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Journal articles on the topic 'Economics Natural law'

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1

Yu, Yi-Jang. "Microeconomic Natural Law, Portfolio Principle and Economics Textbooks." Modern Economy 07, no. 05 (2016): 575–85. http://dx.doi.org/10.4236/me.2016.75063.

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O'Brien, D. P. "Hayek and the Natural Law." History of Political Economy 41, no. 2 (2009): 414–17. http://dx.doi.org/10.1215/00182702-2009-012.

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3

Chan, N. Patrick. "An Approach to Scientific Economics." Journal of Interdisciplinary Economics 6, no. 1 (1995): 81–99. http://dx.doi.org/10.1177/02601079x9500600104.

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An interdisciplinary approach is proposed to improve scientific reliability. Economics encompasses all fields, and is governed by both natural law and human law. Universally valid relationships can be derived from the human law (e.g. on banking) to complement those of natural science. The approach is illustrated by experiments that demonstrate reliable logical relationships in human behaviour and important characteristics defining money. Science cannot predict the future, but universally valid relationships apply reliably to hypothetical circumstances. “Though we may be uncertain as to the storms that may blow, we can design to best withstand those storms we elect to define”.
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4

Riha, Tomas J. F. "The idea of natural law and the moral content of economics." International Journal of Social Economics 25, no. 10 (1998): 1520–51. http://dx.doi.org/10.1108/03068299810214070.

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5

Auerbach, Alan J. "American Economic Journal: Economic Policy." American Economic Review 99, no. 2 (2009): 679–80. http://dx.doi.org/10.1257/aer.99.2.679.

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AEJ Policy will publish papers covering a range of topics, the common theme being the role of economic policy in economic outcomes. Subject areas will include public economics; urban and regional economics; public policy aspects of health, education, welfare, and political institutions; law and economics; economic regulation; and environmental and natural resource economics.
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6

YOUNG, JEFFREY T. "LAW AND ECONOMICS IN THE PROTESTANT NATURAL LAW TRADITION: SAMUEL PUFENDORF, FRANCIS HUTCHESON, AND ADAM SMITH." Journal of the History of Economic Thought 30, no. 3 (2008): 283–96. http://dx.doi.org/10.1017/s1053837208000291.

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7

Young, Jeffrey T. "Is the entropy law relevant to the economics of natural resource scarcity?" Journal of Environmental Economics and Management 21, no. 2 (1991): 169–79. http://dx.doi.org/10.1016/0095-0696(91)90040-p.

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8

Young, Jeffrey T., and Barry Gordon. "Economic Justice in The Natural Law Tradition: Thomas Aquinas to Francis Hutcheson." Journal of the History of Economic Thought 14, no. 1 (1992): 1–17. http://dx.doi.org/10.1017/s1053837200004363.

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After three or more decades of mainly positivistic readings of the economics of Adam Smith, there was a decided movement following the bicentennial of the publication of the Wealth of Nations to broaden the agenda of Smithian studies. The publication in 1978 of the Report of 1762–63 of Smith's lectures in jurisprudence added impetus to this movement. In particular, historians of ideas began to pay increased attention to Smith's concern with justice in economic life. That attention has evoked renewed interest in certain of Smith's intellectual antecedents who may have played a part in shaping his ideas, but whose influence has remained a matter of relative neglect in modern scholarship.
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9

Levy, David M. "Margaret Schabas: The Natural Origins of Economics." Constitutional Political Economy 19, no. 4 (2008): 361–67. http://dx.doi.org/10.1007/s10602-008-9057-1.

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10

Andelson, Robert V. "24 Ryan and His Domestication of Natural Law*." American Journal of Economics and Sociology 63, no. 2 (2004): 319–35. http://dx.doi.org/10.1111/j.1536-7150.2004.00291.x.

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11

Sandilands, Roger J. "Natural Law and the Political Economy of Henry George." Journal of Economic Studies 13, no. 5 (1986): 4–15. http://dx.doi.org/10.1108/eb002635.

