In der Ökonomik tritt der zirkuläre “unechte” Fortschritt auf, der sich z.B. vom kumulativen, besonders für die Naturwissenschaften charakteristischen Fortschritt abgrenzt. Die Ideen- bzw. Dogmengeschichte kann somit eine wertvolle Erkenntnisquelle sein. In diesem Papier wird das Konzept...

Be it on topics of property, contract, commerce, trade, tax, legal history, or other matters, jurisprudence in the United States often invokes economic thinking in providing a rationale for legal outcomes. Consequently, I wondered how often the appeal to economic thinking in the courts included...

Adam Smith, John Stuart Mill and Alfred Marshall shared a concern over excessive inequality of wealth and income, along with an attachment to individual choice, free markets and a minimal economic role of government. In this paper, I address the question of the size distribution of income, or...

This article examines the contribution of Clément Juglar to the theory of periodic crises in the context of the evolution of the doctrine towards the middle of the nineteenth century. Juglar's original contribution (1862) and its evolution to the final form of his doctrine are described in...

This book profiles the lives and ideas of some of the leading thinkers on individual liberty - from ancient times to the present day - and sheds light on the key elements of liberal thought and those who shaped it across the centuries. The book identifies their common goals, but also highlights...

In a developing country such as Jamaica, the success of policy decisions their successes and failures in a world driven by financial globalization and the New Open Economy Macro-Model (NOEM) continues to be predetermined by the constantly evolving paradigm of the dialectics of the post modernist...

This paper examines Alfred Marshall's theory of organization and business management, and explores the significance of his wisdom and foresight. Despite considerable research on Alfred Marshall’s economic theory, little attention, among economists in particular, has been given to his theory of...

Was the Keynesian message alive during the second half of the XXth Century, or was it betrayed by his followers? This article in the fields of the history of economic thought and methodology contrasts the Scientific Research Programmes (SRPs), a Lakatosian concept, of Keynes in The General...

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...