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In this paper I explore Tocqueville's views on poverty and pauperism in democratic times. Tocqueville's explanation of economic and social phenomena linked to the raise of equality, show the difficult dilemmas he foresaw with the consolidation of democracy and increasing industrialization. New...
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The differences on value between Smith and Menger may be other from previously alleged if status is included as a need satisfied only by truly scarce goods.Given our innate desire to distinguish ourselves and be admired, Smith tells us that scarcity is what generates value. So, our desire for...
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In spite of the use of a utilitarian language in Rational Choice Theory, economists do not acknowledge any link to this current of moral philosophy, and have made great efforts to rid economics from its legacy. In this document we aim at assessing these efforts retracing their history from...
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