Table of contents
Introduction: To an Original Thinker — The Meed of Praise
John C. O'BrienPraise like gold and diamonds owes its value only to scarcity (Samuel Johnson).
How a New Research Programme was Born and Developed: A Long Journey to the Third Revolution in Social Economics
Anghel N. RuginaThe first question which can be raised is: “What is the New Research Programme?”, using Lakatos's language which is the same as “What is the New Paradigm?”, using Kuhn's…
The Instauration of the New Man of Marxism: A Critique
John C. O'BrienBeyond the purview of religious teachings, I find the Marxian conception of the New Man the most intriguing one in the whole secular world. Is it chimerical to hope for the coming…
The Rational and the Non‐Rational in Economics Le Rationnel et le Non‐Rationnel en Economie
Henri GuittonThe relation between the rational and the non‐rational appears to me to be at the centre of contemporary economic thought. In a certain way, it could be said that economic thought…
Neo‐Classical Economics: Relevance, Irrelevance and Rugina's Methodology
Clem TisdellToday much of economic theory, particularly microeconomic theory, rests on neo‐classical foundations. Through a consideration of neo‐classical concepts, one can reassess current…
Value and Value‐Judgements in Economics: Rugina's Contribution
Nicholas W. BalabkinsI first met Professor Rugina in 1974 at the annual meeting of the History of Economics Society in Cambridge, Massachusetts. On that occasion, he proposed that one session of…
Rugina's Contribution to Social Economics
Siegfried G. KarstenAnghel Rugina's major contribution to social economics is that he keeps the paradigm of a social market economy evolving by promoting thought‐provoking dialogues. In that role, he…
Social Economics: From Search for Identity to Quest for Roots; or, Social Economics: The First 100 Years (or so)
Thomas O. NitschIn her popular Development of Economic Analysis, Ingrid Rima writes early on of the “compatibility” of “emphasis on the state as an instrument to achieve socially optimal…
Nature and Scope of Rugina's Social Economics
Kishor ThanawalaAnghel Rugina has written extensively on several topics of interest to social economists. Many of his ideas seem to have been influenced by his education and experiences first in…
A Society Without Money: Reflections on Jacques Maritain
Walter W. HainesIt is appropriate in these sessions called in honour of Anghel N. Rugina to consider the nature of money, a topic that he has concerned himself with during much of his career and…
Organistic Theory in Economics: The Contribution of the Historical School
Jacob Jan KrabbeThis essay comprises a reflection on the roots of organistic systems thinking in economics, notably on the contributions made by Wilhelm Roscher and Gustav von Schmoller…
Kuhn, Lakatos, and the History of Economic Thought
Elias KhalilThis article attempts to tackle a fundamental methodological question in economics. The task is to investigate whether competing traditions in the history of economics are…
Price Theory in the Hispanic American Scholastics
Oreste PopescuThe Hispanic American Scholastics look at the price doctrine from a triple point of view: as an economic philosophy, as an instrument for regulating the market, and as an analytic…
A Pragmatic Methodology for Social Economics: A Preliminary Proposal
Lewis E. HillA widely accepted belief holds that social economics is logically inconsistent with the pragmatic philosophy. This view has been very clearly and forcibly expressed by Mark A…
Institutionalist Methodology and Social Economics
Anthony ScaperlandaIn 1978, Lewis Hill, in an instructive article in the Review of Social Economy, persuasively demonstrated that “the goals and objectives of social economies are completely…
Unproductive Labour and Unproductive Consumption: Historical Review, Contemporary Relevance
Warren S. GrammThe welfare of the society…should be measured…by its…condition…its total capital structure, including its human capital, not by its throughput of production and consumption, for…
The Subjectivist Mercantilism of Bernard Mandeville
Laurence S. MossMandeville's Fable of the Bees, ungenerously described by its author as a “rhapsody void of order and method”, actually developed several ideas about the functioning of markets…
Some Aspects of Human Capital in Talmudic Literature
Roman A. Ohrenstein, Barry GordonSince the 1960s, the concept of “human capital” has become an increasingly familiar idea for modern economists. Analysis related to this concept has had significant applications…
On Parallelism in Neo‐Classical Economic Theory
Thomas E. HollandA point of view (or standpoint) on neo‐classical economic theory may be based on the seminal works in the history of science of Thomas S. Kuhn and Jacob Bronowski. To be specific…
Demand Analysis and the Flow of Time in Consumption
Paul G. BernhardtConsumption analysis is one of the most refined branches of economic theory. Over a century of scholarly efforts in utility analysis has created an impressive body of logic that…
A Study of Ethico‐Economics in the General Equilibrium Field
Masudul AlamTo start off our ethical economic thesis in this article, a few examples will suffice to point out the important relevance of ethical considerations in economic theory. During the…
ISSN:
0306-8293Online date, start – end:
1974Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Terence Garrett