to build up a theory …

theory, as well as social research, are two excellent stages upon which we may search for clues and insights to the …