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  1. St. Thomas Aquinas and the Development Natural Law in Economics Thought.Muhammad Rashid - 2020 - Journal of Economic and Social Thought 7 (1).
    Building on the system of reason provided for by the Greek philosopher and specifically Aristotle, St. Thomas Aquinas built a comprehensive system and theory of natural law which has lasted through the ages. The theory was further developed in the Middle Ages and in the Enlightenment Ages by many a prominent philosopher and economist and has been recognized in the Modern Age. The natural law-theory and system has been repeatedly applied to the spheres of economic thought and has produced many (...)
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  2. Imagination Rather Than Observation in Econometrics: Ragnar Frisch’s Hypothetical Experiments as Thought Experiments.Catherine Herfeld - 2019 - Hopos: The Journal of the International Society for the History of Philosophy of Science 9 (1):35-74.
    In economics, thought experiments are frequently justified by the difficulty of conducting controlled experiments. They serve several functions, such as establishing causal facts, isolating tendencies, and allowing inferences from models to reality. In this paper, I argue that thought experiments served a further function in economics: facilitating the quantitative definition and measurement of the theoretical concept of utility, thereby bridging the gap between theory and statistical data. I support my argument by a case study, the “hypothetical experiments” of the Norwegian (...)
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  3. Malcolm Rutherford's The Institutionalist Movement in American Economics, 1918-1947: Science and Social Control. Cambridge : Cambridge University Press, 2011, 410pp. [REVIEW]David Gindis - 2012 - Erasmus Journal for Philosophy and Economics 5 (1):93.
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  4. Universals and the Methodenstreit: A Re-Examination of Carl Menger's Conception of Economics as an Exact Science.Uskali Mäki - 1997 - Studies in History and Philosophy of Science Part A 28 (3):475-495.
    In the latter half of the 19th century, economic thought in the Germanspeaking world was dominated, both intellectually and academically, by the so-called historical school, from Wilhelm Roscher to Gustav Schmoller and others. In 1871, the Austrian Carl Menger published his Grun&tze der Volkswirtschaftslehre (Menger, 1976 (1871)), customarily referred to as one of the three simultaneous discoveries of marginalist economics-the other two marginalist ‘revolutionaries’ being Jevons in England and Walras in France. Twelve years later, in 1883, Menger published a major (...)
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  5. “Book Review: Competition, Coordination and Diversity: From the Firm to Economic Integration“. [REVIEW]Peter Lewin - 2016 - Libertarian Papers 8:183-187.
    This book is a collection and reworking of research done by Pascal Salin since around 1990. Salin is an economist in the tradition of the Austrian school of economics. He emphasizes the centrality of individual choice in an uncertain world in which individual actions interact to produce spontaneous orders. But he is no mere conduit of established ideas. He also offers his own highly original insights honed after a lifetime as an economist, one who has earned the respect in which (...)
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  6. Value Neutrality and the Ranking of Opportunity Sets.Michael Garnett - 2016 - Economics and Philosophy 32 (1):99-119.
    I defend the idea that a liberal commitment to value neutrality is best honoured by maintaining a pure cardinality component in our rankings of opportunity or liberty sets. I consider two challenges to this idea. The first holds that cardinality rankings are unnecessary for neutrality, because what is valuable about a set of liberties from a liberal point of view is not its size but rather its variety. The second holds that pure cardinality metrics are insufficient for neutrality, because liberties (...)
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  7. Philosophy and Economics.D. Wade Hands - 2008 - In S. N. Durlauf & L. E. Blume (eds.), The New Palgrave Dictionary of Economics, 2nd edition. Palgrave. pp. 410-420.
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  8. Motives to Assist and Reasons to Assist: The Case of Global Poverty.Simon Keller - 2015 - Journal of Practical Ethics 3 (1):37-63.
    The principle of assistance says that the global rich should help the global poor because they are able to do so, and at little cost. The principle of contribution says that the rich should help the poor because the rich are partly to blame for the plight of the poor. This paper explores the relationship between the two principles and offers support for one version of the principle of assistance. The principle of assistance is most plausible, the paper argues, when (...)
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  9. Good Government, Governance and Human Complexity. Luigi Einaudi’s Legacy and Contemporary Society.Paolo Silvestri & Paolo Heritier (eds.) - 2012 - Olschki.
