“Law and Neoclassical Economics”: A Response to Commentaries

1998 ◽  
Vol 16 (1) ◽  
pp. 163-171 ◽  
Author(s):  
James R. Hackney

I first want to thank all of the commentators for their insights on, and criticisms of, my article, as well as thank the editors of Law and History Review for the opportunity to respond. Rather than addressing each comment individually, I will structure my response along conceptual issues raised by all three, although the three comments each have different emphases. The two conceptual categories I use are “technical criticisms” and “historiographical criticisms.” Under the category of technical, I include criticisms of my characterization of neoclassical economics theory and my analysis of particular texts. The historiographical category encompasses substantive historical issues, including which authors should be included in my accounting of law and neo-classical economics as it relates to the reconfiguration of tort law theory. However, it also touches upon broader methodological issues of how one goes about doing intellectual history(ies).

Author(s):  
John Oberdiek

Chapter 2 takes up the complex task of formulating a conception of risk that can meet the twin desiderata of practicality and normativity. Though neither an unreconstructed subjective nor objective account of risk can, on its own, play the role we need it to play in a moral context, the accounts can be combined to take advantage of their respective strengths. Much of the chapter is therefore devoted to explaining how to overcome this recalibrated perspective-indifference. The chapter defends the perspective of a particular interpretation of the reasonable person, well-known from tort law, as a way of bringing determinacy to the characterization of risk. Defending this evidence-relative perspective while criticizing competing belief- and fact-relative perspectives, the chapter argues that it has the resources to meet the twin desiderata of practicality and normativity.


Religions ◽  
2019 ◽  
Vol 10 (6) ◽  
pp. 371 ◽  
Author(s):  
Adis Duderija ◽  
Ghulam Rasool

This article aims to explain the ideas and the significance of Dr. Bilal Philips, a prominent ‘Salafi‘preacher, a major proponent of Neo-Traditional Salafism, and how his writings and activities can aid us in understanding the dynamics regarding the nature of Salafism in the West as a discursive tradition with deep roots in the Islamic intellectual history, as well as an element of global Salafi movements. As such, the article focuses primarily on identifying and analyzing Philips’ ideas on what constitutes a proper approach to interpreting the Qur’ān and Sunna in the light of the Islamic legal and exegetical tradition. After discussing the reasons why the ideas of Philips are significant for understanding Salafism in the West, the article focuses on his views on the conceptual relationship between sunna and hadīth, the broader hermeneutic characterization of the main four Sunni schools of thought (madhāhib), and issues pertaining to the correct methodology of Qur’ānic exegesis (tafsīr). The article also discusses the internal factionalism and the contentedness of the category of Salafism among western Salafis by examining one critique levelled at Philips by his fellow Salafis residing in the West, with the view of not only understanding and situating the views of Philips more accurately but also to provide an avenue to understand the internal Salafi dynamics in the West in particular.


1980 ◽  
Vol 85 (5) ◽  
pp. 1253
Author(s):  
David Fellman ◽  
G. Edward White

2010 ◽  
Vol 32 (1) ◽  
pp. 39-62 ◽  
Author(s):  
DAVID LAIDLER

The article contrasts an intellectual history perspective on the transition from classical to neo-classical economics with doctrinal accounts of the marginal revolution. Marshall's opinions on the mixture of theoretical, methodological, and moral and political elements involved in the generational divide shows that more was at stake than accounts in which theory alone is stressed suggest. It is also argued that in other respects less was at stake: drawing a sharp dividing line between pre- and post-marginal treatments of policy issues does not do justice to underlying continuities in the empirical utilitarian tradition. The article is dedicated to the memory of R. D. C. (Bob) Black, whose work on Jevons illustrates the benefits of an intellectual historian's approach to this significant transition in economic thinking.


2012 ◽  
Vol 20 (3) ◽  
pp. 81-96 ◽  
Author(s):  
Ben Fine ◽  
Dimitris Milonakis

AbstractIn this response to the symposium on our two books we try to deal as fully as possible in the brief space available with most of the major issues raised by our distinguished commentators. Although at least three of them are in agreement with the main thrust of the arguments put forward in our books, they all raise important issues relating to methodology, the history of economic thought (including omissions), and a number of more specific issues. Our answer is based on the restatement of the chief purpose of our two books, describing the intellectual history of the evolution of economic science emphasising the role of the excision of the social and the historical from economic theorising in the transition from (classical) political economy to (neoclassical) economics, only for the two to be reunited through the vulgar form of economics imperialism following the monolithic dominance of neoclassical economics at the expense of pluralism after the Second World War. The importance of political economy for the future of economic science is vigorously argued for.


