Adam Smith hat in seinem Bild des Menschen der Rolle der Imagination einen so großen Stellenwert eingeräumt, dass es berechtigt ist, ihn als Bildanthropologen zu bezeichnen. Der Aspekt des Bildvermögens von Menschen geriet im Laufe des 19. Jahrhunderts in der Geschichte der Wirtschaftstheorie...

James Buchanan would have celebrated his 100th birthday in 2019. This serves as an inspiration to look at the future of public choice and the question of how much normativity public choice can bear. In our analysis we draw parallels between public choice and German ordoliberalism (and its source...

James Buchanan would have celebrated his 100th birthday in 2019. This serves as an inspiration to look at the future of public choice and the question of how much normativity public choice can bear. In our analysis we draw parallels between public choice and German ordoliberalism (and its source...

This paper provides a critical reading of Janek Wasserman’s The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas. Wasserman depicts the evolution of the Austrian School from the 1860s until today, a particularly illuminating narrative for the readers of this journal....

This contribution argues that Menger’s Grundsätze ground economic subjectivism in cognitive features. It elaborates on need-satisfaction in relation with the use value of goods. It details the various forms raised for utility in Menger’s texts and distinguishes between both Grundsätze...

This paper addresses Johann Heinrich von Thünen's income distribution theory (1850), highlighting the way the author develops his solution to the aforementioned problem -i.e. his well-known "natural wage" formula ap - by means of four different mathematical proofs, whose assumptions, purposes,...

The notion of solution plays a crucial role in the conceptual system of Léon Walras, the founder of General Equilibrium Theory (GET). In this paper, after introducing the two solution concepts employed by Walras in the development of his version of GET, respectively called the “theoretical”...

Equilibrium, disequilibrium and time in Walras’ economics.Walras’ theory of general economic equilibrium undergoes deep changes over the twenty-six years elapsing from the date when Walras’ first significant theoretical contribution is published (1874) and the date when the fourth edition...

The purpose of this article is to demonstrate that Edgeworth’s Mathematical Psychics (1881) has been influenced by various intellectual contemporaries through the ‘Sidgwick-Barratt Controversy’. Under the influence of Barratt, Edgeworth admitted the physical methods of ethics; which is...