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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The essay traces the evolution of my academic career through three stages: as a Habsburg economic historian, an anthropometric historian, and as a humanistic economist exposing the Achilles hills of mainstream economics and tracing the roots of the rise of …
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Posted for review 20 Mar 2025
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In the economic realm, production is the primordial phenomenon – that which is revealed as the foundation. Indeed, so profound is the role of production in economics, that if economics as a field is to have real meaning, it must …
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Posted for review 20 Mar 2025
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The Anthropocene further sees a critique of the paradigm of infinite economic growth, whereby pressing environmental degradation and obvious social inequalities have kept on exposing the limits of conventional economics time and again. It traces a genealogy of growth-centric economics, …
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Posted for review 20 Mar 2025
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Although modern economics has developed for a quarter millennium, it has become far from the usefulness in the economic lives of people because one of the most fundamental troubles has not been resolved yet; its unrealistic preconditions such as scarce …
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Posted for review 7 Nov 2023
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Economics is losing people’s trust because it is rarely useful in the economic lives of people. Even its price theory, mainstay of economics, is scarcely utilized to invest into the stock market which nearly meets its stringent prerequisites such as …
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Posted for review 7 Nov 2023
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This paper posits that Heraclitus’ work constitutes a somewhat underappreciated foundation in the study of socioeconomic thought. It then differentiates his perspective from earlier economic thought in ancient societies and critically examines the surviving fragments of his work. The dialectical …
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Posted for review 7 Nov 2023
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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
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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
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