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My philosophical case study concerns textbook presentations of the theory of demand. Does this theory contain anything more than just a collection of tautologies? In order to determine its empirical content, it must be viewed holistically. But then, the theory implies false factual claims. We...
Persistent link: https://www.econbiz.de/10009467037
Wie müsste eine faire Lösung des Klimaproblems aussehen? Wie sollten wir Pflichten und finanzielle Lasten der nötigen CO2-Reduktionen verteilen, wenn es dabei gerecht zugehen soll und keiner übervorteilt werden darf? In meiner Antwort auf diese ethischen Fragen stütze ich mich auf einen...
Persistent link: https://www.econbiz.de/10009467052
Sustainability is usually constructed in terms of environmental preservation or of replicating a certain output level. To challenge the status-quo, we argue that it is a matter of preserving a certain version of social order, which can only be replicated by a trickle-down pattern of conspicuous...
Persistent link: https://www.econbiz.de/10011788830
Sustainability is usually constructed in terms of environmental preservation or of replicating a certain output level. To challenge the status-quo, we argue that it is a matter of preserving a certain version of social order, which can only be replicated by a trickle-down pattern of conspicuous...
Persistent link: https://www.econbiz.de/10015336005
the metaphor. The second one is to stress the rarely appreciated accomplishments of selected classical economists. The …
Persistent link: https://www.econbiz.de/10009480998
The first price runs for Korean rice help us develop a Smithian physiocratic model to explain the low, stable prices of the eighteenth century and the rising, volatile prices of the nineteenth. Ownership rights provided incentives, and productivity after 1600 exceeded subsistence to achieve...
Persistent link: https://www.econbiz.de/10009441404
losses have disproportionately negative impact on local communities. Economists generally argue that free and unimpeded …
Persistent link: https://www.econbiz.de/10009475015
current economic issues. This has implications for the acceptance of economic policy since these economists are apt to uphold … the interests of their employer. In contrast, academic economists suffer from a lack of recognition and reach in the media … generation of academic economists, in contrast to previous generations, is becoming reticent on matters of public policy. …
Persistent link: https://www.econbiz.de/10009484643
Universities represent a highly complex organizational structure that is beset with serious informational problems. A simplistic allocation rule based on university rankings is sometimes applied to fund disciplines/departments in order to promote efficiency. This study shows the pitfalls of...
Persistent link: https://www.econbiz.de/10009482131
It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due … to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the …
Persistent link: https://www.econbiz.de/10009482282