    The book presents an interdisciplinary exploration aimed at renewing interest in Luigi Einaudi’s search for “good government”, broadly understood as “good society”. Prompted by the Einaudian quest, the essays - exploring philosophy of law, economics, politics and epistemology - develop the issue of good government in several forms, including the relationship between public and private, public governance, the question of freedom and the complexity of the human in contemporary societies.
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  10. Realism From the ‘Lands of Kaleva’: An Interview with Uskali Mäki.Uskali Mäki - 2008 - Erasmus Journal for Philosophy and Economics 1 (1):124-146.
    USKALI MÄKI (Helsinki, 1951) is a philosopher of science and a social scientist, and one of the forerunners of the strong wave of research on the philosophy and methodology of economics that has been expanding during the last three decades. His research interests and academic contributions cover many topics in the philosophy of economics, such as realism and realisticness, idealisation, scientific modelling, causation, explanation, rhetoric, the sociology and economics of economics, and the foundations of new institutional and Austrian economics. He (...)
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  11. Sensemaking in Economics: Economic Activity From a Social-Philosophical Perspective.Ekaterina Svetlova - 2010 - Erasmus Journal for Philosophy and Economics 3 (1):136-138.
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  12. Modèle rationnel ou modèle économique de la rationalité?Philippe Mongin - 1984 - Revue Economique 35 (1):9-63.
    This article critically discusses the concept of economic rationality, arguing that it is too narrow and specific to encompass the full concept of practical rationality. Economic rationality is identified here with the use of the optimizing model of decision, as well as of expected utility apparatus to deal with uncertainty. To argue that practical rationality is broader than economic rationality, the article claims that practical rationality includes bounded rationality as a particular case, and that bounded rationality cannot be reduced to (...)
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  13. Science and its Economics-How Much Are They Worth? A Review of Philip Mirowski and Esther-Mirjam Sent's Science Bought and Sold: Essays in the Economics of Science.C. Lutge - 2004 - Journal of Economic Methodology 11:257-262.
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  14. Donald N. McCloskey, Knowledge and Persuasion in Economics. [REVIEW]Sergio Volodia Marcello Cremaschi - 1995 - Pragmatics and Cognition 4 (2):423-427.
    A discussion of one of the three books by which McCloskey launched his own economic rhetoric. The main criticism is that McCloskey enlarged view of rhetoric is still not encompassing enough, being limited to rhetoric in the writing of economic literature, while leaving the function of metaphor and other tropes in the more basic processes of conceptualization, theory change, and construction of 'observed' phenomena.
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  15. Review: Hausman, D. Essays on Philosophy and Economic Methodology.Luc Bovens - 1994 - Review of Metaphysics 47 (4):818-820.
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  16. Going in Circles.David-Hillel Ruben - 2009 - In Chrysostomos Mantzavinos (ed.), Philosophy of the Social Sciences: Philosophical Theory and Scientific Practice. Cambridge University Press. pp. 312.
    What might it mean to say that there is such a thing as a hermeneutic circle in the social sciences? A consideration of some remarks by Charles Taylor and others and an interpretive reconstruction, and assessment, of the idea of such a circle.
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  17. Caveat Emptor: Economics and Contemporary Philosophy of Science.D. Wade Hands - 1997 - Philosophy of Science 64 (4):116.
    The relationship between economics and the philosophy of natural science has changed substantially during the last few years. What was once exclusively a one-way relationship from philosophy to economics now seems to be much closer to bilateral exchange. The purpose of this paper is to examine this new relationship. First, I document the change. Second, I examine the situation within contemporary philosophy of science in order to explain why economics might have its current appeal. Third, I consider some of the (...)
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  18. Unrealistic Assumptions and Unnecessary Confusions : Rereading and Rewriting F53 as a Realist Statement.Uskali Mäki - 2009 - In The methodology of positive economics : Reflections on the Milton Friedman legacy. Cambridge University Press.
    It is argued that rather than a well defined F-Twist, Milton Friedman’s “Methodology of positive economics” offers an F-Mix: a pool of ambiguous and inconsistent ingredients that can be used for putting together a number of different methodological positions. This concerns issues such as the very concept of being unrealistic, the goal of predictive tests, the as-if formulation of theories, explanatory unification, social construction, and more. Both friends and foes of Friedman’s essay have ignored its open-ended unclarities. Their removal may (...)
