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Sufficient Economy is our topical framework of economic thoughts. Sufficient Economy has been defined as per the ‘Sufficiency Economy Description and Definition' Set, henceforth abbreviated as SED&D, which shall form de rigor the basis of our interpretation and elaboration from here onward. We...
Persistent link: https://www.econbiz.de/10013019998
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...
Persistent link: https://www.econbiz.de/10014217541
El reciente auge de la neuroeconomía ha abierto una serie de preguntas sobre el impacto que esta nueva disciplina puede tener sobre la forma en que se hace teoría económica. Este trabajo busca resaltar la relevancia que la metodología en ciencia económica tiene como herramienta...
Persistent link: https://www.econbiz.de/10014162239
This paper compares and contrasts the hermeneutic turn advocated by Don Lavoie in this 1985 essay on The Interpretive Dimension of Economics with the ontological turn that was gathering momentum amongst other groups of heterodox economists at about the same time. It is argued that an explicit...
Persistent link: https://www.econbiz.de/10014140191
The role of traveling as a source of discovery and development of new ideas has been controversial in the history of economics. Despite their protective attitude toward established theory, economists have traveled widely and gained new insights or asked new questions as a result of their...
Persistent link: https://www.econbiz.de/10011759979
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The economic paradigms of Ludwig von Mises on the one hand and of John Maynard Keynes on the other have been correctly recognized as antithetical at the theoretical level, and as antagonistic with respect to their practical and public policy implications. Characteristically they have also been...
Persistent link: https://www.econbiz.de/10014195194
Recently, economics, both as a science and as a profession, has fallen under scrutiny by authors from various fields. A common theme in the critical literature is the idea that economics has morally lost its way and must be reformed. Each of the books discussed in this review studies perceived...
Persistent link: https://www.econbiz.de/10014142331
Accuracy of economic theories and efficiency of economic policy strictly depend on the choice of the economic variables and processes mostly liable for description of economic reality. That states the general problem of assessment of any possible economic variables and processes chargeable for...
Persistent link: https://www.econbiz.de/10014030185