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  1. The General Theory of Second Best Is More General Than You Think.David Wiens - 2020 - Philosophers' Imprint 20 (5):1-26.
    Lipsey and Lancaster's "general theory of second best" is widely thought to have significant implications for applied theorizing about the institutions and policies that most effectively implement abstract normative principles. It is also widely thought to have little significance for theorizing about which abstract normative principles we ought to implement. Contrary to this conventional wisdom, I show how the second-best theorem can be extended to myriad domains beyond applied normative theorizing, and in particular to more abstract theorizing about the normative (...)
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  2. Robots and us: towards an economics of the ‘Good Life’.C. W. M. Naastepad & Jesse M. Mulder - 2018 - Review of Social Economy:1-33.
    (Expected) adverse effects of the ‘ICT Revolution’ on work and opportunities for individuals to use and develop their capacities give a new impetus to the debate on the societal implications of technology and raise questions regarding the ‘responsibility’ of research and innovation (RRI) and the possibility of achieving ‘inclusive and sustainable society’. However, missing in this debate is an examination of a possible conflict between the quest for ‘inclusive and sustainable society’ and conventional economic principles guiding capital allocation (including the (...)
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  3. Linguistic Structures and Economic Outcomes.Clas Weber & Astghik Mavisakalyan - 2017 - Journal of Economics Surveys 32 (3):916-939.
    Linguistic structures have recently started to attract attention from economists as determinants of economic phenomena. This paper provides the first comprehensive review of this nascent literature and its achievements so far. First, we explore the complex connections between language, culture, thought and behaviour. Then, we summarize the empirical evidence on the relationship between linguistic structures and economic and social outcomes. We follow up with a discussion of data, empirical design and identification. The paper concludes by discussing implications for future research (...)
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  4. Between Isolations and Constructions: Economic Models as Believable Worlds.Lukasz Hardt - 2016 - Poznan Studies in the Philosophy of the Sciences and the Humanities 106.
    As the title of this essay suggests, my concern is with the issue of what are economic models. However, the goal of the paper is not to offer an in-depth study on multiple approaches to modelling in economics, but rather to overcome the dichotomical divide between conceptualizing models as isolations and constructions. This is done by introducing the idea of economic models as believable worlds, precisely descriptions of mechanisms that refer to the essentials of the modelled targets. In doing so (...)
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  5. Hayek's Epistemic Theory of Industrial Fluctuations.Scott Scheall - 2015 - History of Economic Ideas (1):101-122.
    F.A. Hayek essentially quit economic theory and gave up the phenomena of industrial fluctuations as an explicit object of theoretical investigation following the publication of his last work in technical economics, 1941’s The Pure Theory of Capital. Nonetheless, several of Hayek’s more methodologically-oriented writings bear important implications for economic phenomena, especially those of industrial fluctuations. Decisions (usually, for Hayek, of a political nature) taken on the basis of a “pretence” of knowledge impede the operation of the price system’s belief-coordinating function (...)
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  6. Genuine, non-calculative trust with calculative antecedents: Reconsidering Williamson on trust.Marc A. Cohen - 2014 - Journal of Trust Research 4 (1):44-56.
    This short paper defends Oliver Williamson’s (1993) claim that talk of trust is ‘redundant at best and can be misleading’ when trust is defined as a form of calculated risk (p. 463). And this paper accepts Williamson’s claim that ‘Calculative trust is a contradiction in terms’ (p. 463). But the present paper defends a conception of genuine, non-calculative trust that is compatible with calculative considerations and calculative antecedents. This conception of trust creates space for genuine (non-calculative) trust relationships in the (...)
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  7. Teoría fenomenológica general del bienestar y la elección social.Rodrigo Lopez-Pablos - 2013 - Revista de Economía Política de Buenos Aires 12 (7):105-133.
    By introducing elements of phenomenological philosophy to the analysis of human needs in economics; from Sartrean postulates as well as the nature and essence of individual’s needs, has been revealed a theorethical framework that serves to ponder human being’s existential behavior by means of their phenomenologic social choices and welfare. Defining a planning agent under strong assumptions of rationality and projective efficacious capabilities, the Arrow’s theorem has been proved for the economic agent aware of its finitude in this world.
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  8. Why Friedman's methodology did not generate consensus among economists?David Teira - 2009 - Journal of the History of Economic Thought 31 (2):201-214.
    In this paper I study how the theoretical categories of consumption theory were used by Milton Friedman in order to classify empirical data and obtain predictions. Friedman advocated a case by case definition of these categories that traded theoretical coherence for empirical content. I contend that this methodological strategy puts a clear incentive to contest any prediction contrary to our interest: it can always be argued that these predictions rest on a wrong classification of data. My conjecture is that this (...)
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  9. Philosophy of Social Science in a nutshell: from discourse to model and experiment.Michel Dubois & Denis Phan - 2007 - In Denis Phan & Fred Amblard (eds.), Agent Based Modelling and Simulations in the Human and Social Siences. Oxford: The Bardwell Press. pp. 393-431.