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12

Champlin, Dell. "Culture, Natural Law, and the Restoration of Community." Journal of Economic Issues 31, no. 2 (1997): 575–84. http://dx.doi.org/10.1080/00213624.1997.11505949.

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13

Schwarze, Reimund. "Insurance Law and Economics Research for Natural Hazard Management in a Changing Climate." Geneva Papers on Risk and Insurance - Issues and Practice 37, no. 2 (2012): 201–5. http://dx.doi.org/10.1057/gpp.2012.17.

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14

Sandonà, Luca. "Once upon a time: the neo-Thomist natural law approach to social economics." International Journal of Social Economics 40, no. 9 (2013): 797–808. http://dx.doi.org/10.1108/ijse-08-2012-0161.

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15

Townsend, Kenneth N. "Is the entropy law relevant to the economics of natural resource scarcity? Comment." Journal of Environmental Economics and Management 23, no. 1 (1992): 96–100. http://dx.doi.org/10.1016/0095-0696(92)90044-w.

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16

Polasky, Stephen, and Gretchen Daily. "An Introduction to the Economics of Natural Capital." Review of Environmental Economics and Policy 15, no. 1 (2021): 87–94. http://dx.doi.org/10.1086/713010.

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17

Mainzer, Klaus. "The Concept of Law in Natural, Technical and Social Systems." European Review 22, S1 (2014): S2—S25. http://dx.doi.org/10.1017/s1062798713000744.

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In the classical tradition, natural laws were considered as eternal truths of the world. Galileo and Newton even proclaimed them as ‘thoughts of God’ represented by mathematical equations. In Kantian tradition, they became categories of the human mind. David Hume criticized their ontological status and demanded their reduction to habituations of sentiments and statistical correlations of observations. In mainstream twentieth-century century science, laws were often understood as convenient instruments only, or even deconstructed in Feyerabend's ‘anything goes’. However, the Newtonian paradigm of mathematical laws and models seems also to be extended to the life sciences (e.g. systems biology). Parallel to the developments in the natural sciences, a change of public meaning regarding laws in society can be observed over the last few centuries. In economics, experimental, statistical, and behavioural approaches are favoured. In any case, the ontological basis of laws, sometimes blamed as ‘Platonism’, seems to be lost. At the beginning of the twenty-first century, the question arises: Are laws still important concepts of science? What is their contemporary meaning and task in different disciplines? Are there already alternative concepts or do laws remain an essential concept of science? In the following, we consider (1) the universal concept of laws; (2) the dynamical concept of laws; (3) their applications in natural and technical systems; (4) their applications in social and economic systems; and finally (5), we emphasize the instrumental concept of laws.
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18

González-Ramírez, Jimena, Jill Caviglia-Harris, and John C. Whitehead. "Teaching Environmental and Natural Resource Economics: A Review of the Economic Education Literature." International Review of Environmental and Resource Economics 15, no. 3 (2021): 235–369. http://dx.doi.org/10.1561/101.00000143.

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19

Škare, Marinko. "HOW USEFUL IS THE GOLDEN TRIANGLE LAW IN ECONOMICS?" Technological and Economic Development of Economy 20, no. 1 (2014): 133–53. http://dx.doi.org/10.3846/20294913.2014.889772.

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We explore the long term relationship between unemployment, inflation and output in the United Kingdom during 1851–2011 in search for a possible “golden triangle” connecting “natural” unemployment, price stability and strong (fast) rates of output growth. Exploring the possibility of existence of such internal macroeconomic equilibrium is important in setting and attaining these most acclaimed macroeconomic objectives. Not only could the results be applied in setting policy objectives but also unveil if low unemployment, stable prices and fast growth are supportive objectives. Preliminary results are encouraging and open the path for further research on the subject. Not a single economic policy designed on just a vague notion on the relationship between inflation, unemployment and output should be used since it will bring disaster to the economy.
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20

Lee, Yong-Shik. "Law and Development: Lessons from South Korea." Law and Development Review 11, no. 2 (2018): 433–65. http://dx.doi.org/10.1515/ldr-2018-0026.

