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maximization framework of neoclassical economics, Buchanan adopted a catallactic perspective. Ethically, Knight argued that all …
Persistent link: https://www.econbiz.de/10012913532
Samuelson. Some of his remarks about women in the economy and in economics were famously considered deprecatory. We place them … in the context of the discussions of discrimination in his textbook, Economics, and his interactions with female students …
Persistent link: https://www.econbiz.de/10012915697
In 1969, Warren Nutter left the University of Virginia Department of Economics to serve as the Assistant Secretary of … are grounded in his economics, and compares and contrasts Nutter with other economists who have been connected to Pinochet …
Persistent link: https://www.econbiz.de/10012848866
Scholars routinely credit R.H Coase and his first seminal work — The Nature of the Firm — as the progenitor of the nexus-of-contracts theory of the corporation. This account, which has dominated legal scholarship for four decades, describes a corporation as a nexus of contracts between the...
Persistent link: https://www.econbiz.de/10014172041
Over the past two decades, numerous contributions to the history of economics have tried to assess Paul Samuelson …’s political positioning by tracing it in the subsequent editions of his famous textbook Economics. This literature, however, has … of this paper is not to argue for one of these two interpretations but to depict the making of Economics itself as a …
Persistent link: https://www.econbiz.de/10014178465
Friedrich Hayek is often credited with the resurgence of interest in alternative monetary systems. His own proposal, however, received sharp criticism from Milton Friedman, Stanley Fischer, and others at the outset and never gained much support among academic economists or the wider population....
Persistent link: https://www.econbiz.de/10014182564
The aim of this paper is to explain the process of diversification of normative economics by presenting the work of two … economics of happiness and the capability approach. They focused on different concepts of well-being: the 'joy' of satisfied …, applications, as well as new concepts of well-being, which are measureable, the capability approach and the economics of happiness …
Persistent link: https://www.econbiz.de/10014185482
the appeal to economic thinking in the courts included a reference to Adam Smith, the founder of modern economics. This …
Persistent link: https://www.econbiz.de/10014192345
provided a devastating critique of the methodologies of mainstream economics. His contributions to the Austrian School laid the … crisis, this monograph makes it clear that Mises’ work is highly relevant today. Indeed, while mainstream economics has been … neglected by the economics profession, policymakers and academics. This readable primer explains why his work should be at the …
Persistent link: https://www.econbiz.de/10014193789
Persistent link: https://www.econbiz.de/10014198940