Artículos de revistas: "Political Science, General. Economics, Finance"

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Noussair, Charles, Maroš Servátka y Steven Tucker. "Laboratory experiments in economics, finance and political science". New Zealand Economic Papers 43, n.º 2 (agosto de 2009): 87–88. http://dx.doi.org/10.1080/00779950903005465.

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Saint-Paul, Gilles. "ECONOMIC SCIENCE AND POLITICAL INFLUENCE". Journal of the European Economic Association 11, n.º 5 (12 de septiembre de 2013): 1004–31. http://dx.doi.org/10.1111/jeea.12035.

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Fine, Ben y Dimitris Milonakis. "From Freakonomics to Political Economy". Historical Materialism 20, n.º 3 (2012): 81–96. http://dx.doi.org/10.1163/1569206x-12341259.

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AbstractIn this response to the symposium on our two books we try to deal as fully as possible in the brief space available with most of the major issues raised by our distinguished commentators. Although at least three of them are in agreement with the main thrust of the arguments put forward in our books, they all raise important issues relating to methodology, the history of economic thought (including omissions), and a number of more specific issues. Our answer is based on the restatement of the chief purpose of our two books, describing the intellectual history of the evolution of economic science emphasising the role of the excision of the social and the historical from economic theorising in the transition from (classical) political economy to (neoclassical) economics, only for the two to be reunited through the vulgar form of economics imperialism following the monolithic dominance of neoclassical economics at the expense of pluralism after the Second World War. The importance of political economy for the future of economic science is vigorously argued for.

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Ashman, Sam. "Economics and Political Economy Today: Introduction to the Symposium on Fine and Milonakis". Historical Materialism 20, n.º 3 (2012): 3–8. http://dx.doi.org/10.1163/1569206x-12341263.

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AbstractEconomics has long been the ‘dismal science’. The crisis in classical political economy at the end of the nineteenth century produced radically differing intellectual responses: Marx’s reconstitution of value theory on the basis of his dialectical method, the marginalists’ development of subjective value theory, and the historical school’s advocacy of inductive and historical reasoning. It is against this background that economics was established as a discrete academic discipline, consciously modelling itself on maths and physics and developing its focus on theorising exchange. This entailed extraordinary reductionism, with humans regarded as rational, self-interested actors, and class, society, history and ‘the social’ being excised from economic analysis. On the basis of this narrowing of its concerns, particularly from the 1980s onwards, economics has sought to expand its sphere of influence through a form of imperialism which seeks to apply mainstream economic approaches to other social sciences and sees economics as ‘the universal grammar of social science’. The implications of this shift are discussed in Ben Fine and Dimitris Milonakis’s two volumes, where they analyse the fate of the social, the political and the historical in economic thought, and assess the future for an inter-disciplinary critique of economic reason.

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King, J. E. "Sixteen Questions for Fine and Milonakis". Historical Materialism 20, n.º 3 (2012): 39–60. http://dx.doi.org/10.1163/1569206x-12341254.

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AbstractWhile I am in broad agreement with the main thrust of Fine’s and Milonakis’s argument, I pose sixteen questions for them. The first ten questions relate to the history of economic thought (Ricardo, Marxian economics after Marx, institutionalism in Britain); substantive issues of economic theory (their neglect of macroeconomics); methodological and philosophical matters (induction and deduction, positivism, internal and external sources of paradigm change); and the other social sciences (political science, the origins of sociology). I conclude by asking six questions about the ‘old’ and ‘new’ economics imperialism, the prospects for mainstream economics, and the precise nature of the political-economy alternative that Fine and Milonakis propose. Is it simply Marxian political economy in disguise?

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Fine, Ben y Dimitris Milonakis. "‘Useless but True’: Economic Crisis and the Peculiarities of Economic Science*". Historical Materialism 19, n.º 2 (2011): 3–31. http://dx.doi.org/10.1163/156920611x573770.

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AbstractThe recent economic crisis has brought to the fore another crisis that has been going on for many years, that of (orthodox) economic theory. The latter failed to predict and, after the event, cannot offer an explanation of why it happened. This article sketches out why this is the case and what constitutes the crisis of economics. On this basis, the case is made for the revival of an interdisciplinary political economy as the only way for offering an explanation of the workings of the (capitalist) economy in general and of economic crises in particular.

