This book presents the history of economic thought as it relates to today’s most pressing problems, and it emphasizes the critical connection that exists between what may seem cold, unrealistic mathematical economic models, and the quality of everyday life of any citizen of the planet earth....

This paper discusses the establishment of the minimum wage determination process in the early twentieth century Australia, following the institutionalisation of compulsory industrial arbitration between capital and labour. This process led to the 1907 Harvester judgment whereby the Common-...

Behaviourism is the view that preferences, beliefs, and other mental states in social-scienti�c theories are auxiliary constructs re-describing people's behav- ioural dispositions. Mentalism is the view that they capture real phenomena, no less existent than the unobservable entities and...

Behaviourism is the view that preferences, beliefs, and other mental states in socialscientific theories are nothing but constructs re-describing people’s behavioural dispositions. Mentalism is the view that they capture real phenomena, no less existent than the unobservable entities and...

Economics has always had a difficult relationship with literature. Although early economists such as Adam Smith adopted a literary approach, pressures soon emerged to develop formal theory imitating natural sciences. A key aim was to attain scientific status and avoid comparison with literary...

Founded fifty years ago, the History of Economics Society served in its early years to support scholarship and teaching in the history of economic thought. But the decades long removal of history from economics departments and graduate programs has made the Society's mission increasingly...

Permanent readers of this journal have certainly noticed that the title of this article has a great similarity with the title of the issue No. 30 of the Revue du MAUSS. At first glance, the title of this issue “Toward another economic science (and thus toward another world)” may seem odd....

Poverty is an inability to buy the basic needs (Food, Shelter and Clothing) by a household, within their earnings. This is not the fault of the house holds. But it is a creation of the Corporate sectors producing/distributing the basic need items. They inflate the prices of these commodities on...

Die moderne Volkswirtschaftslehre wirkt auf andere Wissenschaften, auf die Gesellschaft und die Politik ein. Im Kontext dazu wird in dem Paper das disziplinäre Selbstverständnis von Ökonominnen und Ökonomen herausgearbeitet, wie es den wichtigsten Lehrbüchern des Faches inhärent ist....

This paper explores the following chain of conjectures: rising use of the internet, the widespread access to global information, and intensified communication between regions and countries brought about, for example, by intensified trade links bring about expansion of people's social space and...