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  19. Invisible Hands and the Success of Science.K. Brad Wray - 2000 - Philosophy of Science 67 (1):163-175.
    David Hull accounts for the success of science in terms of an invisible hand mechanism, arguing that it is difficult to reconcile scientists' self-interestedness or their desire for recognition with traditional philosophical explanations for the success of science. I argue that we have less reason to invoke an invisible hand mechanism to explain the success of science than Hull implies, and that many of the practices and institutions constitutive of science are intentionally designed by scientists with an eye to realizing (...)
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Causation in Economics
  1. Cluster Approach in Innovation and Investment Entrepreneurial Activity in Free Economic Zones Promoting.Igor Britchenko & Peter Jarosz - 2018 - In Igor Britchenko & Yevheniia Polishchuk (eds.), Development of small and medium enterprises: the EU and east-partnership countries experience: collective monograph. pp. 117 - 129.
    In markets globalization and increasing competition context, governments of the world’s leading countries are forced to use complex organizational and economic instruments to support the countries’ economy. One of such instruments is creation of Free Economic Zones (FEZ) with favorable conditions for doing business. Over the last decade activation process of Free Economic Zones mechanism disposal for the economy of a particular country development has been possible to observe. If in 1995 there were approximately 500 zones in the world, now (...)
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  2. Development of Small and Medium Enterprises: The EU and East-Partnership Countries Experience: Monograph.Igor Britchenko & Ye Polishchuk (eds.) - 2018 - Wydawnictwo Państwowej Wyższej Szkoły Zawodowej im. prof. Stanisława Tarnowskiego w Tarnobrzegu.
    The monograph reveals challenging issues of small and medium enterprises development in the European Union and East-Partnership countries. Special attention is paid to a new paradigm of financing investments and fostering innovations at all levels of legal entities including SMEs, enhancing innovative entrepreneurship in conditions of global social and technological challenges as well as determining priority sectors for small and medium enterprises as drivers of economic growth. The authors of the monograph emphasize on such European approaches to financing SMEs as (...)
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  3. The Unitarian Connection and Ricardo's Scientific Style.Sergio Volodia Marcello Cremaschi & Marcelo Dascal - 2002 - History of Political Economy 34 (2):505-508.
    We reply to Philippe Depoortère’s paper “On Ricardo’s method: The Unitarian influence examined. Some comments on Cremaschi and Dascal’s article ‘Malthus and Ricardo on Economic Methodology’”. Depoortère asks two questions: (1) was Ricardo’s ‘conversion’ to Unitarianism sincere? (2) did Ricardo follow the methodologies of Priestley and Belsham? His answers are that he was a ‘religious skeptic’ and he was not an ‘empiricist’ like Priestley and Belsham. We reply that the sincerity of Ricardo’s religious beliefs is irrelevant since we start with (...)
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  4. As mãos mortas da seleção de grupo e fenomenologia - uma revisão de Individualidade e Entrelaçamento (Individuality and Entanglement) por Herbert Gintis 357p (2017) revisão revisada 2019).Michael Richard Starks - 2019 - In Delírios Utópicos Suicidas no Século XXI Filosofia, Natureza Humana e o Colapso da Civilization- Artigos e Comentários 2006-2019 5ª edição. Las Vegas, NV USA: Reality Press. pp. 247-259.
    Desde Gintis é um economista sênior e eu li alguns de seus livros anteriores com interesse, eu estava esperando um pouco mais insights sobre o comportamento. Infelizmente, ele faz as mãos mortas de seleção de grupo e fenomenologia para as peças centrais de suas teorias de comportamento, e isso em grande parte invalida o trabalho. Pior, uma vez que ele mostra um julgamento tão ruim aqui, ele chama a questão de todo o seu trabalho anterior. A tentativa de ressuscitar a (...)
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  5. Las manos muertas de selección de grupo y fenomenología--una revisión de la ‘Individualidad y el Entrelazamiento’ (Individuality and Entanglement) por Herbert Gintis 357p (2017)(revisión revisada 2019).Michael Richard Starks - 2019 - In Delirios Utópicos Suicidas en el Siglo 21 La filosofía, la naturaleza humana y el colapso de la civilización Artículos y reseñas 2006-2019 4a Edición. Las Vegas, NV USA: Reality Press. pp. 344-356.
