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This working paper - like its companion, Caldwell and Klausinger 2021 - grew out of the authors' joint work on Hayek: A Life 1899-1950 (Caldwell and Klausinger 2022) and it contains material supplementing it. This paper examines the intellectual circles of fin-desiécle Vienna in which the Hayek...
Persistent link: https://www.econbiz.de/10012515261
There has been on-going controversy about the evolution of John Maynard Keynes’ thought on economic theory among economists of different schools of thought. Even though Keynes have always been considered a revolutionary in economic thought in relation with his ideas in the General Theory,...
Persistent link: https://www.econbiz.de/10013216179
Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The marginalists - especially Jevons and Walras - viewed...
Persistent link: https://www.econbiz.de/10011695287
In the paper, Edwin B. Wilson's influence on the rise of mathematical economics in America between the 1920s and 1940s is explored. The focus is laid on showing how on the grounds of his foundational ideas about science Wilson worked at the organizational and educational fronts to modernize...
Persistent link: https://www.econbiz.de/10011759996
Be it on topics of property, contract, commerce, trade, tax, legal history, or other matters, jurisprudence in the United States often invokes economic thinking in providing a rationale for legal outcomes. Consequently, I wondered how often the appeal to economic thinking in the courts included...
Persistent link: https://www.econbiz.de/10014192345
This paper examines Alfred Marshall's theory of organization and business management, and explores the significance of his wisdom and foresight. Despite considerable research on Alfred Marshall’s economic theory, little attention, among economists in particular, has been given to his theory of...
Persistent link: https://www.econbiz.de/10014038453
The paper contends that neoclassical ideology stems, to a great extent, from mathematical analysis. It is suggested that mainstream economic thought can be comprehensively revisited if both histories of mathematical and economic thought are to be taken collaboratively into account. Ideology is...
Persistent link: https://www.econbiz.de/10014262995
In The Theory of Moral Sentiments, Adam Smith asserts that humans have an innate interest in the fortunes of other people and desire for sympathy with others. In Smith’s theory, sympathy is an imperfectly reflected combination of emotion and judgment when one observes someone (the agent) in a...
Persistent link: https://www.econbiz.de/10014190617
Research in economics using documentary archives provides clearer interpretations about the ideas and their development throughout time, in the context of the writing process in relation to the interlocutors and antagonists, and the nature of the problems addressed. This document presents...
Persistent link: https://www.econbiz.de/10012905417
La investigación en economía empleando archivos documentales permite interpretacionesmás claras sobre las ideas y desarrollo de las mismas a través del tiempo;el contexto de escritura en relación con interlocutores y antagonistas; y lanaturaleza de los problemas abordados. En este documento...
Persistent link: https://www.econbiz.de/10010828257