methodologically individualist and subjectivist economics, such a claim is invalid. We recast Tullock’s argument accordingly, and …

subjectivist economics, such a claim is invalid. We must distinguish between positive economic fact and normative moral philosophy … to be “bad.” We call for a reconstruction of utility and welfare economics based on methodological individualism and …-competition theory considers to be evidence of rent-seeking should instead be deemed as indications of genuine competition under …

subjectivist economics, such a claim is invalid. We must distinguish between positive economic fact and normative moral philosophy … to be “bad.” We call for a reconstruction of utility and welfare economics based on methodological individualism and …-competition theory considers to be evidence of rent-seeking should instead be deemed as indications of genuine competition under …

subjectivist economics, such a claim is invalid. We must distinguish between positive economic fact and normative moral philosophy … to be “bad.” We call for a reconstruction of utility and welfare economics based on methodological individualism and …-competition theory considers to be evidence of rent-seeking should instead be deemed as indications of genuine competition under …

and calculation of intrinsic values. A most recent theory, the systemic-value-added approach (also named lost …-capital paradigm), provides a dierent denition of residual income, consistent with arbitrage theory. En- folded in Keynes's (1936 …) notion of user cost and forerun by Pressacco and Stucchi (1997), the theory has been formally introduced in Magni (2000a …

Abstract What went so wrong in economics started in 1939 with ‘The Hicksian Getaway,’ where – after over ten years of … Capital.” After a series of failed attempts to integrate time into production theory, in 1958 Armen Alchian proposed a method … horizonal theory of price. Jack Hirshleifer (1962) saw Alchian’s (1958) frame as a threat to neoclassical theory, declaring his …

the Middle East. Much of their explanation – including both theory and fact – is plagiarized. It is cut and pasted, almost …

production costs in The Wealth of Nations. In the Theory of the Moral Sentiments, he abandons benevolence as a fundamental …