CAPITAL is a work of logic; but the conclusions of Capital keep a great distance from that of the reality. However, the academic circles have not yet discovered the real origin of the logical defect in CAPITAL, which has been a logical puzzle perplexing the academic circles for more than a...

Perhaps the most important contribution of CAPITAL is that that Marx employs systematically in CAPITAL the method of dialectic logic. In the viewpoint of modern sciences it is similarly a genetic method in economics. But due to historical limitations, the genetic structure of CAPITAL is not...

Futures market performs an important function which is to provide effective hedging besides price discovery at distant future date to the market participants. The hedging effectiveness of the futures contract shows its utility in reducing the amount of risk. We estimated the effective hedge...

This paper proposes an interpretation theoretical model of the Aufbau of Rudolf Carnap, this interpretation contributes to upgrade the project original Carnapian, in the sense of conferring to the constitutional program of construction logical, less committed analytic equipment with an ontology...

This study uses respondent data from a web-based survey of active finance scholars (45% response rate from 37 countries) to endogenously rank 83 finance journals by quality and importance. Journals are further tiered into four groups (A, B, C and D) and stratified into ‘‘upper,”...

Over the past two decades, many countries around the world have experienced substantial growth in their economies, driven by inflow of the foreign capital especially in the form of foreign direct investment (FDI). The share of net FDI in world GDP has grown five-fold through recent years, making...

The current crisis has triggered significant debate concerning economic theory and policy. Largely absent from this debate is an informed discussion of the methods used by economists in analysing the economy and formulating their proposals. But method matters. Here I argue that current academic...

The Soros “Alchemy” contains a verbal description of the Reflexivity Theory. It is shown that Hyperbolic Frames can form the mathematical basis for the theory. They can explain the current events and also can be used for predicting the crisis situations

One of the main achievements of Herbert A. Simon in organizational theory is analytically evaluating the psychology of individual and collective behavior thus opening the ground for further research D. Kahneman, and T. Schelling. This article provides an assessment of the contributions of...

This article aims to discuss two issues relatively linked. The first is an evaluation of the concept of paradigm of T. Kuhn in his representative work: The Structure of Scientific Revolutions ERC, [Ku96] and the complementary version by W. Stegmüller, Structure and dynamics of theories EDT,...