This site presents papers that scholars have submitted for publication in Economic Thought. You are cordially invited to comment on these papers.
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Papers under review
Daniyal Khan
The paper analyzes Robert Heilbroner’s philosophy of economics through the lens of Max Weber’s philosophy of science. Specifically, Heilbroner’s position on vision, ideology and value-freedom is examined by contextualizing it within a framework of Weberian science. Doing so leads to a better understanding of Heilbroner’s seemingly contradictory statements about ideology as well as a re-interpretation … Continue reading »
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Posted for review 22 Feb 2013
Stuart Holland and Teresa Carla Oliveira
This paper submits that while David Hume and Adam Smith are presumed to be founders of modernism in philosophy and economics they already were what now would be deemed post-modern. It outlines Hume’s concept of ‘the reflexive mind’ and to how this opened frontiers between philosophy and psychology that Russell denied and which logical positivism … Continue reading »
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Posted for review 29 Jan 2013
Jorge Morales Meoqui
Due to a precise definition of comparative advantage and a deeper understanding of the logical interrelationships between this proposition and the two other main elements in David Ricardo’s famous numerical example in the Principles – the classical rule of specialization and the proposition regarding the non-appliance of the labor theory of value in international exchanges … Continue reading »
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Posted for review 29 Jan 2013
Victoria Chick
It is, I think, interesting to compare the views of E. F. Schumacher and J. M. Keynes on the ethical aspects of economics – both the economic systems of which they were a part and economics as a subject. Both agreed that economics (as commonly understood and taught) applied to only a limited sphere of … Continue reading »
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Posted for review 18 Dec 2012
David Casassas
Adam Smith takes a stand that clearly differs from that of the doctrinaire liberalism that would take shape in the first third of the 19th Century. He does not imagine that social life takes place in a neutral, politically aseptic space, free of power relations in which people freely and voluntarily enter into contracts. Indeed, … Continue reading »
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Posted for review 17 Dec 2012
Ezra Davar
This paper shows that Marshall’s theory is generally equivalent to Walras’s one. It shows that Walras used two types of demand functions: (1) the original (ordinary) demand curve (function); and (2) the derived (general) demand function. Marshall also used both types of demand curves (function); however he did so in a very simplified and vague … Continue reading »
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Posted for review 14 Nov 2012
