In this article, we aim to develop a political economy of mass hysteria. Using the background of COVID-19, we study past mass hysteria. Negative information which is spread through mass media repetitively can affect public health negatively in the form of nocebo effects and mass hysteria. We...

This article discusses two major conceptions of competition, the classical and the neoclassical. In the classical conception, competition is viewed as a dynamic rivalrous process of firms struggling with each other over the expansion of their market shares at the expense of their competitors....

Economists are divided about population growth: the pessimism of neo-Malthusians contrasts strongly with the optimism of cornucopians. Despite their differences, both schools of thought reject economic orthodoxy and prefer evolutionary forms of theory. Their interpretations of evolution are...

In the 1950s, Jacques Rueff's references to social order seem pretty clear: it is not a spontaneous phenomena. Although Rueff is generally seen as a liberal economist, this has prompted commentators to see in his approach something more artificial than Hayek's own ideas on social order. Hayek...

The aim of this article is to discuss why we should synthesize feminist and post-Keynesian/Kaleckian economics. We answer three related questions. Why does post-Keynesian economics need feminist economics? Why does feminist economics need post-Keynesian macroeconomics? Finally, what is the...

What can we learn about applied price theory from the Bourgeois Era? In this paper, we contend there are three important lessons that can be extracted from McCloskey's work on the Great Enrichment. First, transaction costs are not constraints, but objects of choice. Second, property rights are...

Widespread use of the term "neoliberalism" is of surprisingly recent origin, dating to only the late 20 th century. The "neoliberalism" literature has nonetheless settled on an origin story that depicts the term as a self-selected moniker from the 1938 Walter Lippmann Colloquium. This paper...

This paper compares Deirdre McCloskey's reading of the "bourgeois reevaluation" with Sergio Ricossa's. Italian economist Sergio Ricossa was – like McCloskey – schooled in the neoclassical, formalistic tradition, but in time drifted toward a more "Austrian" approach, as he was influenced by...

Ludwig von Mises hat Zeit seines Lebens die intellektuelle Auseinandersetzung mitantiliberalen und antikapitalistischen Ressentiments gesucht. Der vorliegende Beitraggreift die bereits durch Mises gestellte Frage nach möglichen Gründen für dieantikapitalistischen Ressentiments der...

Ludwig von Mises hat Zeit seines Lebens die intellektuelle Auseinandersetzung mitantiliberalen und antikapitalistischen Ressentiments gesucht. Der vorliegende Beitraggreift die bereits durch Mises gestellte Frage nach möglichen Gründen für dieantikapitalistischen Ressentiments der...