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Persistent link: https://www.econbiz.de/10005436084
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This essay gives an overview of a set of selected articles published between 2016 and 2017 in the major journals that cover the history of economic thought. In surveying the literature, we focus on three major aspects - the scope, the sources, and the methods - with reference to which we discuss...
Persistent link: https://www.econbiz.de/10011846669
In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written “Whig History” is spurious. Moreover the author argues that Samuelson's own writings on modern economics are,...
Persistent link: https://www.econbiz.de/10011458149
This paper contrasts the modern use of the assumption that rationality guides individual economic behaviour, as reflected in simple models of utility and profit maximization, to literature between 1890 and 1930 which sharply challenged the use of such an assumption, as well as to later...
Persistent link: https://www.econbiz.de/10010261170
Theory can have profound effects on practice, some intended and desirable, others unintended and undesirable. That's the story of the influence the field of law and economics has had on the domain of law and accounting. That influence comes primarily from agency theory and modern finance theory,...
Persistent link: https://www.econbiz.de/10013128942
One approach to analyzing inequality is to compare average economic choices from a classical theoretical framework. Another approach considers the impact of the formation of society, through statutes and institutions, on average economic outcomes. This paper studies the effects of slavery on...
Persistent link: https://www.econbiz.de/10013038303
Analyses why we have a globalised economy that is so volatile and vulnerable, at the same time as it increases the gap between rich and poor, as well as producing such huge negative impacts on the environment. Also proposes a comprehensive plan for creating the right sort of globalised economy
Persistent link: https://www.econbiz.de/10013153030
In this review essay of Medema's and Waterman's collection of some of Samuelson's writings in the history of economics, the author argues that Samuelson's claim to have written “Whig History” is spurious. Moreover the author argues that Samuelson's own writings on modern economics are,...
Persistent link: https://www.econbiz.de/10012970702
This paper contrasts the modern use of the assumption that rationality guides individual economic behaviour, as reflected in simple models of utility and profit maximization, to literature between 1890 and 1930 which sharply challenged the use of such an assumption, as well as to later...
Persistent link: https://www.econbiz.de/10013318577