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Stojanovic, Bozo. "Economics and sociology: Between cooperation and intolerance". Ekonomski anali 52, n.º 174-175 (2007): 131–51. http://dx.doi.org/10.2298/eka0775131s.

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In social sciences two opposing tendencies act simultaneously: the growth of specialization and the need for synthesis. Similar tendencies are noticeable when economics and sociology are in question. The need for these two sciences to cooperate was noticed a long time ago. However, an increasingly intensive exchange has been achieved only recently, particularly in the explanation of individual and group behavior. The works of Mancur Olson are a good example how the results of economics can be inspiring for the research in other sciences, particularly sociology and political science. Applying the results he got by analyzing the logic of collective action, Olson managed to attain significant insight concerning the functioning of economics and society as a whole.

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Boettke, Peter J. "Property, predation and socialist reality". Journal of Institutional Economics 16, n.º 2 (9 de septiembre de 2019): 185–97. http://dx.doi.org/10.1017/s1744137419000407.

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AbstractEconomics as a social science is about exchange and the institutions within which exchange relationships are formed and transactions are executed. Yoram Barzel's contribution to economics and political economy reflect this focus on exchange and institutions. In this paper, I will sketch a theory of real-existing socialist economies from a property rights/public choice perspective. Then I present the puzzles in political economy that such a system confronted in attempting to create a prosperous, regenerating and competitive economic system. I then conclude with a short discussion of the future for a progressive research program in political economy that takes institutional change seriously.

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Ranneva, N. "Jean Tirole: The political economy of corporate finance (On the book by J. Tirole “The theory of corporate finance”)". Voprosy Ekonomiki, n.º 6 (20 de junio de 2017): 128–41. http://dx.doi.org/10.32609/0042-8736-2017-6-128-141.

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The present article undertakes a critical review of the new book of Jean Tirole, the winner of the 2014 Nobel Prize in Economics, “The theory of cor- porate finance”, which has recently been published in Russian. The book makes a real contribution to the profession by summarizing the whole field of corporate finance and bringing together a big body of research developed over the last thirty years. By simplifying modeling, using unified analytical apparatus, undertaking reinterpretation of many previously received results, and structuring the material in original way Tirole achieves a necessary unity and simplicity in exposition of extremely heterogeneous theoretical and empirical material. The book integrates the new institutional economic theory into classical corporate finance theory and by doing so contributes to making a new type of textbook, which is quite on time and is likely to become essential reading for all graduate students in corporate finance and microeconomics and for everyone interested in these disciplines.

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10

Jackson, G. "The role of finance in political economy". Socio-Economic Review 11, n.º 3 (25 de junio de 2013): 409–11. http://dx.doi.org/10.1093/ser/mwt014.

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Cunningham, Jesse y Huon Curtis. "Noise as Information: Finance Economics as Second-Order Observation". Theory, Culture & Society 37, n.º 5 (3 de mayo de 2020): 51–74. http://dx.doi.org/10.1177/0263276420915269.

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In noise we hear the possibility of a signal, indeed different signals, and in the multiplicity of signals we hear noise. With variation and selection comes dynamic evolution, a contingent state, one that could be otherwise. The term ‘polemogenous’ (from the French, polémogène) means that which generates polemics. And polemics are creative. If everyone, every system, were to reason in the same way, there would be silence. Every remark would be redundant, having no informational value. Thus noise is not bad. The essence of finance economics, like all that is social in nature, is a forming of meaning. Whatever cannot be formed meaningfully is not available to the system. This unavailability, as ‘noise’, is the dynamic difference (noise/information) that scintillates the system. Information, like morality, is polemogenous – it stirs contention. Without noise and the possibility of its conversion to information there would be no opportunities to exploit. This paper applies a systems theoretical understanding of observation to conceive of finance economics as the economy’s means of observing its noise and capitalizing on that polemic. Niklas Luhmann’s method is utilized to explicate some ideas on noise by financial economist Fischer Black, who suggests the incomprehensible is computable. This is finance. The fact that logical grounds, absolute deductions, and clear calculations are claimed to be rare in finance is no barrier to understanding it. Rather, this polyphonic and polemogenous information-selection is the ‘ground’ of finance, not as totalizing logic, but as different difference-production for the sake of deriving economic opportunity.

