The aim of this paper is to examine how the presence of social attitudes (our views of the others as a collective) may influence the effectiveness of re-distributive policies. The analysis will be focused on individuals' attitudes towards income which is directly connected to their own effort,...

<italic>The basic principles of Robbins's</italic> Essay on the Nature and Significance of Economic Science <italic>are still present in most textbooks in economics. We thus face a combined problem of historical and contemporary nature. Robbins's assertion concerning the ethics–economics relationship has two main...</italic>

In modern economics, the firm is a means of overcoming the inefficiencies generated by transaction costs and incomplete contracts. Its boundaries, therefore, are the means by which the efficiency of competition can be salvaged. Whether or not agents feel comfortable with the values which...

The question of whether there is general equilibrium in Adam Smith lies at the heart of the battlefield between those who wish to see Smith as a precursor of modern economics and those who see in his writing an alternative system. In this article I will argue that it is possible for general...