For much economics research, ethics committee approval is not required. This is seen by some as indicating that there are no ethical issues in economics research. However, ethical research requires more than simply meeting regulatory requirements. If economics research has an impact on...

This paper tackles the problem of the demarcation of value judgments in economic expertise. Is it possible to disentangle values from facts, or neutral scientific assertions from value-laden judgments, in the context of economic expertise? If not, why not? And if it is, under what conditions?...

The need for transition to indefinitely sustainable macro economic production functions and the attendant required evolution of modern portfolio theory are discussed. A new, 'next economy' methodology is proposed to practically apply modern realities to portfolios in meaningful ways. Existing...

Buchanan mentions at several points in his oeuvre the necessary role for a ‘constitutional attitude' – at the individual (‘the private man') and social level (‘the public man'). Buchanan's constitutional attitude is both explanatory and evaluative; it explains why citizens value liberty...

This paper aims to contribute to the analysis of expectations and belief reversals in an evolutionary and complexity economics framework. It formulates its analysis in terms of the concept of reflexivity, drawing on the ideas regarding reflexivity in financial markets of George Soros, and lays...

This paper compares the Islamic and the Western social scientific perspectives on corruption. It is argued that the emerging shift in social scientific thought in viewing corruption from 'grease that oils the economic wheel' to a 'menace that undermines economic growth' has brought rational...

As is known to readers of this journal, Gregory Gronbacher and Daniel Finn have engaged in an interesting dialogue about economic personalism. It is not my intention to review here all that they have written. My objective is to show that their dialogue not only touches upon key aspects of the...