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Pulzer, Peter. "Votes and Resources: Political Finance in Germany". German Politics and Society 19, n.º 1 (1 de marzo de 2001): 1–36. http://dx.doi.org/10.3167/104503001782173765.

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“Votes count,” Stein Rokkan asserted many years ago, “but resourcesdecide.”1 Political finance is one of the many arenas in which Alexanderand Shiratori’s “conflict between real inequalities in economicresources and idealized equalities in political resources” is fought out.2Yet the battleground is more complex than either of these authoritiessuggests. Votes are also a resource. They legitimate, and they can alsopunish, if those who cast them think that economic resources arebeing used unreasonably. Above all, the determination of electoraloutcomes involves players others than voters and moneyedinterests. In almost all modern democracies there are referees ofvarying effectiveness. In general, the referee is “the state,” but muchdepends on the organs through which the state operates. Governmentsare not necessarily neutral agents; they and the parliamentsthat legislate on the regulation of political finance may merely reflectthe interests of dominant or established parties. Political finance can,however, also be regulated, as for instance in Germany or the UnitedStates, by judicial review. In addition the media almost everywhereplay an unpredictable role as spectator, watchdog or interested participant.

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Carnoy, Martin. "The Globalization of Innovation, Nationalist Competition, and the Internationalization of Scientific Training". Competition & Change 3, n.º 1-2 (marzo de 1998): 237–62. http://dx.doi.org/10.1177/102452949800300109.

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Richard Gordon's work helps us understand that globalization of innovation does not diminish competition among states, but it does make it more difficult for states to influence the distribution of innovation rents. Yet, that doesn't keep states from trying. Gordon argued that they could be more successful if they cooperated rather than competed. This article claims that, whether they intend to or not, states do cooperate even as they are competing to expand their individual economic space. The cooperation occurs through the pervasive movement of science and engineering students and graduates from less innovative economies to more innovative economies and back, generally financed directly or indirectly by public funds. Public money in countries competing to get innovative rents mainly finances students to get their first degrees at home. But it also helps finance many to go to innovation centers for advanced degrees. Public money in the innovation centers finances university research and, in turn, graduate students to be trained doing the research. An increasing number of such students are from the hopeful competitors among the NICs. When foreign students stay in the innovation centers, states are implicitly “cooperating” to finance continued innovation in countries that can provide the most advanced training; when these graduates return to the less advanced innovating countries, states are implicitly “cooperating” to finance those countries' attempts to gain larger shares of innovation rents. The graduates, trained by developed country universities largely at developed states' expense and sometimes trained further as employees in developed country high-tech firms, are the most important resource in efforts to begin innovation efforts in the NICs. They also form a political force for promoting national innovation cores. So interstitial competition begets cooperation and interstatial cooperation can also beget competition.

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Kelly, P. J. "Utilitarianism and Distributive Justice: The Civil Law and the Foundations of Bentham's Economic Thought". Utilitas 1, n.º 1 (mayo de 1989): 62–81. http://dx.doi.org/10.1017/s0953820800000066.

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Between 1787, and the end of his life in 1832, Bentham turned his attention to the development and application of economic ideas and principles within the general structure of his legislative project. For seventeen years this interest was manifested through a number of books and pamphlets, most of which remained in manuscript form, that develop a distinctive approach to economic questions. Although Bentham was influenced by Adam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations, he neither adopted a Smithian vocabulary for addressing questions of economic principle and policy, nor did he accept many of the distinctive features of Smith's economic theory. One consequence of this was that Bentham played almost no part in the development of the emerging science of political economy in the early nineteenth century. The standard histories of economics all emphasize how little he contributed to the mainstream of late eighteenth and early nineteenth-century debate by concentrating attention on his utilitarianism and the psychology of hedonism on which it is premised. Others have argued that the calculating nature of his theory of practical reason reduced the whole legislative project to a crude attempt to apply economics to all aspects of social and political life. Put at its simplest this argument amounts to the erroneous claim that Bentham's science of legislation is reducible to the science of political economy. A different but equally dangerous error would be to argue that because Bentham's conception of the science of legislation comprehends all the basic forms of social relationships, there can be no science of political economy as there is no autonomous sphere of activity governed by the principles of economics. This approach is no doubt attractive from an historical point of view given that the major premise of this argument is true, and that many of Bentham's ‘economic’ arguments are couched in terms of his theory of legislation. Yet it fails to account for the undoubted importance of political economy within Bentham's writings, not just on finance, economic policy, colonies and preventive police, but also in other aspects of his utilitarian public policy such as prison reform, pauper management, and even constitutional reform. All of these works reflect a conception of political economy in its broadest terms. However, this conception of political economy differs in many respects from that of Bentham's contemporaries, and for this reason Bentham's distinctive approach to problems of economics and political economy has largely been misunderstood.