    Como Gintis es economista senior y he leído algunos de sus libros anteriores con interés, esperaba más información sobre el comportamiento. Tristemente, hace las manos muertas de selección de grupos y fenomenología en los centros de sus teorías de comportamiento, y esto invalida en gran medida la obra. Peor aún, ya que muestra tan mal juicio aquí, cuestiona todo su trabajo anterior. El intento de resucitar la selección grupal por sus amigos en Harvard, Nowak y Wilson, hace unos años fue (...)
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  6. Persuasion and Argument in the Malthus-Ricardo Correspondence.Sergio Volodia Marcello Cremaschi & Marcelo Dascal - 1998 - In Warren J. Samuels & Jeff E. Biddle (eds.), Research in the History of Economic Thought and Methodology. Volume 16. Stamford, Conn, USA: pp. 1-63.
    We reconstruct the text, that is, we analyse the development of the discussion between Malthus and Ricardo both in the correspondence and in published works, paying special attention to (a) the use of methodological statements, (b) some pragmatic features of the controversy, (c) considerations pertaining to the meta-level of the controversy (assessments of the status of the controversy, of ways of solving it, etc.); then, we reconstruct the co-text, that is, unpublished papers by each opponent that were not made available (...)
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  7. Userization.Andrej Poleev - 2012 - Enzymes 10.
    100 years after creating the Federal Reserve System (FED), whose legality and modus operandi remains questionable, there is time to rethink the national and also international payment system as a whole. The key element of existing economic relationships is the money that makes barter-free exchange possible. But monetary economics is only one aspect of more common political framework designed and established for retention of power. Such egoistic political interest proves its own relevancy and exerts ideological pressure on economic thought that (...)
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  8. Mill James and Ricardo.Sergio Volodia Marcello Cremaschi - 2015 - In Heinz Kurz & Neri Salvadori (eds.), The Elgar Companion to David Ricardo. Aldershot: Edward Elgar. pp. 331-334.
    A discussion of Ricardo's sustained relationship with James Mill as well as of hypotheses by such commentators as Halévy and Hutchison on a decisive philosophical influenco by Mill (eithr Scottish or Benthamite) on Ricardo's eocnomic methodology.
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  9. The Malthus-Ricardo Debate.Sergio Volodia Marcello Cremaschi - 2015 - In Heinz Kurz & Neri Salavadori (eds.), The Elgar Companion to David Ricardo. Aldershot: Edward Elgar. pp. 279-283.
    A discussion of the correspondence between Malthus and Ricardo and its bearing on their published works.
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  10. Evidence-Based Policy: A Practical Guide to Doing It Better, Nancy Cartwright and Jeremy Hardie. Oxford University Press, 2013, Ix + 196 Pages. [REVIEW]Naftali Weinberger - 2014 - Economics and Philosophy 30 (1):113-120.
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  11. Revitalizing Causality: Realism About Causality in Philosophy and Social Science. [REVIEW]C. Tyler DesRoches - 2009 - Journal of Economic Methodology 16 (4):426-431.
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  12. A More Fulfilling (and Frustrating) Take on Reflexive Predictions.Matthew Kopec - 2011 - Philosophy of Science 78 (5):1249-1259.
    Even though social scientists continue to discuss the problems posed by self-fulfilling and self-frustrating predictions, philosophers of science have ignored the topic since the 1970s. Back then, the prevailing view was that the methodological problems posed by reflexive predictions are either minor or easily avoided. I believe that this consensus was premature, ultimately relying on an overly narrow understanding of the phenomenon. I present an improved way to understand reflexive predictions (framed in probabilistic terms) and show that, once such predictions (...)
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  13. Initial Conditions as Exogenous Factors in Spatial Explanation.Clint Ballinger - 2008 - Dissertation, University of Cambridge
    This dissertation shows how initial conditions play a special role in the explanation of contingent and irregular outcomes, including, in the form of geographic context, the special case of uneven development in the social sciences. The dissertation develops a general theory of this role, recognizes its empirical limitations in the social sciences, and considers how it might be applied to the question of uneven development. The primary purpose of the dissertation is to identify and correct theoretical problems in the study (...)
