scholarly journals Internal vs. external explanations: A new perspective on the history of economic thought

2021 ◽  
pp. 35-132
Author(s):  
Walter Block ◽  
Christopher Westley ◽  
Alexandre Padilla
Keyword(s):  
Key Words ◽  
Majority Rule ◽  
Jel Classification ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
History Of ◽  
New Perspective ◽  
The One

The present paper is devoted to showing, via a reductio as absurdum argument, that all externalist explanations for truth in economics are false, but that if any are used, it should not be the democratic one utilized by Rosen (1997). Rather, even though it is equally fallacious, it should the one proposed in the present paper: the last publication in a debate indicates the substantive winner. Key words: truth, economics, majority rule, democracy, debate, argument. JEL classification: B0, B1, B2, B4.

scholarly journals Juan de Lugo y la libertad en Economía. El análisis económico escolástico en transición

2021 ◽  
pp. 217-244
Author(s):  
Fabio Monsalve Serrano ◽  
Óscar De-Juan
Keyword(s):  
Key Words ◽  
Natural Law ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
Dominant Position ◽  
Palabras Clave ◽  
History Of ◽  
New Ideas ◽  
Economic Reality ◽  
The Will

Following Odd Langholm certain ideas of Lugo presents this scho-lar as an author in transition between scholastic and natural law philosophers paradigms. The key point is the depersonalization or the objectivization of the economy characterized by the disappearance of the interpersonal eco-nomic relations and the necessity as a condition of the will and of the co-venants validity. These ideas appear on Lugo writings over the will and the keeping covenants. This paper revise Langholm thesis. The authors agreeing over the second item, not fully over the first one. Anyway, this «new ideas» are a Lugo attempt to fit the new economic reality with the scholastic legacy, where he belongs to. Key words: History of Economic Thought, dominant position, ethics and justice. Códigos JEL: B11, D42, Z10. Resumen: Odd Langholm reconoce en Lugo ciertas ideas que lo presen-tan como un autor en transición entre el paradigma escolástico y el de los filósofos del derecho natural. El elemento central de esta transición es la despersonalización u objetivación de la economía caracterizada por la desaparición de la dimensión interpersonal en las relaciones económicas y de la necesidad como condicionante de la voluntad y de la validez de los contratos. Estas ideas se hacen patentes en Lugo en el tratamiento de la voluntad y en el del cumplimiento de los contratos. En este trabajo se revisa la tesis de Langholm concluyendo que en el primer caso la ruptu-ra no es radical, pero sí en el segundo. En cualquier caso, las «nuevas ideas» en Lugo son un intento de armonizar la nueva realidad económi-ca con la tradición escolástica, a la que pertenece. Palabras clave: Historia del pensamiento económico, posición dominante, ética y justicia.

scholarly journals Journal of History of Economic Thought Preprints- Ricardo and Ricardians on the Order of Culivation

2018 ◽  
Author(s):  
BIDARD
Keyword(s):  
Economic Thought ◽  
History Of Economic Thought ◽  
Natural Order ◽  
History Of ◽  
Static Approach ◽  
The Law ◽  
The One ◽  
Law Of Succession

The Ricardian dynamics are based on the study of the order of cultivation when demand increases. Sraffa criticized Ricardo for having assumed that the incoming method is defined by a natural order and stressed that the law of succession of methods is based on a profitability criterion. Then, in the case of intensive cultivation, the question is whether the incoming method is indeed more productive than the one it replaces. Sraffa’s argument relies on the positivity of rent. However, there is a flaw in his reasoning and a failure of the Ricardian dynamics is possible. Post-Sraffian scholars have misunderstood that construction and have substituted a static approach for it. The critiques they address to Sraffa are better understood by returning to Ricardo and Sraffa's own methodology. Fifty years ago, mathematicians rediscovered Ricardo's approach independently and worked out a powerful algorithm inspired by it.