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BACKHAUS, JÜRGEN G. "Comment on Richard A. Posner's organization economics". Journal of Institutional Economics 6, n.º 1 (25 de enero de 2010): 55–57. http://dx.doi.org/10.1017/s1744137409990142.

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Abstract:The intellectual roots of law and economics, institutional economics, and the possible science of organization economics are here explored for a better understanding of what Posner is pushing for. The purpose is, of course, to gain better acceptance of his proposal. As it turns out, organization economics comes close to what has come to be called ‘the science of State’, i.e. treating law, economics, sociology, and political science as approaches to one and the same subject always to be taken together.

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Konnova, Nina. "Economics of values and philosophy of economics". Grani 23, n.º 3 (2 de marzo de 2020): 27–37. http://dx.doi.org/10.15421/172022.

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The article is dedicated to the analysis of axiological ideas lying in the foundation of the modern economic science in general and theory of finances in particular. The concept of homo economicus and its origins are considered. Concept of the "homo economicus" is used in the modern philosophic and methodologic literature on methodologic questions of economical science is used in two meanings. The first considers homo economicus only as a technical construct or model created in the form of certain hypotheses and suppositions set taken in their limit form as an idealization. The second takes it as a certain anthropologic type characterized with according values and behavior. It was demonstrated that the concept of homo economicus has a long before-history consisting in gradual break-up between economical theory and ethics. The homo economicus is a person who build his behavior through calculation of his profit. The latter is a form of his self-discipline that forms a new system of norms free from moral and other similar things. The new system of norms suppose no stable tenets and axioms as it takes place in ethics but remains rational and is based on probabilities calculations. The evolution of economical science is regarded as well as its division into political philosophy and proper economic theory in the end of the XIX century, the role of the growth principle, the growth in spite of anything that stood to the first place in the time of the Great Depression and goes on occupying this place till now. It is demonstrated that the essence of money consists in being a symbol and sign of debt obligations, that the capital is representation of their accumulated form and moving power that makes market economics to move. It is shown also that namely the ideas of capital as well as labour compound axiological foundation of modern economical ideas. The homo economicus or economical man, that means individualistic and egotistic psychotype oriented onto profit and satisfaction of his desires, becomes conceptual ideal.

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Sonin, K., I. Khovanskaya y M. Yudkevich. "Budget Uncertainty and Faculty Contracts: A Dynamic Framework for Comparative Analysis". Voprosy Ekonomiki, n.º 12 (20 de diciembre de 2008): 72–83. http://dx.doi.org/10.32609/0042-8736-2008-12-72-83.

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We study hiring decisions made by competing universities in a dynamic framework, focusing on the structure of university finance. Universities with annual state-approved financing underinvest in high-quality faculty, while universities that receive a significant part of their annual income from returns on endowments hire fewer but better faculty and provide long-term contracts. If university financing is linked to the number of students, there is additional pressure to hire low-quality short-term staff. An increase in the university’s budget might force the university to switch its priorities from "research" to "teaching" in equilibrium. We employ our model to discuss the necessity for state-financed endowments, and investigate the political economics of competition between universities, path-dependence in the development of the university system, and higher-education reform in emerging market economies.

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Mohd Mahyudi, Mohd Mahyudi. "Method and Substance of Islamic Economics Revisited". journal of king Abdulaziz University Islamic Economics 31, n.º 2 (3 de julio de 2018): 33–50. http://dx.doi.org/10.4197/islec.31-2.3.