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Economic Institutions
  1. Consequentialism and Its Demands: The Role of Institutions.Attila Tanyi & András Miklós - manuscript
    It isn’t saying much to claim that morality is demanding; the question, rather, is: can morality be so demanding that we have reason not to follow its dictates? According to many, it can, if that morality is a consequentialist one. This paper takes the plausibility and coherence of this objection – the Demandingness Objection – as a given. Our question, therefore, is how to respond to the Objection. We put forward a response that we think has not received sufficient attention (...)
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  2. Understanding Financial Instability: Minsky Versus the Austrians.Ludwig Van Den Hauwe - 2016 - Journal des Economistes Et des Etudes Humaines 22 (1).
    Although Minsky’s interpretation of Keynes’s macroeconomics and essential message clashes with authoritative alternative interpretations, it has become increasingly influential during the years following the Global Financial Crisis, even in mainstream circles. This paper offers a critical evaluation of Minsky’s Financial Instability Hypothesis from the perspective of the alternative Austro-Wicksellian paradigm. Although some of the similarities and/or analogies between Minsky’s approach and that of the Austrian School suggest a more than merely superficial affinity between the two theoretical frameworks and although some (...)
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  3. Against Simplicity and Cognitive Individualism: Nathaniel T. Wilcox.Nathaniel T. Wilcox - 2008 - Economics and Philosophy 24 (3):523-532.
    Neuroeconomics illustrates our deepening descent into the details of individual cognition. This descent is guided by the implicit assumption that “individual human” is the important “agent” of neoclassical economics. I argue here that this assumption is neither obviously correct, nor of primary importance to human economies. In particular I suggest that the main genius of the human species lies with its ability to distribute cognition across individuals, and to incrementally accumulate physical and social cognitive artifacts that largely obviate the innate (...)
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  4. Trust and Distrust in Institutions and Governance.Mark Alfano & Nicole Huijts - forthcoming - In Judith Simon (ed.), Handbook of Trust and Philosophy. Routledge.
    First, we explain the conception of trustworthiness that we employ. We model trustworthiness as a relation among a trustor, a trustee, and a field of trust defined and delimited by its scope. In addition, both potential trustors and potential trustees are modeled as being more or less reliable in signaling either their willingness to trust or their willingness to prove trustworthy in various fields in relation to various other agents. Second, following Alfano (forthcoming) we argue that the social scale of (...)
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  5. Comment on Ekkehart Schlicht's 'Aestheticism in the Theory of Custom'.C. Mantzavinos - 2001 - Journal des Economistes Et des Etudes Humaines 11 (4).
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  6. Learning, Institutions, and Economic Performance.C. Mantzavinos - 2004 - Perspectives on Politics 2.
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  7. Das Institutionenökonomisch-Evolutionäre Wettbewerbsleitbild.C. Mantzavinos - 2005 - Jahrbücher für Nationalökonomie Und Statistik 225.
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  8. The Role of Definitions in Institutional Analysis.C. Mantzavinos - 2006 - In Frank Daumann, C. Mantzavinos & Stefan Okruch (eds.), Wettbewerb im Gesundheitswesen. Konzeptionen und Felder ordnungsökonomischen Denkens.
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  9. The Institutional-Evolutionary Antitrust Model.C. Mantzavinos - 2006 - European Journal of Law and Economics 22.
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  10. Zur Verteidigung des Institutionenökonomisch-Evolutionären Wettberbsleitbildes.C. Mantzavinos - 2007 - ORDO 58.
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  11. The Construction of Social Reality: An Exchange.Barry Smith & John Searle - 2003 - American Journal of Economics and Sociology 62 (2):285-309.
    Part 1 of this exchange consists in a critique by Smith of Searle’s The Construction of Social Reality focusing on Searle’s use of the formula ‘X counts as Y in context C’. Smith argues that this formula works well for social objects such as dollar bills and presidents where the corresponding X terms (pieces of paper, human beings) are easy to identify. In cases such as debts and prices and money in a banks computers, however, the formula fails, because these (...)
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  12. Searle and De Soto: The New Ontology of the Social World.Barry Smith - 2008 - In Barry Smith, David Mark & Isaac Ehrlich (eds.), The Mystery of Capital and the Construction of Social Reality. Open Court. pp. 35-51.