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Abstract South Korea has achieved unprecedented economic and social development in history. This country, which had been among the poorest in the world until the early 1960s, became one of the world’s leading economies by the mid-1990s as demonstrated by high per-capita income and world-class industries. In the early 1960s, Korea had much of the characteristics shared by many developing countries today, such as prevalent poverty, low economic productivity, low levels of technology and entrepreneurship in society, insufficient capital, poor endowment of natural resources, over-population in a relatively small territory, and internal political instability and external threats to its security. Korea has successfully overcome these obstacles and achieved economic development within a single generation. Korea’s success in economic development was also accompanied by the advancement of the rule of law and elective democracy by the 1990s. What are the causes of this unprecedented success? This article, applying a recently developed theory of law and development, explores the legal and institutional dimensions of Korea’s development and draws lessons from its successful development.
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Byrne, Patrick. "ECOLOGY, ECONOMY AND REDEMPTION AS DYNAMIC: THE CONTRIBUTIONS OF JANE JACOBS AND BERNARD LONERGAN." Worldviews: Global Religions, Culture, and Ecology 7, no. 1-2 (2003): 5–26. http://dx.doi.org/10.1163/156853503321916192.

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AbstractBernard Lonergan, S.J. and Jane Jacobs have devoted much of their intellectual careers to thinking out the dynamic natural-human environment. Lonergan and Jacobs worked in very different lines of research - systematic theology and urban economics, respectively. Despite predictable differences in their thought, there are also remarkable commonalities in their analyses. Both thinkers have argued that the same dynamic principles that govern the functioning of natural ecologies are also to be found when human social and economic systems function well, but are absent when human systems go wrong. Both have argued that the violation of principles that pertain to natural ecologies is destructive not only of the natural environment, but of communal and economic well-being as well. Jacobs came to prominence with the 1961 publication of her classic, The Death and Life of Great American Cities. She has since gone on to extend her analysis to the unique characteristics of urban economics in several books and articles. In her most recent book The Nature of Economies (2000), Jacobs draws the results of her previous work on urban economic patterns into a synthesis with recent insights into biological systems. She argues that exactly the same principles (or "processes" as she prefers to call them) that sustain vital, evolving natural ecologies also underpin robust and dynamic economies. Where Jacobs's work gives a richly detailed account of the processes shared alike by natural and human systems, Lonergan developed a parallel, integral account of natural processes, human social and economic organization, and the "economy of salvation." In his classic work, Insight, Lonergan argues that the dynamics of human innovations and self-correction correspond in striking ways to the emergence, growth, development, and decline in the natural order. Unlike natural ecologies, however, the possibilities of genuine social and economic development are distorted, Lonergan argues, by the forces of "bias." In his role of theologian, Lonergan goes on to explore how divine grace heals the distorted dynamics of natural and human ecologies.
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22

Gam, Yong Kyu, Min Jung Kang, Junho Park, and Hojong Shin. "How inheritance law affects family firm performance: Evidence from a natural experiment." Pacific-Basin Finance Journal 59 (February 2020): 101243. http://dx.doi.org/10.1016/j.pacfin.2019.101243.

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23

Goodman, Jordan, and Michael Sonenscher. "Work and Wages: Natural Law, Politics and the Eighteenth-Century French Trades." Economic History Review 43, no. 2 (1990): 313. http://dx.doi.org/10.2307/2596810.

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24

Nokkala, Ere. "From Fatherly Government to an Economic State." History of Political Economy 53, no. 3 (2021): 479–95. http://dx.doi.org/10.1215/00182702-8993344.

