Editor’s Note: This is Part 1 of a two-part series on how mistaken assumptions by top U.S. policymakers have worsened the financial crisis. It has been three years since the worst financial collapse ...
The tax overhaul bill before Congress has a professed rationale that rests on economic theory. As neuroscientists who study decision making, we would like to raise a very serious objection to this ...
https://doi.org/10.13169/worlrevipoliecon.11.3.0388 • https://www.jstor.org/stable/10.13169/worlrevipoliecon.11.3.0388 Copy URL We consider economic value as a ...
What is something “worth” in the marketplace? Who gets to decide that? If you ask someone steeped in classical economic theory, they will tell you that something is worth exactly what someone else is ...
John Maynard Keynes revolutionized economic theory to show that government intervention can stabilize economies. Photo courtesy of Tim Gidal/Picture Post/Getty Images. Paul Solman: It is the ...
In this essay, my point of departure is Bernard Hodgson's analysis of neo-classical economic theory and his demonstration that neo-classical economic thought is already a branch of normative theory. I ...
Gary Dorrien, the Reinhold Niebuhr professor of social ethics at Union Theological Seminary and a professor of religion at Columbia University, is the author, most recently, of "Kantian Reason and ...