Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...

This paper examines the Torah to derive a small set of essential core values for living. Core values are the guiding principles that can be used by individuals as well as organizations to make correct decisions and provide a reason for being. Both the Torah itself (the Written Law) and the...

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...

Today’s globalized economy cannot be governed by legal strictures alone. A combination of self-interest and regulation is not enough to avoid the recurrence of its systemic crises. We also need virtues and a sense of corporate responsibility in order to assure the sustained success of the...

We show that an easily computed and simply structured policy for making workorder decisions is optimal in the Clark-Scarf inventory model. That is a model of a make-to-stock multistage serial manufacturing process with convex costs of finished goods inventory, a set-up cost for purchasing,...

I review the contributions to Scholastic economic philosophy made by Duns Scotus in the Opus Oxoniense, showing that Duns Scotus makes considerable advances in the understanding of exchange, the legitimization of trade, and the development of the Church's traditional teaching on usury. I then...

Nicolas Dutot (1684-1741) is an important figure for the history of economic thought, as a pioneer in monetary theory and price statistics, and for economic history as a chronicler of John Law’s System. Yet until recently very little about him was known, some of it incorrect. I present...

A system of thought allowed for the free market price of land to cyclically go down to zero. This is the economics of Moses. The economics of Jesus is a restatement of the economics of Moses. The first was applied during Biblical times and the latter, united with Aristotle’s thought and...

We present a comparison between the works of two great critics of the market economy: Rousseau and Marx. It shows their similarities and divergences, most important of which is the place they give to economic analysis in their intellectual and political theories. Whereas Marx built his political...

In this essay, I use a general argument about the evidential role of data in ongoing inquiry to show that it is fruitful for economic historians and historians of economics to collaborate more frequently. The shared aim of this collaboration should be to learn from past economic experience in...