Agents, Equations, and Economics
Critiques of Neoclassical Economics extend, unsurprisingly, to its mathematical structure. The discussion has largely focused on General Equilibrium Theory (GET), a formalism developed by Leon Walras...
View ArticleFrom 'What New Political Economy Is' to 'Why Is Everything New Political...
In this paper, I aim to discuss New Political Economy as a label for the economic analysis of politics, in the English language. The term 'political economy' itself, although it has ceased to be the...
View ArticleThe Incommensurability of Keynes's and Walrasian Economics and the...
The Cambridge Journal of Economics witnessed an important debate between Mark Pernecky and Paul Wojick on the one side and Rod Thomas on the other about the usefulness of Thomas Kuhn's sociology and...
View ArticleA methodological perspective on economic modelling and the global pandemic
A question that recent research on the global pandemic raises is: how do the assumptions underlying epidemiological models and economic models differ? Epidemiological models we now know have become...
View ArticleLimits to economics, religion and (maybe) everything else: Reply to Rati...
Read Rati Mekvabishvili's 'On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research' here...
View ArticleReply to Rati Mekvabishvili's 'On the Importance of Altruism, Prosocial...
Read Rati Mekvabishvili's 'On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research' here...
View ArticleReply to Rati Mekvabishvili's 'On the Importance of Altruism, Prosocial...
Read Rati Mekvabishvili's 'On the Importance of Altruism, Prosocial Behavior and Christian Love in Behavioral Economics research' here...
View ArticleOn the Importance of Altruism, Prosocial Behavior and Christian Love in...
The article discusses the concepts of altruism and prosocial behavior and their importance in interdisciplinary studies of behavioral economics. The basic theoretical models and concepts of altruism...
View ArticleThe Interpretation of Ownership: Insights from Original Institutional...
In this work we analyse the main interpretations of ownership in Original Institutional Economics (OIE) and their links with pragmatist psychology and psychoanalysis. We consider Thorstein Veblen's...
View ArticleAbout the “Dual Character of Labour”: a Reformulation of Marx's Commodity Theory
In a letter to Engels (24 August 1867), Marx says that the best of his book (Capital) are (i) the “dual character of the labour embodied in commodities” and (ii) the surplus value theory. Marx's...
View ArticleRe-Thinking Fast and Slow
Daniel Kahneman's book Thinking, Fast and Slow (2011) has had a worldwide impact. The book's insights are profound and have changed the thinking of both decision scientists and general audiences about...
View ArticleBankers as Immoral? Some Parallels and Differences between Aquinas's Views on...
Since ancient times the practices and ethics of bankers and banking in general have undergone a great deal of criticism. While lending is motivated by profit, and while households are not explicitly...
View ArticleOn Technofeudalism: What Killed Capitalism? An interview with Yanis...
Yanis Varoufakis is an economist and politician. After serving as Greek Finance Minister in 2015, he went on to co-found the Democracy in Europe Movement 2025, of which he is now Secretary- General....
View ArticleOn CBDC and the Need for Public Debate: Policy and the Concept of Process
According to the Principle of Techno-Geek Proportionality, for every million times a nerd gets excited about “the latest thing” the world might change once. Central bank digital currency (CBDC) may be...
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