This article, by examining the two strands of thought developed during the period 1670-1770 in English economic thought with respect to the preferable wage rates, intends to evaluate the theoretical arguments which specify the pre-classical theses for or against low real wages and to analyse how...

In the last few decades the influence on economics of the ideas of T. Kuhn and I. Lakatos was considerable. The increasing use of terms like «paradigms» and «scientific research programmes» in almost every field of economics, is indicative of the influence of these two philosophers....

Entrepreneurship is a broad topic of research, beginning with the analysis of Richard Cantillon in the mid-eighteenth century and extending into modern times with the inclusion of psychological, sociological and historical exegeses. Within such a modern approach to entrepreneurship lies Alfred...

The introduction of new technology may have significant effects on the level of employment and the real wage rate; effects that have received considerable attention even from the economic thinkers of the classical period. This paper aims to analyze and evaluate the various views and arguments of...