Showing 1 - 10 of 257
Economic pluralism proposes that economists and social planners should consider alternative theories to establish a … generate discriminatory wages. Each cause deserves corresponding policy action. Given pluralism, wage discrimination might be … relations towards minority workers. Pluralism might be jeopardised if there is a limited desire to engage with less …
Persistent link: https://www.econbiz.de/10011795527
Economic pluralism proposes that economists and social planners should consider alternative theories to establish a … generate discriminatory wages. Each cause deserves corresponding policy action. Given pluralism, wage discrimination might be … relations towards minority workers. Pluralism might be jeopardised if there is a limited desire to engage with less …
Persistent link: https://www.econbiz.de/10012130653
desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold …
Persistent link: https://www.econbiz.de/10011781107
argues that that particular claim 1) is generally accepted, but 2) is unsupported by good evidence, and 3) what evidence …
Persistent link: https://www.econbiz.de/10011524191
argues that that particular claim 1) is generally accepted, but 2) is unsupported by good evidence, and 3) what evidence …
Persistent link: https://www.econbiz.de/10011599879
Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek's unique definition of knowledge.
Persistent link: https://www.econbiz.de/10011950203
This paper compares and contrasts two schools of political economy: the Austrian School, prominent members of which include Friedrich Hayek and Ludwig von Mises; and the Bloomington School, which was founded by Elinor and Vincent Ostrom. It is argued that the two traditions share a good deal in...
Persistent link: https://www.econbiz.de/10012953094
Financial economics and mathematical finance are the two traditional scientific disciplines that constitute modern financial theory. Although they still largely dominate modern financial theory, in the past few years a new “player” has increasingly been making itself felt and could lead to a...
Persistent link: https://www.econbiz.de/10012907162
This paper discusses the impact of Sraffa's thinking on economics. It argues increasing specialization in research is producing an ‘all trees, no forest' fragmentation of economics that creates opportunities for a return to concerns that motivated classical political economy. It associates...
Persistent link: https://www.econbiz.de/10012860409
This paper uses the theory of complex systems as a conceptual lens through which to compare the work of Friedrich Hayek and Vincent and Elinor Ostrom. It is well known that, from the 1950s onwards, Hayek conceptualised the market as a complex adaptive system. It is argued in this paper that,...
Persistent link: https://www.econbiz.de/10012960213