Open Peer Discussion Forum for Economic Thought
This site presents papers that scholars have submitted for publication in Economic Thought. You are cordially invited to comment on these papers.
Comments can range from short remarks to full reviews. We encourage you to be frank, but polite. As a rule, commentators should give their name. If they fear hurting their relationship with authors, they can use an alias, which has to be clearly recognizable as such.
Editors will vet comments before publication to make sure appropriate and comprehensible language is used and that they are directly on the paper at hand. Since the OPD plays a crucial role in the peer review process, commentators are requested to make substantive comments relating to the content of the articles that they are engaging with. Comments that either fail to engage with the material, or express an opinion (positive or negative) about the article without making a substantive contribution will not be accepted. Standards of fairness will be particularly high if an alias is used
Authors who have submitted a paper for open peer review are strongly encouraged to take part in this collaborative effort by responding to comments and by reading and commenting on papers of other authors. Where a paper is selected for publication in the journal and there is a comment on the OPD which takes the form of an extended commentary and is of sufficient quality, the editors may, at their discretion, decide to publish this commentary alongside the paper.
We thank all contributors very much for their time and input.
Papers under review
Mudit Rastogi
The main intent of this article is to investigate the social nature of an economic agent in a realistic setting of the market. After a methodical and detailed reading of the classical writings by Adam Smith, Marx Weber and John …
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Posted for review 21 Apr 2022
Narciso Túñez
Post Keynesian Economics has shifted away and even renegade from Keynes’ original research program, i.e., the Unemployment Equilibrium thesis, endogenous money and liquidity preference determination of interest rate in which money and uncertainty play a fundamental part. This paper attempts …
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Posted for review 20 Feb 2022
Jean Cartelier
In a letter to Engels (24 August 1867), Marx says that the best of his book (Capital) are (i) the “dual character of the labour embodied in commodities” and (ii) the surplus value theory. Marx’s vindication of first point is …
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Posted for review 27 Aug 2021
Zakariya Chabani
Ibn Khaldun’s economic philosophy represents an interesting explanation of the convergence of social, political and economic realms of human lives. In his theory, he provides insights into the requirements for achieving sustainable economic development. He reiterates several theories like the …
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Posted for review 4 May 2021
Arturo Hermann
In this work we analyse the main interpretations of ownership in Original Institutional Economics (OIE) and their links with social psychology and psychoanalysis. We consider Thorstein Veblen’s notion of ownership as a relation of possession of persons, and John R.Commons’s …
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Posted for review 30 Apr 2021
John R. Stinespring
Daniel Kahneman’s book Thinking, Fast and Slow (2011) has had a worldwide impact. The book’s insights are profound and have changed the thinking of both decision scientists and general audiences about how choices are made. Kahneman, however, claims that standard …
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Posted for review 14 Oct 2020
Rati Mekvabishvili
The article discusses the concepts of altruism and prosocial behaviour and their importance in interdisciplinary studies of behavioural economics. The basic theoretical models and concepts of altruism in Behavioural Economic are reviewed. Altruism is shown to be a hidden and …
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Posted for review 30 Sep 2020
Thomas E. Lambert
Since ancient times the practices and ethics of bankers and banking in general have undergone a great deal of criticism. While lending is motivated by profit, and while households are not coerced into borrowing money, the justice of a system …
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Posted for review 20 Mar 2020
Marek Hudik
According to a widely shared view, the development of demand theory in the first half of the twentieth century was heavily influenced by anti-psychological attitudes of economists. I call this view “anti-psychologist thesis” and I criticize it on several grounds. …
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Posted for review 20 Mar 2020