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This paper provides fresh deliberations on the method and substance of Islamic economics by relying on the structure and contents of Nienhaus (2013). Introspective arguments are furnished to soundly argue that Islamic economics is still a widely disregarded field; it is an integrated science; its normative dimension is not a deterrent element; ‘Islamic economics light’ studies are one inseparable part of the discipline; and Islamic economics is a political economy. On the aforementioned issues, we essentially make further elaborations on our Islamic economics definition, ‘Qur’ānic framework’, Islamic epistemology and Islamic criteria originating from our paper Mahyudi and Abdul Aziz (2017). The elaborations are extended to expound on their positive impact to the ‘Islamization of Knowledge’ agenda. We also utilize Bakar (2016) to reduce the observed tension between Sharīʿah scholars and Islamic economists that is triggered by issues surrounding legal form and economic reasoning of Islamic banking and finance products. Armed with the latest views over some foundational topics in the philosophy of Islamic economics science, our discussions proffer some guiding points on the proper conduct of Islamic economists in engaging with conventional economists and Islamic jurisprudence experts.

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FIELD, ALEXANDER J. "Beyond foraging: behavioral science and the future of institutional economics". Journal of Institutional Economics 3, n.º 3 (diciembre de 2007): 265–91. http://dx.doi.org/10.1017/s1744137407000720.

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Abstract:Institutions affect economic outcomes, but variation in them cannot be directly linked to environmental factors such as geography, climate, or technological availabilities. Game theoretic approaches, based as they typically are on foraging only assumptions, do not provide an adequate foundation for understanding the intervening role of politics and ideology; nor does the view that culture and institutions are entirely socially constructed. Understanding what institutions are and how they influence behavior requires an approach that is in part biological, focusing on cognitive and behavioral adaptations for social interaction favored in the past by group selection. These adaptations, along with their effects on canalizing social learning, help to explain uniformities in political and social order, and are the bedrock upon which we build cultural and institutional variability.

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OSTROM, ELINOR. "Challenges and growth: the development of the interdisciplinary field of institutional analysis". Journal of Institutional Economics 3, n.º 3 (diciembre de 2007): 239–64. http://dx.doi.org/10.1017/s1744137407000719.

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Abstract:This article briefly describes some of the intellectual challenges during the last half-century to the traditional fields of economics and political science: the public choice approach, the tragedy of the commons debate, the ‘new’ institutional economics, and behavioral game theory. Then, the components of a basic institutional analysis framework are presented that provide a general method for analyzing public economies and diverse forms of collective action. Empirical research related to metropolitan public economies, common-pool resources, and behavioral game theory is summarized that has contributed to the field of institutional analysis. The last section concludes that the macro foundations of institutional analysis appear firmer than the micro foundations related to the model of the individual to be used and discusses this puzzle.

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Haque, Ziaul. "Islamization of Economy in Pakistan (1977-88): An Essay on the Relationship between Religion and Economics". Pakistan Development Review 30, n.º 4II (1 de diciembre de 1991): 1105–18. http://dx.doi.org/10.30541/v30i4iipp.1105-1118.

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The Martial Law regime which came into power in Pakistan on July 5, 1977 after a political crisis undertook a comprehensive scheme of Islamizing the political, legal, economic and educational areas of the Pakistani society. Ordinances and Laws on Zakat (poor-due), 'Ushr (tithe), elimination of riba (interest/ usury), profit and loss scheme, mudaraba (profit-sharing), and twelve modes of Islamic finance, were promulgated with the avowed aim of transforming the Pakistani economy into an Islamic economic system. In this article we shall confine ourselves to an examination of the Islamization of the economy only; that is, the article shall focus on the relationship between religion and economics in general, and Islam and economics in particular. Since the times of Adam Smith (1720-1790), and especially after the works of Lionel Robbins (1898-1984) the modern economy is generally taken by the economists as an autonomous economic system and modern economics, an important branch of the social sciences, has gradually become independent from religion. In both capitalist and socialist versions, economics is generally defined as the "study of the social laws governing production and distribution of the material means of satisfying human needs" [Lange (1963)].

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Streimikiene, Dalia y Vitaliy Kaftan. "Green finance and the economic threats during COVID-19 pandemic". Terra Economicus 19, n.º 2 (25 de junio de 2021): 105–13. http://dx.doi.org/10.18522/2073-6606-2021-19-2-105-113.

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23

Simon, William H. "Economic Democracy and Enterprise Form in Finance". Politics & Society 47, n.º 4 (11 de noviembre de 2019): 557–71. http://dx.doi.org/10.1177/0032329219880372.

