Economic Theories of Demographic Change

AbstractThe target article by Boyer & Petersen (B&P) contributes a vital message: that people have folk economic theories that shape their thoughts and behavior in the marketplace. This message is all the more important because, in the history of economic thought, Homo economicus was increasingly stripped of mental capacities. Intuitive theories can help restore the mind of Homo economicus.

Download Full-text

Karl Marx’s Legacy: The Historical Overview

Voprosy Ekonomiki ◽

10.32609/0042-8736-2007-9-87-103 ◽

2007 ◽

pp. 87-103

Author(s):

R. Nureev

Keyword(s):

Marxist Theory ◽

Neoclassical Economic ◽

Historical Overview ◽

Economic Theories ◽

The Future ◽

History Of ◽

Western Marxism

The article is devoted to the history of reception and interpretation of the ideas of Marx and Engels. The author considers the reasons for divergence between Marxist and neoclassical economic theories. He also analyzes the ways of vulgarization of Marx’s theory and the making of Marxist voluntarism. It is shown that the works of Marx and Engels had a certain potential for their over-simplified interpretations. The article also considers academic ("Western") Marxism and evaluates the prospects of Marxist theory in the future.

Download Full-text

ECONOMIC DEVELOPMENT OF UKRAINE: INTEGRATED CONNECTIONS OF MODERN ECONOMIC THEORIES

Economy and Society ◽

10.32782/2524-0072/2018-18-1 ◽

2018 ◽

Author(s):

G.O. Kundieieva ◽

O.M. Solomka

Keyword(s):

Economic Development ◽

Economic Theories ◽

Modern Economic

Download Full-text

Two Intellectual Landmarks in the Year 1749

Journal of Scottish Philosophy ◽

10.3366/jsp.2019.0231 ◽

2019 ◽

Vol 17 (2) ◽

pp. 101-123

Author(s):

Farhad Rassekh

Keyword(s):

Paradigm Shift ◽

David Hume ◽

Adam Smith ◽

Considerable Extent ◽

Monetary Theory ◽

Economic Theories ◽

Classical Economics ◽

Wealth Of Nations ◽

Economic Thinking

In the year 1749 Adam Smith conceived his theory of commercial liberty and David Hume laid the foundation of his monetary theory. These two intellectual developments, despite their brevity, heralded a paradigm shift in economic thinking. Smith expanded and promulgated his theory over the course of his scholarly career, culminating in the publication of The Wealth of Nations in 1776. Hume elaborated on the constituents of his monetary framework in several essays that were published in 1752. Although Smith and Hume devised their economic theories in 1749 independently, these theories complemented each other and to a considerable extent created the structure of classical economics.

Download Full-text