2011 ◽  
Vol 49 (3) ◽  
pp. 728-730

David Colander of Middlebury College reviews “Redeeming Economics: Rediscovering the Missing Element” by John D. Mueller. The EconLit Abstract of the reviewed work begins “Considers a neo-Scholastic view on economics that restores the Scholastic elements of consumption and final distribution to the field after their elimination in Adam Smith's theory of economics. Discusses Smithology and its discontents; scholastic economics, c. 1250-1776; classical economics, 1776-1871; neoclassical economics, 1871-c. 2000; neo-Scholastic economics, c. 2000 and beyond; the “mother's problem” and St. Augustine's solution; the success and failure of neoclassical economics; an empirical test--fatherhood and homicide; the moral implications of scarcity--the good Samaritan paradigm; marriage, the “first natural bond of human society”; why parents give children “existence, rearing, and instruction”; how neo-Scholastic economics explains our life earnings and spending; saving America's infant industry; the theory of American public choice; injustice in exchange--unemployment; injustice in exchange--inflation; and the three worldviews. Mueller is Director of the Economics and Ethics Program at the Ethics and Public Policy Center and President of LBMC LLC. Index.”


AJS Review ◽  
2021 ◽  
Vol 45 (2) ◽  
pp. 348-381
Author(s):  
Eli Rubin

The maskilic characterization of the nineteenth century as a period of decline and ossification for Hasidism is increasingly eschewed by scholars, yet continues to mark current research in significant ways. As a case study, this article takes up Rabbi Shmuel Schneersohn of Lubavitch (“Maharash,” 1834–1882), rescrutinizing (1) the controversy surrounding the onset of his leadership, (2) his personality and charisma, (3) his methodological approach to the teachings and texts that he inherited from his predecessors, and (4) his theological contributions and their place in the broader trajectory of Chabad's intellectual history. His tenure emerges as a false twilight, in which a new foundation was laid for the perpetuation and expansion of Chabad-Lubavitch, as both an intellectual and activist movement, in the century that followed.


1980 ◽  
Vol 1980 (6) ◽  
pp. 1201 ◽  
Author(s):  
Jeffrey O'Connell ◽  
G. Edward White

2019 ◽  
Vol 26 (34) ◽  
pp. 6222-6235 ◽  
Author(s):  
Erica Marucco ◽  
Marco Lisicki ◽  
Delphine Magis

Background: Despite pain being its most prominent feature, migraine is primarily a disorder of sensory processing. Electrophysiology-based research in the field has consistently developed over the last fifty years. Objective: To summarize the current knowledge on the electrophysiological characteristics of the migraine brain, and discuss perspectives. Methods: We critically reviewed the literature on the topic to present and discuss articles selected on the basis of their significance and/or novelty. Results: Physiologic fluctuations within time, between-subject differences, and methodological issues account as major limitations of electrophysiological research in migraine. Nonetheless, several abnormalities revealed through different approaches have been described in the literature. Altogether, these results are compatible with an abnormal state of sensory processing. Perspectives: The greatest contribution of electrophysiological testing in the future will most probably be the characterization of sub-groups of migraine patients sharing specific electrophysiological traits. This should serve as strategy towards personalized migraine treatment. Incorporation of novel methods of analysis would be worthwhile.


2016 ◽  
Vol 24 (3) ◽  
pp. 217-225
Author(s):  
Carlos Eduardo Rebello de Mendonça

In Communism and Nationalism in Portugal, José Neves is more concerned with the ideological history of the Portuguese Communist Party, that is to say with what discursive terms it concerned itself, than with the particular historical issues posed by its concrete development, and with the party’s actual history. In a nutshell, what we have in this work is an attempt to grasp the history of a Marxist party in non-Marxist terms. The whole outlook of the work is therefore concerned with looking at the intellectual history of Portuguese Communism from the outside, in terms of the development of a discourse that is not taken as true or false, but as a thing unto itself.


Sign in / Sign up

Export Citation Format

Share Document