The Role of Viticulture and Enology in the Development of Economic Thought: How Wine Contributed to Modern Economic Theory

2012 ◽  
Vol 7 (2) ◽  
pp. 213-225
Author(s):  
Stephen Chaikind
Keyword(s):  
Karl Marx ◽  
Adam Smith ◽  
John Stuart Mill ◽  
Jel Classification ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
History Of ◽  
Modern Economic ◽  
David Ricardo

AbstractThis paper introduces the role wine has played as a central factor in the history of economic thought. The focus is on an examination of documented sources that connect wine and its viticulture and enology with the evolution of economic concepts. Works by Adam Smith, David Ricardo, Karl Marx, John Stuart Mill, Léon Walras, Alfred Marshall, and others are examined, as well as wine economic ideas postulated by Greek and Roman thinkers. (JEL Classification: A1, B1, B3, N00)

Spanish Economists Facing Indicative Planning in the 1960s

2009 ◽  
pp. 77-108
Author(s):  
José Luis Ramos-Gorostiza ◽  
Luis Pires-Jiménez
Keyword(s):  
Development Planning ◽  
Jel Classification ◽  
Economic Planning ◽  
Economic Thought ◽  
History Of Economic Thought ◽  
National Accounts ◽  
Planning History ◽  
New Instrument ◽  
History Of ◽  
The 1960S

- In this paper, the history of the adoption of the French indicative planning in Spain will be examined. Specific attention is given to the ideas of Higinio Paris at the end of the 1940s and to the ideas of Manuel de Torres in the 1950s, as well as to institutions like the Consejo de Economía Nacional or to the development of the first input-output tables and the first national accounts. Second, the support that the new instrument of economic policy in Spain had at the beginning of the 1960s will be analyzed, including the effective rhetoric that helped to implement it. Lastly, the guarded optimism with which Spanish economists from that time greeted the I Development Plan is shown, a plan which suffered for an increasingly disapproving attitude from the middle of the 1960s. Displaying a notable capacity of analysis, Spanish economists were able to anticipate a large part of the critical arguments that are today employed by economic historians in light of the development planning.JEL classification: B 20.Keywords: Economic planning; History of economic thought, Spain; Indicative planning.

scholarly journals Economic Thought of the Pribuzhie Region: Belarus and Poland

2017 ◽  
Vol 10 (4) ◽  
pp. 7-15
Author(s):  
Aliaksandr V. Charnavalau ◽  
Marek Kuźmicki ◽  
Adrian Grzegorzewski
Keyword(s):  
Economic Education ◽  
Economic Thought ◽  
Political Activity ◽  
History Of Economic Thought ◽  
Economic Science ◽  
The Past ◽  
Economic Methods ◽  
History Of ◽  
The Subject ◽  
New Perspective

Abstract Summary Subject and purpose of work: The article describes a new subject of research into the history of economic thought, the international Pribuzhie region. The article discusses the history of the rise and development of economic science in the Pribuzhie region from the 8th to the 21st century, which is the subject of research. The aim of the article is to present a new perspective on the subject of research as well as the characteristics of the process of economic science in the Pribuzhie region. Materials and methods: The article uses a conventional method, which is a collection of historical, philosophical and economic methods of cognition, on the basis of which, in the context of a scientific program, the past of economic thought and relevant doctrines are examined, and their content is described. Results: The various historical stages in the development of the economic thought of the Pribuzhie region are described, as well as new, unpublished facts relating to individual economic doctrines. Conclusions: Political activity and public administration activities should involve economic education, which defines the essence of economic policy, its objectives and ways of realization in the practical sphere.

scholarly journals The concept of rationality in introductory economics textbooks

2021 ◽  
pp. 204717342199433
Author(s):  
Martin K Jones
Keyword(s):  
Jel Classification ◽  
Economic Thought ◽  
Point Of View ◽  
History Of Economic Thought ◽  
Teaching Tool ◽  
Explicit Analysis ◽  
History Of ◽  
Modern Economic ◽  
The Uk ◽  
Introductory Economics

The paper reviews major Economics textbooks used in the UK from the point of view of their use of rationality as a teaching tool. The textbooks vary widely in their explicit analysis of rationality from finding it important to totally ignoring it. When textbooks do use the concept as part of their analysis, the definitions vary considerably. In fact, there are some implicit uses of rationality in all textbooks although these are not always acknowledged. This complexity is reflected in the history of economic thought and modern economic analysis. The future use of rationality as a teaching tool is discussed in the context of current research in economics. JEL Classification: A22

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.

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).

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