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This article reinterprets late Cameralists’ contribution to the reorientation of Cameral sciences in the second half of the eighteenth century. It analyses the conceptual changes to the central concept of happiness during the second half of the eighteenth century that resulted from the rethinking of the natural law foundations of the discipline. Understanding the political philosophical underpinnings of universal Cameral sciences, as they were formulated using the language of natural law, enables a new interpretation of the history of Cameralism. The shift from duties based on natural law to an emphasis on inalienable natural rights helped the late Cameralists build a political theory of an economic state, which relied on the motivating forces of legitimate self-interest and passions. The late Cameralists redescribed happiness in terms of freedom, thereby accomplishing a shift from Cameral sciences’ legitimization of fatherly rule to a political thought that had its legitimacy in the provision of freedom, security, and wealth to householders, who in their part were the main agents and movers of the economic state.
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25

Wisman, Jon D. "The Renaissance of Natural Law Cosmology: Free Markets and Fettered Minds." International Journal of Social Economics 13, no. 10 (1986): 26–37. http://dx.doi.org/10.1108/eb014028.

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26

Guan, Lu, Wei-Wei Zhang, Ferhana Ahmad, and Bushra Naqvi. "The volatility of natural resource prices and its impact on the economic growth for natural resource-dependent economies: A comparison of oil and gold dependent economies." Resources Policy 72 (August 2021): 102125. http://dx.doi.org/10.1016/j.resourpol.2021.102125.

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27

Ploeg, Frederick van der. "Natural Resources: Curse or Blessing?" Journal of Economic Literature 49, no. 2 (2011): 366–420. http://dx.doi.org/10.1257/jel.49.2.366.

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Are natural resources a “curse” or a “blessing”? The empirical evidence suggests that either outcome is possible. This paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource bonanza induces appreciation of the real exchange rate, deindustrialization, and bad growth prospects, and that these adverse effects are more severe in volatile countries with bad institutions and lack of rule of law, corruption, presidential democracies, and underdeveloped financial systems. Another hypothesis is that a resource boom reinforces rent grabbing and civil conflict especially if institutions are bad, induces corruption especially in nondemocratic countries, and keeps in place bad policies. Finally, resource rich developing economies seem unable to successfully convert their depleting exhaustible resources into other productive assets. The survey also offers some welfare-based fiscal rules for harnessing resource windfalls in developed and developing economies. (JEL O47, Q32, Q33)
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28

Fisher, Brendan, Luz A. de Wit, and Taylor H. Ricketts. "Integrating Economics into Research on Natural Capital and Human Health." Review of Environmental Economics and Policy 15, no. 1 (2021): 95–114. http://dx.doi.org/10.1086/713024.

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29

Smith, V. Kerry. "Celebrating Solow: Lessons from Natural Resource Economics for Environmental Policy." Journal of Natural Resources Policy Research 1, no. 1 (2008): 107–13. http://dx.doi.org/10.1080/19390450802538384.

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30

Stijns, Jean-Philippe C. "Natural resource abundance and economic growth revisited." Resources Policy 30, no. 2 (2005): 107–30. http://dx.doi.org/10.1016/j.resourpol.2005.05.001.

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31

Barkin, J. Samuel. "Discounting the Discount Rate: Ecocentrism and Environmental Economics." Global Environmental Politics 6, no. 4 (2006): 56–72. http://dx.doi.org/10.1162/glep.2006.6.4.56.

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As a tool for making decisions about long-term environmental policy, environmental economics does not work on its own terms. It works well as a tool for analyzing environmental policy given clear, exogenously defined costs and benefits. As such, environmental economics can work well as a tool for analyzing policy in the short term. But many of the most salient issues in international environmental politics are salient specifically because they have a fundamental long-term component. Economic tools have trouble pricing environmental goods, and the farther the cost element of cost/benefit analysis is projected into the future, particularly through the analytical tool of the discount rate, the less reliable estimates are likely to be. At a certain point, the compounding of this decreasing reliability makes the cost estimates analytically counterproductive. As such, this paper concludes that fundamental decisions about the relationship between economic activity and the natural environment in the long term need to be informed by ecocentric rather than economic thinking.
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Cordis, Adriana, and Jeffrey Milyo. "A Replication of “Weathering Corruption” ( Journal of Law and Economics, 2008)." Public Finance Review 49, no. 4 (2021): 589–626. http://dx.doi.org/10.1177/10911421211028835.

