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  1. Has everything on Adam Smith been written? A model and a counterargument.Terence Rajivan Edward - manuscript
    I respond to Nuno Palma’s suggestion, made in 2008, that we are approaching the day in which nothing new can be said about Adam Smith. I think that is unlikely. The paper presents a model to support the suggestion. To illustrate my counterargument, I focus on the problem of Adam Smith’s apparently contradictory claims about the effects of the division of labour on character.
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  2. Complexity, Policymaking, and The Austrian Denial of Macroeconomics.Scott Scheall - 2023 - In Bert Tieben, Victoria Chick & Jesper Jespersen (eds.), Routledge Handbook of Macroeconomic Methodology. Routledge.
    Economists associated with the Austrian School of Economics are known to deny the value of macroeconomics as descended from the work of John Maynard Keynes and, especially, his followers. Yet, Austrian economists regularly engage in a related scientific activity: theorizing about the causes and consequences of economic fluctuations, i.e., the business cycle. What explains the Austrians’ willingness to engage in theorizing about the business cycle while denying the scientific import of macroeconomics? The present paper argues that the methodological precepts of (...)
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  3. Phenomenological perspectives on economics: Schütz versus Düppe.Petr Špecián - 2019 - HORIZON. Studies in Phenomenology 8 (2):613-631.
    The article explores novel directions in the phenomenology of economics. It analyzes how the approaches of Till Düppe and Alfred Schütz, both inspired by Edmund Husserl, may shed light on the historical development of economics. I examine the substance and meaning of economics in the context of the forceful criticism of the whole discipline recently raised by Düppe. This examination uncovers important weaknesses and omissions inherent in Düppe’s argument against the economists’ scientific aspirations. The analysis of the social scientific endeavors (...)
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  4. Energy security issues in contemporary Europe.Josef Abrhám, Igor Britchenko, Marija Jankovic & Kristina Garškaitė-Milvydienė - 2018 - Journal of Security and Sustainability Issues 7 (3):388-398.
    Throughout the history of mankind, energy security has been always seen as a means of protection from disruptions of essential energy systems. The idea of protection from disorders emerged from the process of securing political and military control over energy resources to set up policies and measures on managing risks that affect all elements of energy systems. The various systems placed in a place to achieve energy security are the driving force towards the energy innovations or emerging trends in the (...)
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  5. The Recent Critique of Theoretical Economics: A Methodologically Informed Investigation.Lukasz Hardt - 2016 - Journal of Economic Issues 50 (1):269-287.
    My purpose is to appraise the recent critique of theoretical economics by applying the methodological perspective. Therefore, I start by identifying the main lines of criticism raised against theoretical economics in the aftermath of the post-2008 global economic crisis: namely, the voices criticizing economics for its unrealistic models, excessive mathematization, and overconfidence in its theoretical claims. First, I show that these issues are interconnected and should be jointly analyzed. Next, I investigate these lines of critique from the perspective provided by (...)
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  6. Hayek's Epistemic Theory of Industrial Fluctuations.Scott Scheall - 2015 - History of Economic Ideas (1):101-122.
    F.A. Hayek essentially quit economic theory and gave up the phenomena of industrial fluctuations as an explicit object of theoretical investigation following the publication of his last work in technical economics, 1941’s The Pure Theory of Capital. Nonetheless, several of Hayek’s more methodologically-oriented writings bear important implications for economic phenomena, especially those of industrial fluctuations. Decisions (usually, for Hayek, of a political nature) taken on the basis of a “pretence” of knowledge impede the operation of the price system’s belief-coordinating function (...)
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  7. Criticizing the critique. Some methodological insights into the debate on the state of economic theory in the face of the post 2008 crisis.Lukasz Hardt - 2010 - Bank&Credit 41 (4):7-22.
    The aim of this paper is to investigate the current debate on the state of economics from a methodological perspective. We claim that the majority of contributions criticizing modern economics are not based on clear methodological principles and thus many of them are not correct. We show this with respect to such issues as the problem of realisticness of models and their assumptions, the role of mathematics in economics, the way we conceptualize the relation between economics (theory) and economy (empiria), (...)
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  8. Pluralism, formalism and American economics.David Colander & Harry Landreth - 2008 - In Edward Fullbrook (ed.), Pluralist economics. New York: Distributed in the USA exclusively by Palgrave Macmillan.
  9. Valuing processes.Martin E. Sandbu - 2007 - Economics and Philosophy 23 (2):205-235.
    Conventional economic theory assumes that people care only about ultimate outcomes and are indifferent to the decision and allocation processes by which outcomes are brought about. Building on Sen (1997), I relax this assumption, and investigate the formal and philosophical issues that arise. I extend the formal apparatus of preference theory to analyse how processes may enter preferences, and investigate whether traditional invariance requirements like the Weak Axiom of Revealed Preference are still satisfied in this new setting. I show that (...)
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  10. The faults of formalism and the magic of markets.Daniel M. Hausman - 1998 - Critical Review: A Journal of Politics and Society 12 (1-2):127-138.
    Abstract Contrary to Peter J. Boettke's essay, ?What Went Wrong with Economics??, there is no connection between ?formalism? and the alleged inability of mainstream economists to regard theoretical models as anything other than either depictions of real market economies or bases for criticizing market economies and justifying government intervention. Although Boettke's criticisms of the excesses of formalism are justified, Austrian economists such as Boettke need to justify their view that government interventions into economic affairs are inevitably harmful.
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  11. Lakatosian Perspectives on General Equilibrium Analysis: A REPLY.Andrea Salanti - 1993 - Economics and Philosophy 9 (2):283-287.
  12. The structuralist view of economic theories: A review essay: The case of general equilibrium in particular.D. Wade Hands - 1985 - Economics and Philosophy 1 (2):303-.
  13. The logical reconstruction of pure exchange economics: Another alternative.Douglas Wade Hands - 1985 - Theory and Decision 19 (3):259-278.