scholarly journals A Study of History of Economic Thought and it’s Relevance

2016 ◽  
Vol 2 (06) ◽  
Author(s):  
Dr. Anand Shanker Singh
Keyword(s):  
Social Systems ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Economic Systems ◽  
Economic Activities ◽  
Economic Theories ◽  
History Of

There are many possible approaches to organizing economic activities of individuals living in social systems. Whatever method is chosen, it is necessary to coordinate or integrate the behavior of individual members of the society. The history of economic thought is a study of the more important attempts to analyze, describe and explain the relationships in actual or idealized economic systems. Knowledge of alternative explanations of economic processes provides a basis for evaluating the performance of industrial economies. It also provides a basis for critically evaluating economic theories and models that purport to describe modern industrial economies

How Homo economicus lost her mind and how we can revive her

2018 ◽  
Vol 41 ◽  
Author(s):  
Peter DeScioli
Keyword(s):  
Economic Thought ◽  
History Of Economic Thought ◽  
Homo Economicus ◽  
Economic Theories ◽  
Target Article ◽  
History Of ◽  
The Mind ◽  
And Behavior

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.

scholarly journals Organizational structure and economic activities of the cooperative publishing house «Kultur-Liga» in the context of the study of economic history problems

2019 ◽  
pp. 110-122
Author(s):  
Yevhenii Kostyk
Keyword(s):  
Organizational Structure ◽  
Economic History ◽  
Publishing Industry ◽  
Publishing House ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Economic Activities ◽  
Difficult Situation ◽  
Stage Of Development ◽  
History Of

The subject of research is the organizational structure and economic activities of the cooperative publishing house «Kultur-Liga». The aim of the study is to study the development of the organizational structure and economic activities of the cooperative publishing house «Kultur-Liga» in the context of economic history. Methods of research. All components of the study are based on fundamental principles – scientific, historicism, objectivity, system, development, priority of concrete verity, pluralism; and also the methods of knowledge of social and economic processes of social development – analysis, synthesis, problem-chronological, comparative analytical, archaeological, retrospective, statistical, a systematic and integrated approach. Research methodology. In the process of investigating this problem, the fundamental principles were based on economic history and history of economic thought, the Ukrainian and foreign scientists’ works and experts in this area. Results of the study. In the study, we tried to consider the development of the organizational structure and economic activities of the cooperative publishing house «Kultur-Liga» in the context of economic history. The field of application of results. The results of this study can be used in studying issues of economic history and the history of economic thought. Conclusions. Thus, noting the fact that we considered above – the development of the organizational structure and economic and economic activity of the cooperative publishing house «Kultura-Liga», permits to characterize the features of the formation organizational structure of a publishing house, to consider social and professional founders and members, to analyze a system of cooperative management based on a share company. It should be noted that in Ukraine at the present stage of development of the market economy where is dominated by various forms of ownership, a national publishing industry is in a difficult situation. The search of an effective model of the national book publishing is an important today, and so in the study particular attention is paid to own historical experience.

scholarly journals “Journal of the History of Economic Thought Preprints - Economists and Their Travels, or the Time When JFK Sent Douglass North on a Mission to Brazil”

2017 ◽  
Author(s):  
Mauro Boianovsky
Keyword(s):  
Economic Thought ◽  
History Of Economic Thought ◽  
Economic Systems ◽  
History Of Economics ◽  
Potential Source ◽  
History Of ◽  
New Ideas ◽  
Douglass North

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 exposition to “other” economic systems, ideas and forms of behavior. That is particularly the case when they travel to new places while their frameworks are in their initial stages or undergoing changes. This essay examines economists’ traveling as a potential source of new hypotheses, from the 18th to the 20th centuries, with a detailed case study of Douglass North’s 1961 travel to Brazil.

scholarly journals The Moral and Political Dimension of Economics The Fact-Value Dichotomy

2016 ◽  
Vol 19 (4) ◽  
Author(s):  
Vasco Almeida
Keyword(s):  
Moral Philosophy ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Political ◽  
Policy Makers ◽  
Political Dimension ◽  
Economic Theories ◽  
Positive Science ◽  
History Of ◽  
Economic Analyses

Since the neoclassical school, the separation between facts and values, is and ought, positive and normative, has become a concern in conventional economic analyses. Economics should focus on facts, and present general principles, leaving the choice of various technical alternatives to policy makers. This article addresses the following questions: can economics, seen as a positive science, be separated from the political dimension? Is it possible to separate facts from values or are they necessarily intertwined?After showing how the separation between economics and moral philosophy unfolded throughout the history of economic thought, the article analyses the factvalue dichotomy discussion and concludes that facts and values are necessarily intertwined. Then, the article shows that the premises and theories of conventional economic theories contain hidden values, despite being presented as universal truths on which policies are based, and thus fail to discuss the various perspectives of the problems.Reviving a tradition commenced by Aristotle, the article concludes by arguing that economics is necessarily moral and political. However, the acknowledgement of the normative nature of economics cannot compromise the pursuit of objectivity.

Essays of a “comparatively progressive” economist (On the 150th birth anniversary of Vladimir Geleznoff)

2019 ◽  
pp. 135-145
Author(s):  
Viktor A. Popov
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
The Political ◽  
Russian History ◽  
Working Ability ◽  
Intellectual Inquiry ◽  
History Of

Deep comprehension of the advanced economic theory, the talent of lecturer enforced by the outstanding working ability forwarded Vladimir Geleznoff scarcely at the end of his thirties to prepare the publication of “The essays of the political economy” (1898). The subsequent publishing success (8 editions in Russia, the 1918­-year edition in Germany) sufficiently demonstrates that Geleznoff well succeded in meeting the intellectual inquiry of the cross­road epoch of the Russian history and by that taking the worthful place in the history of economic thought in Russia. Being an acknowledged historian of science V. Geleznoff was the first and up to now one of the few to demonstrate the worldwide community of economists the theoretically saturated view of Russian economic thought in its most fruitful period (end of XIX — first quarter of XX century).

Thorstein Veblen: A View from the 21st Century

2007 ◽  
pp. 73-85 ◽  
Author(s):  
R. Nureev
Keyword(s):  
21St Century ◽  
Institutional Economics ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Thorstein Veblen ◽  
History Of

The article provides a description of T. Veblen’s views, showing his place in the history of economic thought. The author analyzes the context of Veblen’s life and work and considers different aspects of his theoretical legacy. Special attention is paid to the discussion of Veblen’s role in the development of institutional economics. The author describes in detail the main trends in the development of institutionalism after Veblen.

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