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Wie ließe sich die große Vielfalt an funktionalen Geldsystemen systematisch erfassen und übersichtlich darstellen? Und, weil viele monetäre Wirkungsweisen umstritten sind, konkreter: Wie müsste eine grundlegende Wissensordnung zu Geldsystemen aufgebaut sein, damit sie für die untereinander...
Persistent link: https://www.econbiz.de/10012887593
The paper aims to show how the formal revolution in economics has influenced the developments of Rational Choice and Game Theory in Political Science. Our focus will be on American political scientist William H. Riker (1920-1993). We want to show how Riker used game theory and adapted it to...
Persistent link: https://www.econbiz.de/10013259725
Traditionally, students of economics have often been told that it is a non-experimental science. Using a quantitative and qualitative analysis of introductory economics textbooks, we track the historical evolution of this rhetoric from 1970 to the present day. We find that anti-experimental...
Persistent link: https://www.econbiz.de/10012705272
The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...
Persistent link: https://www.econbiz.de/10013475168
The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...
Persistent link: https://www.econbiz.de/10014377491
This paper is a review of the literature in economics up to the early 1980s on the issue of estimating the earnings return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage determination, with the second of his five points on...
Persistent link: https://www.econbiz.de/10014444649
This paper is a review of the literature in economics up to the early 1980s on the issue of estimating the earnings return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage determination, with the second of his five points on...
Persistent link: https://www.econbiz.de/10014469442
The German intellectual tradition of ordoliberalism, a variant of neoliberalism particularly committed to a "functional and humane order," was long ignored in the Anglo-Saxon world. More recently, this has changed to some degree, especially under the impression of the European sovereign-debt...
Persistent link: https://www.econbiz.de/10014501516
In the aftermath of the Eurozone crisis, a battle of ideas emerged over whether ordoliberalism is part of the cause or the solution of economic problems in Europe. While German ordoliberals argued that their policy proposals were largely ignored before, during and after the crisis, critics saw...
Persistent link: https://www.econbiz.de/10014501741
Lewis argued that his 1954 model of economic development in a dual economy was based on the classical framework originally advanced by Smith, Malthus, Ricardo and Marx. The present paper provides a detailed investigation of how Lewis adopted and adapted classical concepts such as...
Persistent link: https://www.econbiz.de/10011761424