During the last years of his life, the mathematician Karl Menger worked on a biography of his father, the economist and founder of the Austrian School of Economics, Carl Menger. The younger Menger never finished the work. While working in the Menger collections at Duke University’s David M. Rubenstein Rare Book and Manuscript Library, we discovered draft chapters of the biography, a valuable source of information given that relatively little is known about Carl Menger’s life nearly a hundred years after (...) his death. The unfinished biography covers Carl Menger’s family background and his life through early 1889. In this article, we discuss the biography and the most valuable new insights it provides into Carl Menger’s life, including Carl Menger’s family, his childhood, his student years, his time working as a journalist and newspaper editor, his early scientific career, and his relationship with Crown Prince Rudolf. (shrink)

Minimum wages are usually assumed to be inefficient as they prevent the full exploitation of mutual gains from trade. Yet advocates of wage regulation policies have repeatedly claimed that this loss in market efficiency can be justified by the pursuit of ethical goals. Policy makers, it is argued, should not focus on efficiency alone. Rather, they should try to find an adequate balance between efficiency and equity targets. This idea is based on a two-worlds-paradigm that sees ethics and economics as (...) two inherently conflicting ways of thinking. We, however, believe that this view of the relationship between ethics and economics is fundamentally flawed and blurs our understanding of how an ethically responsible regulation of the labour market should be conducted. In drawing on an economic-ethical approach that resolves the antinomy between efficiency and equity, we show that ethics and economics are, in fact, two sides of the same coin and that minimum wage legislation can only be ethically responsible, if it is at the same time economically efficient. In other words, we can have our cake and eat it too. On the basis of our approach, we develop two simple game theoretical models for different types of labour markets and derive policy implications from an economic-ethical viewpoint. We suggest that under the assumption of perfectly competitive labour markets a tax-funded wage subsidy is preferable over minimum wages, as it makes everyone better off. If, however, employers have monopsony power in the wage setting process, the minimum wage is justifiable under certain conditions. (shrink)

How does microbiota research impact our understanding of biological individuality? We summarize the interdisciplinary summer school on "Microbiota, Symbiosis and Individuality: Conceptual and Philosophical Issues" (July 2019), which was supported by a European Research Council starting grant project "Immunity, DEvelopment, and the Microbiota" (IDEM). The summer school centered around interdisciplinary group work on four facets of microbiota research: holobionts, individuality, causation, and human health. The conceptual discussion of cutting-edge empirical research provided new insights into microbiota and highlights the value of (...) incorporating into meetings experts from other disciplines, such as philosophy and history of science. (shrink)

Although their contributions to the history of economic thought and their scholarly reputations are firmly established, relatively little is known about the relationship between Carl Menger, founder of the Austrian School of economics, and his son, Karl Menger, the mathematician, geometer, logician, and philosopher of science, whose famous Mathematical Colloquium at the University of Vienna was central to the early literature on the existence of general equilibrium and the concomitant development of mathematical economics. The present paper begins to fill this (...) gap. Karl Menger’s diaries, held in the David M. Rubenstein Rare Book and Manuscript Library at Duke University, offer insight into the intimate relationships within the Menger clan, Karl’s work and study habits, and the development of his uncommonly broad intellect, as well as on life in a vanquished city, Vienna, in the immediate wake of the humiliating defeat of the First World War and the disintegration of the Habsburg Empire. (shrink)

According to an editor of The Economist, the world produced, in the years since World War II, seven times more goods than throughout all history. This is well appreciated by lay people, but has hardly affected social scientists. They do not have the conceptual apparatus for understanding accelerated material-technical change and its meaning for people's personal lives, for their ways of relating to them-selves and to the outside world. Of course, a great deal of speculation about emerging life forms in (...) industrialised societies exists and social scientists with a futuristic bend have projected their diverse visions upon public debates, ranging from thc Efficient Hedonism of "post-industrialist' society a la Daniel Bell to the “Responsible Convivialism” of 'post-materialist" critics such as Fritz Schumacher. Competing images of the coming "services society" or "self-service society" share a central concern: the ongoing relation between tile spheres of large organisations and personal lifestyles, between salaried work arid private consumption. They also share a eel-tau' implausibility: few people recognize themselves in either projection. And they sham ubiquitous reference to "technology", without accounting for it in real terms. A good diagnostic of what is actually happening seems to me to be Jonathan Gershuny, who sees a drift toward a particular type of self-service economy: a quite radical shift in the mode of provision of social services, as he calls it, based on new kinds of consumer technologies. Industrialization used to be partial, but is becoming total fast. This process obviously has many facets, the one I am interested in here is the intrusion of modern technology into spheres of life which in the past have been relatively little dependent on it. (shrink)

This paper on feminism was given at a public lecture in Spain. The author speaks from the perspective of contemporary Catholicism, represented in the magisterial teachings of St John Paul II, foreshadowed in the works of St. Edith Stein, and amplified and developed by contemporary Catholic scholars such as Prudence Allen, Michelle Schumacher, Leonie Caldecott and Cardinals Angelo Scola, Walter Kasper and Karl Lehmann.

Bilang pagpapahalaga sa GOMBURZA, sa okasyon ng ika-150 anibersaryo ng kanilang kamatayan, ang pag-aaral na ito ay nagsagawa ng isang preliminaryong pagbaybay sa samu't saring pagpapakahulugan at pagbibigay-saysay na ikinakabit sa 1872 sa historiograpiyang Pilipino. Sa partikular, siniyasat ng sanaysay ang kapookan ng 1872 sa balangkas historiograpikal ng ilang prominenteng historyador tulad nina Teodoro Agoncillo, Zeus Salazar, Renato Constantino, Reynaldo Ileto, John Schumacher, Horacio de la Costa, at iba pa. Liban dito, tiningnan din ang pagpapakahulugan sa 1872 ng iba (...) pang teksbuk at akdang pangkasaysayan, bilang tagapagtawid ng mga diskurso ukol sa 1872 mula sa mga prominenteng historyador tungo sa mas malawak na bilang ng mga mambabasa. Sa huli, nahinuha mula sa mga talakayan na ang samu't saring pagpapakahulugan at pagbibigay-saysay sa 1872 bilang teksto ay nahuhulma ng mga balangkas at pananaw historiograpikal na kinapapalooban ng bawat historyador bilang mambabasa ng teksto. (shrink)