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Previous research using data on convictions for corruption-related crimes from the Public Integrity Section (PIN) of the Department of Justice points to a positive correlation between the amount of corruption in a state and the amount of federal funds provided to the state for natural disaster relief. We take a closer look at the relationship between public corruption and disaster assistance and find little support for the hypothesis that the provision of federal disaster aid increases public corruption. Our analysis suggests instead that prior evidence of such a link arises from an unexplained correlation during the 1990s between disaster aid and convictions of postal employees for crimes such as stealing mail. Convictions for postal service crimes appear to account for a large fraction of the total federal convictions reported by PIN, which could have far-reaching implications, given that the PIN data have been used so extensively in the corruption literature.
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Rothstein, Sidney A. "Macune's Monopoly: Economic Law and the Legacy of Populism." Studies in American Political Development 28, no. 1 (2014): 80–106. http://dx.doi.org/10.1017/s0898588x13000163.

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This article argues that the Populist legacy is embodied by the constrained conception of democracy underlying the American state, which restricts popular sovereignty from the economic sphere. Charles Macune led the Farmers’ Alliance according to a robust conception of democracy that insisted on subordinating economic law to popular sovereignty. Macune's distinct economic thought marked a departure from previous antimonopoly movements, but his reliance on an inductive, empirical, institutionalist economic methodology was shared by the founders of the American Economic Association. Populism did not fail because it relied on outdated economic theory; it was defeated because it represented a coherent and credible threat to the established order. A successful campaign established the hegemony of the deductive method, which posited that manmade laws must serve the natural, universally valid laws of economics and that popular sovereignty must therefore be restrained from the economic realm. Without the means to conceive an alternative relationship between the state and economy, the path of twentieth-century American political development has been limited to those possibilities available under a constrained conception of democracy. This article articulates Macune's political strategy and highlights its underlying principles in order to present a more robust conception of democracy and illustrate the mechanisms by which it was defeated.
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MCGAURAN, JOHN-PAUL, and JOHN OFFER. "Christian Political Economics, Richard Whately and Irish Poor Law Theory." Journal of Social Policy 44, no. 1 (2014): 43–61. http://dx.doi.org/10.1017/s0047279414000415.

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AbstractThe Irish poor law debate of the 1830s has largely been overlooked, but is a substantial source in understanding the impact of social theory concerning ‘virtue’ on social policy making in the early nineteenth century and on into the present time. The Chair of the Royal Commission for Inquiring into the Condition of the Poorer Classes in Ireland (1833–36) was the Church of Ireland Archbishop of Dublin, Richard Whately, a leading figure in intellectual endeavour in the first half of the nineteenth century. Although his contributions to theology, economics and education have been reassessed, his central role in poor law thought is not well understood. This article examines the key tenets of his social theory and reassesses their impact on the Irish poor law debate. Whately was an Oxford Noetic (Greek for ‘reasoners’) committed to merging the study of natural theology and political economy in order to encourage ever greater levels of virtue on individual and societal levels. He believed that individual and social lives were designed to advance through the reciprocal exchange of labour, goods and ideas in a free and open market economy. Ireland in the 1830s presented the ideal opportunity for Whately to express his theory of moral growth and social advance in terms of poor law policy, directed towards modifying circumstances to make possible the development of individual abilities while avoiding measures which would encourage vice or discourage virtue.
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35

Rehg, William. "Book Review: Natural Law, Economics, and the Common Good, edited by Samuel Gregg and Harold James." Journal of Moral Philosophy 11, no. 6 (2014): 773–76. http://dx.doi.org/10.1163/17455243-01106003.

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36

Maciejewski, Jeffrey J. "Reason as a Nexus of Natural Law and Rhetoric." Journal of Business Ethics 59, no. 3 (2005): 247–57. http://dx.doi.org/10.1007/s10551-005-3437-5.

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37

Zeng, Jing, Xiongyuan Wang, and Min Xiao. "The impact of government property right law on collateral loans: A quasi-natural experiment based on the enactment of Chinese property law." International Review of Economics & Finance 63 (September 2019): 273–83. http://dx.doi.org/10.1016/j.iref.2019.01.007.

