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...

In this paper we have presented arguments for simplicity as epistemological criterion of economic research. In particular, have been important aspects that show how the tradition of the theory, to make principle simplicity to represent many empirical data of experience or information, was one of...

Starting from the specific nature of the present world monetary & financial crisis, this paper endeavours to identify and to analysis its implications on the evolution of economic science. 

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...

In this paper we have presented arguments for simplicity as epistemological criterion of economic research. In particular, have been important aspects that show how the tradition of the theory, to make principle simplicity to represent many empirical data of experience or information, was one of...

Constant returns to scale (CRS) is one of the corner-stones of the competitive general equilibrium paradigm of neoclassical economics. This note argues that the equilibrium solutions of this paradigm are not compatible with CRS. CRS implies that all producers (whatever their scale of production)...

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,...

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...

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,...

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...