In the 1960s and 1970s Harrod shifted the emphasis of his research in economic dynamics from the study of business cycles (instability principle) to the investigation of the growth process. As part of that, he restated his concept of the natural growth rate as an optimum welfare rate. The...

The death of welfare economics has been declared several times. One of the reasons cited for these plural obituaries is that Kenneth Arrow's impossibility theorem, as set out in his path-breaking Social Choice and Individual Values in 1951, has shown that the social welfare function - one of the...

Altersarmut, Bildungsunterschiede, eine wachsende Kluft zwischen Arm und Reich - die deutsche Gesellschaft spaltet sich und viele Menschen rufen nach sozialer Gerechtigkeit. Die Autorin untersucht, wie sich das Verständnis von sozialer Gerechtigkeit in Philosophie und Politik gewandelt hat, und...

Diese Schrift gibt einen Überblick über die Evolution und die Entwicklungen im Bereich des betrieblichen Rechnungswesens und deckt eine zeitliche Spanne von etwa 5.500 Jahren ab. Begonnen wird bei den Wirtschaftstexten der Sumerer, und im Folgenden werden die Epochen Antike, Feudalismus und...

Friedrich Hayek's The Road to Serfdom is an influential book more than seventy years after its publication. This paper examines his arguments and finds that they come up short in many ways and suggests that we have taken "another road to serfdom". Hayek's mind was completely closed to the...

The thinking that has unilaterally dominated economic science for over five decades has recently come under intensive scrutiny and its validity and conceptual and empirical coherence are the subject of controversy. Thus the limitations of the prevailing paradigm for addressing the failures of...

Through this paper I try to join the lively debate around mainstream economics with a view to calling attention to some methodological aspects. It is aimed at outlining an interpretation based on Max Weber's traditional neoclassical methodology that can help us to find the adequate territory of...

The work of Raúl Prebisch is typically summarized by two of his important contributions to development economics: the center-periphery paradigm together with his diagnosis of Latin America's development struggles. Recent investigations have, however, shed light on the nature of Prebisch's early...

Funded by the tobacco and fossil fuel industries, the Mises- and Hayek-inspired "free" market has adopted "The Slogan of Liberty" - but should their faith-based assertions be accorded the same epistemological status as a science? If Austrian economics is a branch of divinely revealed "knowledge"...

This volume, Part XII, examines the "free" market Use of Knowledge in Society; examines the foundations of "free" market educational credentials; and asks whether those funded by the tobacco industry and the carbon lobby should be accorded "independent policy expert" status.

The Role of Ideas in Great Transformations -- Transition as functional differentiation -- Constructivist institutionalism and the structure/agency-problem -- What is special about Russia --What is special about Russia I: Lack of liberal underground discourses -- What is specific about Russia II:...

Contents -- Acknowledgements -- Polanyian perspectives -- Polanyi in times of brexit and trump -- Towards a post-polanyian approach -- Contradiction and transcendence -- Property, order and commerce -- Justice, price and power -- Transcendence and the disembedding of economic ideas -- Marketised...