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The neoclassicals' conundrum: If Adam Smith is the father of economics, it is a bastard child

Valdes Viera, Oscar - 2017

Neoclassical economists of the current era frequently pay lip service to Adam Smith's theories to certify the validity of natural-laws-based, laissez-faire policies. However, neoclassical theories are fundamentally disconnected from Adam Smith's notion of value, his understanding of the economic...

Persistent link: https://www.econbiz.de/10011784683

The Contributions of Professor Amartya Sen in the Fieldof Human Rights

Vizard, Polly - London School of Economics and Political Science - 2005

This paper analyses the work of the Nobel Prize winning economist ProfessorAmartya Sen from the perspective of human … rights. It assesses the ways inwhich Sen’s research agenda has deepened and expanded human rightsdiscourse in the disciplines … acrosstraditional disciplinary divides. The paper suggests that Sen’s development of a‘scholarly bridge’ between human rights and …

Persistent link: https://www.econbiz.de/10009354037

Theoretische Grundlagen demokratischer Wirtschafts-und Gesellschaftspolitik Der Beitrag JonElsters

Pies, Ingo - Universität <Halle, Saale> / Lehrstuhl für … - 2007

Jon Elster gehört zu den profiliertesten Sozialwissenschaftlern der internationalenscientific community. Der vorliegende Beitrag entwickelt eine Lesart für sein bisher vorliegendes Gesamtwerk: In einem ersten Schritt wird Elsters Kritik an funktionalistischen Fehlschlüssen in den...

Persistent link: https://www.econbiz.de/10005860107

Tisztesség, empátia, közgazdaságtan

Károly, Fazekas - 2016

One of the basic premises of societies and economies is the capability of humans to understand and judge the aims and motivations of others. We are continuously observing the facial expressions of our fellows. We keep watching and try to understand the undercurrents of important events for us....

Persistent link: https://www.econbiz.de/10011537674

The Federal Reserve We Need : It’s the Fed We Once Had

Canova, Timothy A. - 2011

This article considers the empirical record of the 1942-1951 period of Federal Reserve history when the Fed was more politically accountable and more independent of private financial interests. During the 1940s, federal spending was nearly twice as high as today, and federal borrowing was more...

Persistent link: https://www.econbiz.de/10013128342

The Passage from Classical to Neo-Liberalism : Frank H. Knight's Role Re-Considered

Emmett, Ross B. - 2011

Where should we place Frank Knight in the passage from classical liberalism to neo-liberalism? The argument has recently been made by that Knight should be placed among the group of liberals of an “older generation” that neo-liberals generally, and the Chicago School in particular, separated...

Persistent link: https://www.econbiz.de/10013128838

Veiling the Controversies with Dubious Moral Attitudes? Creditors and Debtors in Keynes’s Ethics of International Economic Relations

Carabelli, Anna - 2011

This paper addresses the enduring insistence on the moral dimension of international economic relations in Keynes's economics and diplomacy. The issue has so far raised scarce attention in the literature, which tend to attribute some outstanding failures of Keynes's economic diplomacy to the...

Persistent link: https://www.econbiz.de/10013130429

Kenneth Boulding as a Moral Scientist

Davis, John B. - 2011

Kenneth Boulding's AEA presidential address argued that economics is a moral science. His view derived from his general systems theory thinking, his three systems view of human society, and his early contributions to evolutionary economics. Boulding's argument that economics could not be...

Persistent link: https://www.econbiz.de/10013131612

The Chicago School(s) of Democratic Capitalism

Emmett, Ross B. - 2012

Our main contention is that two different re-conceptualizations of liberal democracy took place among Chicago economists in the postwar period. The first emerged out of Frank H. Knight's ruminations in the 1930s on the failures of liberalism. By the 1940s, Knight devoted most of his attention to...

Persistent link: https://www.econbiz.de/10013113136

Thrainn Eggertsson and the Problem of Knowledge : The Effectiveness of Conveying Information in the Electoral and Financial Markets

Drobak, John N. - 2012

Throughout his career, Thrainn Eggertsson has been concerned with improving economic theory as a way to help us to understand the economic world. This has led him to focus on the problem of knowledge, which Eggertsson believes hinders the improvement of theory. This essay attempts to contribute...

Persistent link: https://www.econbiz.de/10013105486