This paper outlines the development of Hayek's account of the working of decentralised economies, focusing in particular on his move away from using the notion of economic equilibrium towards an emphasis on the notion of 'order'

Historians of economic thought are paying greater attention to issues of social ontology (that is, to the assumptions that economists make about the nature of social reality). In this paper, we contribute to this burgeoning literature by exploring the hitherto neglected way in which James...

This year we celebrate 130 years since the birth of Victor Slăvescu, one of the most prominent Romanian economists. His various activity took place over a period of time marked by a succession of exceptional events: two world wars, the Great Union of 1918, the interwar period and the beginning...

This paper examines Alfred Marshall's theory of organization and business management, and explores the significance of his wisdom and foresight. Despite considerable research on Alfred Marshall’s economic theory, little attention, among economists in particular, has been given to his theory of...

Der Preis der Schwedischen Reichsbank für Wirtschaftswissenschaften im Gedenkenan Alfred Nobel geht im Jahr 2023 an Claudia Goldin, die Henry-Lee-Professorin fürWirtschaftswissenschaften an der Harvard-Universität. Sie ist sowohl Arbeitsökonominals auch Wirtschaftshistorikerin und erst die...

In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...

The recent events of national and global economy prove, in a sense synthesizers, non-performance, ignorance and economic dilettantism of some considered domain experts, reason for which, through this article, we highlight the need to revisit the concept of economist in economy and society, and,...

In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...

In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is an economic history of the period from 1850-1950, with distinguished economists' stories inserted in appropriate places. Nasar's goal is to show how economists work, but also to...

Before the John Bates Clark Medal (JBCM) has become a widely acknowledged professional and public marker of excellence in economics research, in the first twenty years since its inception more than seventy years ago in 1947 it was almost discontinued three times and once even not conferred....