Some standard interpretations of Leon Walras' political economy are challenged by a study of his philosophical and political ideas. Walras thought that his general-equilibrium theory was both a normative scheme and pure science. This "Walras paradox" is resolved by an understanding of the...

In this paper, I argue that the insightful and rich collection of various definitions of economics provided by Backhouse and Medema (2009a,b) suffers from a major shortcoming: it misses Walras’ contributions on this topic. Borrowing from the authors’ taxonomy, I will show that Walras’...

Some 150 years ago Hermann Heinrich Gossen passed away. Who was this author after whom one of the prizes of the Verein of Socialpolitik is named? The paper provides a critical summary account of Gossen’s work. Gossen was convinced that he had discovered the only faithful interpretation of the...

This article contributes to the explanation of the methodological differences between Cournot and Walras when these authors apply mathematics to economics. Our article explains the reasons behind Cournot’s refusal when Walras required him to write an article, which advocates the application of...

In the early postwar years, two trade-union economists, Gösta Rehn and Rudolf Meidner, presented a Swedish alternative to Keynesianism. The so-called Rehn- Meidner model recommends restrictive macroeconomic policies, labor market policy programs and solidarity wages to combine price stability...

The Austrian school of economics increasingly has become identified with antiwar groups. This is not due to religious or political views. Rather, the antiwar viewpoints of the Austrians come from the fundamental tenets of economics as expressed by the school’s founders and refined for 140...

reSumeNLos dos periodos de gobierno de Lula da Silva manifiestan el progresivoauge de Brasil como potencia emergente, llevándolo a plantear una políticaexterior con grandes proyectos nacionales e internacionales. En este artículoveremos que en ese proceso no solo han influido variables...

(The Second Half of the 1920s and 1930s) and N. D. Kondratiev’s Project of Economic Dynamics The article considers the ways to overcome the methodological gap between the analysis of economic cycles and the pure economic theory as suggested by the Western economists in the 1920s and 1930s. In...