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38

Levent, Adem. "Capitalism as an Economic System Research: Power, Technological Change, and Innovation." Journal of Humanity and Society (İnsan & Toplum Dergisi) 10, no. 2 (2020): 129–58. http://dx.doi.org/10.12658/m0424.

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Political economy, which developed as a study of wealth and ethics on the basis of the natural law philosophy and the British utilitarian philosophy which is a branch of natural law philosophy, has turned into economics with the marginalist revolution. The marginalist revolution has aimed at scientific “certainity” as in natural sciences, by excluding the concepts of class, institutions and history. This transformation gave the discipline a mature scientific theory appearance instead of a loose social theory form. This transformation is also consistent with the liberal character of the discipline. With that transformation, economics, on one hand, gained the most powerful scientific form among social sciences and on the other hand, it narrowed its borders. Institutional economics, one of the schools of heterodox economics, is seriously opposed to the transformation of the discipline. Both by choosing capitalism as an analysis object and by staying apart from or critical towards this capitalism institutional economics judges the liberal nature of formal economics. Institutional economics considers the economy as an institutionalized process. It accepts the market as given not natural. Economics also covers a wider area than the market. In this case, according to institutional economics, the definition of economics as science will expand and change. Economics will move away from the narrow patterns of scientific economics and reappear as political economy. In this study, it is claimed that conceiving institutional economics as political economy constitutes an opportunity to evaluate contemporary capitalism and to understand the basic tendencies of the this capitalism.
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Udaeta, Miguel Edgar Morales, Geraldo Francisco Burani, Jose Omar Arzabe Maure, and Cidar Ramon Oliva. "Economics of secondary energy from GTL regarding natural gas reserves of Bolivia." Energy Policy 35, no. 8 (2007): 4095–106. http://dx.doi.org/10.1016/j.enpol.2007.02.014.

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40

Glenna, Leland. "LIBERAL ECONOMICS AND THE INSTITUTIONALIZATION OF SIN: CHRISTIAN AND STOIC VESTIGES IN ECONOMIC RATIONALITY." Worldviews: Global Religions, Culture, and Ecology 6, no. 1 (2002): 31–57. http://dx.doi.org/10.1163/156853502760184586.

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AbstractThe recognition that ecological problems often extend beyond nation-state boundaries has prompted environmentalists, politicians, and academics to call for and generate problem-solving discourses meant to be global in perspective. Free-market rhetoric has emerged as one of the more prominent of the global discourses, even though the free market's commodification of human beings and nature causes many environmental problems. To discredit this economic rationality, many scholars have compared it to religion. These comparisons are intriguing, but they have lacked the critical analysis necessary to appear as anything more than name-calling. This paper clarifies the definition of religion and uses it to examine the origins of economic rationality's fundamental presupposition—that greedy self-interested competition generates more social benefits than altruistic cooperation—within eighteenth-century Natural Law vs. Ecclesiastical Law debates. Despite economic rationality's adoption of sophisticated empirical methods and mathematical rigor over the past two centuries, it is a religion because it retains vestiges of the Protestant Christian and Stoic beliefs of how social life is governed by supernatural intervention when it uncritically promotes policies based on that presupposition. Recognizing economic rationality is a religion may benefit those who are striving to develop systems of governance based on democratic principles by leading to a greater understanding of economic rationality's normative attraction.
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Nientiedt, Daniel. "Metaphysical justification for an economic constitution? Franz Böhm and the concept of natural law." Constitutional Political Economy 30, no. 1 (2019): 114–29. http://dx.doi.org/10.1007/s10602-019-09275-5.

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42

Gilmullin, A. R. "On the Connection between Legal Understanding and Politics and Economics." Lex Russica, no. 8 (August 27, 2021): 80–88. http://dx.doi.org/10.17803/1729-5920.2021.177.8.080-088.