    The debates on the scientificity of social sciences in general, and sociology in particular, are recurring. From the original methodenstreitat the end the 19th Century to the contemporary controversy on the legitimacy of “regional epistemologies”, a same set of interrogations reappears. Are social sciences really scientific? And if so, are they sciences like other sciences? How should we conceive “research programs” Lakatos (1978) or “research traditions” for Laudan (1977) able to produce advancement of knowledge in the field of social and (...)
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  10. T Raffaelli, La Ricchezza delle nazioni di Adam Smith. Introduzione alla lettura. [REVIEW]Sergio Volodia Marcello Cremaschi - 2002 - European Journal of the History of Economic Thought 9 (1):148-149.
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  11. Ferdinando Galiani, Della moneta.Sergio Volodia Marcello Cremaschi - 2000 - In Franco Volpi (ed.), Dizionario delle opere filosofiche. Milano, Italy: Bruno Mondadori. pp. 405.
    Galiani discusses a subject much debated in the eighteenth century, namely, the nature of the currency. He also includes considerations of economic theory and political philosophy around the main motif. He supports the following theses of monetary theory: currency has the function of a sort of register of credits that every individual can have towards the warehouses of goods of which the society is supplied, and precisely in the measure of the contribution he has given to their supply; the metallic (...)
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  12. Interpersonal Comparisons of Well-being, Jon Elster and John E. Roemer . Cambridge University Press, 1991, x + 400 pages and The Quality of Life, Martha C. Nussbaum and Amartya Sen . Oxford University Press, 1993, xi + 453 pages. [REVIEW]Adam Morton - 1996 - Economics and Philosophy 12 (1):101.
    review of two similar collections on well-being.
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  13. The Metaphysics of Scarcity.Ray Scott Percival - 1996 - The Critical Rationalist 1 (2):1 - 31.
    Natural resources are infinite. This is possible because humans can create theories whose potential goes beyond the limited imaginative capacity of the inventor. For instance, no number of people can work out all the economic potential of quantum theory. Economic Resources are created by an interaction of Karl Popper's Worlds 1, 2 and 3, the worlds of physics, psychology and the abstract products of the human mind, such as scientific theories. Knowledge such as scientific theories has unfathomable information content, is (...)
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  14. MEL Guidi, Il sovrano e l’imprenditore. Utilitarismo ed economia politica in Jeremy Bentham. [REVIEW]Sergio Volodia Marcello Cremaschi - 1992 - Rivista di Filosofia Neo-Scolastica 84 (1):192-193.
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  15. Aristotle, Menger, Mises: An essay in the metaphysics of economics.Barry Smith - 1990 - History of Political Economy, Annual Supplement 22:263-288.
    There are, familiarly, a range of distinct and competing accounts of the methodological underpinnings of Menger' s work. These include Leibnizian, Kantian, Millian, and even Popperian readings; but they include also readings of an Aristotelian sort, and I have myself made a number of contributions in clarification and defence of the latter. Not only, I have argued, does the historical situation in which Menger found himself point to the inevitability of the Aristotelian reading; this reading fits also very naturally to (...)
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  16. The logical reconstruction of pure exchange economics: Another alternative.Douglas Wade Hands - 1985 - Theory and Decision 19 (3):259-278.
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  17. La critique de l'économie politique dans les Grundrisse de Karl Marx.Philippe Mongin - 1978 - Dissertation, Ecole des Hautes Etudes En Sciences Sociales
    This doctoral thesis was prepared in 1975-77 at Ecole des Hautes Etudes en Sciences Sociales, Paris, under the supervision of Prof. Raymond ARON. It was submitted in 1977 in fulfilment of the requirements for a Ph.D. degree in Social Sciences (Doctorat de 3e cycle en sciences sociales). The oral examination (soutenance de thèse) was held in January 1978, with the examination committee consisting of Prof. Aron, Bartoli, Boudon and Brochier. This 250 page unpublished dissertation was the first study ever written (...)
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  18. Interpretation LDMU (Law Diminishing Marginal Utility) on the Philosophy Asymmetry of Economic Materialism for Community Financial Stability.Pratama Angga - manuscript
    We know that technological developments will affect economic development which will have an impact on the level of public consumption. Law Diminishing Marginal Utility cause boredom which will comprehensively reduce one's purchasing power and interest in the commodities on the market. Capitalism and its development always try to encourage people's consumption continuously to the maximum point. Hedonism and consumerism cause financial imbalances which are a real threat to our society today. Law Diminishing Marginal Utility and followed by the application of (...)
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  19. Fact-Value Confusion Driving Methodological Error in Macroeconomic Theory.Noah Garver - unknown
    This paper aims to show errors in common methodology of reasoning about macroeconomic theory. The error comes from confusion about descriptive and scientific methods of inquiry being used as a means of justifying conclusions with a normative basis. I will argue that many tools used in theorizing about the political economy that are thought of as able to express an isolated variable proving a normative point, actually contain normative assumptions which impact the soundness of the conclusion. The hidden values generally (...)
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