Archive of papers

Institutions, Policy and the Labour Market: The Contribution of the Old Institutional Economics

This paper seeks to examine the relationship and the interaction between institutions, policy and the labour market in the light of the ideas of the first generation of institutional economists, who, in contrast to neoclassicals, conceived of economy as a nexus of institutions, …

Read the abstract and download the paper »
Posted for review 5 Sep 2018
Published

Read the comments »
5 comments

Addressing the malaise in neoclassical economics: a call for partial models

Economics is currently experiencing a climate of uncertainty regarding the soundness of its theoretical framework and even its status as a science. Much of the criticism is within the discipline, and emphasizes the alleged failure of the neoclassical viewpoint. This article proposes the …

Read the abstract and download the paper »
Posted for review 21 Feb 2018
Published in Economic Thought 8.1

Read the comments »
9 comments

A Common Misunderstanding about Capitalism and Communism Through the Eyes of Innovation

This paper argues that the theories of communism and capitalism do not need to be considered opposites or alternatives, but rather systems that satisfy different stages of humanity´s technological development. The argument derives from Maslow´s hierarchy of needs and a …

Read the abstract and download the paper »
Posted for review 20 Feb 2018
Published

Read the comments »
6 comments

The Self According to Others: Explaining Social Preferences with Social Approbation

In past decades, significant behavioural work has been done in economics contesting the human agency model known as Homo Economicus. These findings are, however, far from integrated in mainstream economic theory, which builds heavily on the neoclassical tradition. Beyond tracing …

Read the abstract and download the paper »
Posted for review 20 Nov 2017
Published

Read the comments »
2 comments

Quantum Economics

A decade after the financial crisis, there is a growing consensus that the neoclassical approach to economics has failed, and that new approaches are needed. This paper argues that economics has been trying to solve the wrong problem. Economics sees …

Read the abstract and download the paper »
Posted for review 20 Oct 2017
Published

Read the comments »
5 comments

Spiethoff’s economic styles and the current debate about pluralism in economics

The article concentrates on the methodological aspects of the economic styles approach by Arthur Spiethoff. As it will be shown, this approach shows a lot of characteristics typically attributed to social economics, evolutionary economics, Tony Lawson’s social ontology and, therefore, …

Read the abstract and download the paper »
Posted for review 12 May 2017
Published

Read the comments »
4 comments