    Consider a game of blind chess between two chess masters that is recorded in some standard chess notation. The recording is a representation of the game. But what is the game itself? This question is, we believe, central to the entire domain of social ontology. We argue that the recorded game is a special sort of quasi-abstract pattern, something that is: (i) like abstract entities such as numbers or forms, in that it is both nonphysical and nonpsychological; but at the (...)
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  13. The Division of Labour in Science: The Tradeoff Between Specialisation and Diversity.Rogier De Langhe - 2010 - Journal of Economic Methodology 17 (1):37-51.
    Economics is a typical resource for social epistemology and the division of labour is a common theme for economics. As such it should come as no surprise that the present paper turns to economics to formulate a view on the dynamics of scientific communities, with precursors such as Kitcher (1990), Goldman and Shaked (1991) and Hull (1988). But although the approach is similar to theirs, the view defended is different. Mäki (2005) points out that the lessons philosophers draw from economics (...)
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Economics Imperialism
  1. Realism, Commonsensibles, and Economics:The Case of Contemporary Revealed Preference Theory.D. Wade Hands - 2012 - In Aki Lehtinen, Jaakko Kuorikoski & Petri Ylikoski (eds.), Economics for Real: Uskali Mäki and the Place of Truth in Economics. Routledge. pp. 156-178.
    This paper challenges Mäki's argument about commonsensibles by offering a case study from contemporary microeconomics – contemporary revealed preference theory (hereafter CRPT) – where terms like "preference," "utility," and to some extent "choice," are radical departures from the common sense meanings of these terms. Although the argument challenges the claim that economics is inhabited solely by commonsensibles, it is not inconsistent with such folk notions being common in economic theory.
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  2. Is Geographical Economics Imperializing Economic Geography?Uskali Mäki & Caterina Marchionni - 2011 - Journal of Economic Geography 11 (4):645-665.
    Geographical economics (also known as the ‘new economic geography’) is an approach developed within economics dealing with space and geography, issues previously neglected by the mainstream of the discipline. Some practitioners in neighbouring fields traditionally concerned with spatial issues (descriptively) characterized it as—and (normatively) blamed it for—intellectual imperialism. We provide a nuanced analysis of the alleged imperialism of geographical economics and investigate whether the form of imperialism it allegedly instantiates is to be resisted and on what grounds. From both descriptive (...)
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  3. Huntington or Halliburton? The Real Clash of Civilizations in American Life.Christine James - 2004 - Journal for the Study of Religions and Ideologies 8 (8):42-54.
    A wide variety of sources, including the Huntington literature and popular mass media, show that Huntington’s “clash of civilizations” idea actually has very little value in understanding the current global political context. The central assumption of Huntington’s view, that cultural kinship ties influence loyalties and agreements on a global scale, has little to do with the daily lives of American citizens and little to do with the decisions made by the current presidential administration. The mass media evidence from the United (...)
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Economics and Cognitive Science
  1. Development of Small and Medium Enterprises: The EU and East-Partnership Countries Experience: Monograph.Igor Britchenko & Ye Polishchuk (eds.) - 2018 - Wydawnictwo Państwowej Wyższej Szkoły Zawodowej im. prof. Stanisława Tarnowskiego w Tarnobrzegu.
    The monograph reveals challenging issues of small and medium enterprises development in the European Union and East-Partnership countries. Special attention is paid to a new paradigm of financing investments and fostering innovations at all levels of legal entities including SMEs, enhancing innovative entrepreneurship in conditions of global social and technological challenges as well as determining priority sectors for small and medium enterprises as drivers of economic growth. The authors of the monograph emphasize on such European approaches to financing SMEs as (...)
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  2. Economic Diagnostics in Ensuring of Competitiveness the Economic Entities.Igor Britchenko, Maksym Bezpartochnyi & Peter Jarosz - 2019 - In M. Bezpartochnyi & I. Britchenko (eds.), Conceptual aspects management of competitiveness the economic entities: collective monograph. pp. 10-20.
    Modern business conditions require from economic entities to use appropriate methodological tools for assessing their activities. In economics science a fairly significant set of approaches, methods and techniques are now known that positively contribute to solving problems regarding ensure of competitiveness the economic entities. However, active influence of the internal and external environment on their activities, as well as the specificity of economic management the economic entities, requires the use of more effective methodological tools that can identify threats of the (...)
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