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The paper is devoted to the fundamental issues of modern legal regulation, in particular, its grounds and limits. The author substantiates the position according to which the absence of certain essential imperatives of law that help direct and restrict the functioning of public authorities and other subjects, complicates the activities of the latter, concedes its inconsistency and spontaneity, creates conditions for the perception of law as a kind of "designer" of economic, political and other relations. According to the author, the lack of unified conceptual criteria in determining the essence of law leads to an imbalance in public relations, to their turbulence at all levels (national, international, etc.) and as a result has a detrimental effect on the life and security of a person, society and the state.The author notes that at the present stage of civilization development, it is the economy with its interests and principles that acts as the "nerve", as the main driving mechanism in recognizing the status of the subject state. From the author’s point of view, economic interests and relations today form the world agenda, set the tone for political and legal relations, and often directly correct the value bases of other social regulators.The author summarizes that in general, the current situation in the international legal space, associated with the lack of a generally recognized doctrine of legal understanding alongside the variability and inconsistency of views in the field of human rights and freedoms based on the natural law approach, allows some subjects to arbitrarily interpret and impose certain decisions and positions in the course of their political activities, based on their own resources and potential. This supports law usurpation, making it an instrument of manipulation and blackmail in the field of politics, economics, culture, ecology, etc. in order to create the most profitable conditions and obtaining the expected results.Thus, the natural law approach, on the one hand, needs to be rethought, transformed, on the other hand, it needs to be refined or analyzed in detail when building an original concept of legal understanding.
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Mukherjee, Saptarshi, Krishnamurthy Subramanian, and Prasanna Tantri. "Borrowers’ Distress and Debt Relief: Evidence from a Natural Experiment." Journal of Law and Economics 61, no. 4 (2018): 607–35. http://dx.doi.org/10.1086/701902.

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44

Chen, Zhihong, Ningzhong Li, and Jianghua Shen. "Litigation Risk and Debt Contracting: Evidence from a Natural Experiment." Journal of Law and Economics 63, no. 4 (2020): 595–630. http://dx.doi.org/10.1086/708735.

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45

Bruggeman, Véronique. "A Critical Comparison of the Main Compensation Mechanism for Victims of Natural Catastrophes in Belgium and the Netherlands. With a Law and Economics Twist." Journal for European Environmental & Planning Law 8, no. 1 (2011): 46–61. http://dx.doi.org/10.1163/187601011x559718.

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AbstractThe yearly increase in the number of natural catastrophes is tangible and most probably to persist. It is therefore necessary to build a legal framework that can respond timely and efficiently to events of this scale by formulating a structural, comprehensive and efficient compensation model. This article aims, first, at giving policymakers and legal scholars some clear starting points for setting up such a compensation model to the victims of a natural catastrophe. The article will, second, sketch the compensation systems in Belgium and the Netherlands, discussing only the main compensation regime specifically designed for victims of natural catastrophes. Third and finally, these two systems will be compared using the insights from the economic analysis of law.
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46

Daly, Herman E. "Is the entropy law relevant to the economics of natural resource scarcity?— yes, of course it is!" Journal of Environmental Economics and Management 23, no. 1 (1992): 91–95. http://dx.doi.org/10.1016/0095-0696(92)90043-v.

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47

Burger, Joanna, Michael Gochfeld, and Michael Greenberg. "Natural resource protection on buffer lands: integrating resource evaluation and economics." Environmental Monitoring and Assessment 142, no. 1-3 (2007): 1–9. http://dx.doi.org/10.1007/s10661-007-9903-z.

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48

Teytelboym, Alexander. "Natural capital market design." Oxford Review of Economic Policy 35, no. 1 (2019): 138–61. http://dx.doi.org/10.1093/oxrep/gry030.

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49

Barker, Richard. "Corporate natural capital accounting." Oxford Review of Economic Policy 35, no. 1 (2019): 68–87. http://dx.doi.org/10.1093/oxrep/gry031.

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50

Benchekroun, Hassan, Gérard Gaudet, and Ngo Van Long. "Temporary natural resource cartels." Journal of Environmental Economics and Management 52, no. 3 (2006): 663–74. http://dx.doi.org/10.1016/j.jeem.2006.06.002.

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