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This article considers the relative advantages of alternative enterprise forms in finance from the point of view of public accountability. The business corporation is compared to the state agency or authority, the cooperative, the state corporation, and the charitable nonprofit. These forms can be distinguished according to whether they aspire to enhance general electoral democracy or stakeholder democracy and whether their democratic controls operate directly or indirectly. The article suggests that the indirect democratic forms may be more promising than the direct ones. It also argues that the project of democratizing finance depends on the development of practices of multifactor or “dialogic” performance assessment. Such practices must be institutionalized through public or private organizations that extend across firms.

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Swami, Viren. "Evolutionary Psychology: 'New Science of the Mind' or 'Darwinian Fundamentalism'?" Historical Materialism 15, n.º 4 (2007): 105–36. http://dx.doi.org/10.1163/156920607x245850.

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AbstractAs practitioners of a putative science of the mind, evolutionary psychologists have earned a degree of cachet with their provocative and sometimes controversial pronouncements about human nature and behaviour. In this article, I briefly survey the history of an evolutionary approach to the psychological sciences before considering the core assumptions of the field that has come to be known as 'evolutionary psychology'. By examining one particular example of evolutionary psychological research – on interpersonal attraction – I find this 'new science of the mind' to be lacking. Rather, I propose that developmental systems theory, buffered by a reconsideration of the dialectical sciences, offers a more comprehensive and rigorous approach to psychology. I further propose that historical materialists and those on the Left generally should take a keen interest in these issues as they have a bearing on social and political outcomes.

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Belozyorov, S. "In the Beginning of Russian Economic Science: Ivan Yakovlevich Gorlov". Voprosy Ekonomiki, n.º 2 (20 de febrero de 2008): 150–57. http://dx.doi.org/10.32609/0042-8736-2008-2-150-157.

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The article discusses the biography and also brief results of the analysis of theoretical legacy of the well-known Russian scientist, economist, professor of the Imperial St.-Petersburg University I. Ya. Gorlov (1814-1890). Gorlov was the author of the first Russian textbook in the theory of finance. He also wrote a series of interesting papers on political economy as well as on some applied economic problems.

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Petracca, Mark P. "Political Science in China: Revisiting First Impressions". China Information 5, n.º 3 (diciembre de 1990): 39–52. http://dx.doi.org/10.1177/0920203x9000500304.

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Schug, Mark C. "Teaching Economic Reasoning to Children". Citizenship, Social and Economics Education 1, n.º 1 (marzo de 1996): 79–88. http://dx.doi.org/10.2304/csee.1996.1.1.79.

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The author discusses the differing perspectives which the social sciences offer to young people to analyse problems. Perspectives from history, political science and geography are briefly discussed. The author stresses that the child's perspective of the social world differs from the ones offered by social scientists. Following a summary of the economic thinking of children and adolescents, the author stresses that economics also presents students with an important perspective through the application of economic principles involving choice, costs, incentives, rules, trade, and future consequences. These economic principles are explained by reference to an example of why the buffalo population in the United States nearly became extinct and why it is now recovering. The author concludes with suggestions for how teachers can bring an economic perspective into the classroom. Readers are provided with three ‘economic mysteries' as examples of classroom activities.

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Boettke, Peter J. y Nicholas A. Snow. "Political economy and the science of association: A suggested reconstruction of public choice through the alliance of the Vienna, Virginia, and Bloomington schools of political economy". Review of Austrian Economics 27, n.º 1 (6 de septiembre de 2013): 97–110. http://dx.doi.org/10.1007/s11138-013-0239-3.

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PEREIRA, ADRIANO JOSÉ y HERTON CASTIGLIONI LOPES. "The market for the “old” and the “new” institutional economics". Brazilian Journal of Political Economy 38, n.º 3 (septiembre de 2018): 450–68. http://dx.doi.org/10.1590/0101-35172018-2774.

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ABSTRACT This paper conceives of the market as an institution, and contrasts two theoretical approaches: Institutionalism, with an evolutionary and analytical bias, whose theoretical basis comes from “Old/Original” Institutionalism, and New Institutional Economics, with an analytical, contractual approach, linked to mainstream economics. Both approaches have given relevant contributions, as they consider the importance of institutions for economic performance. The limits of New Institutional Economics are particularly relevant, whose analysis of the operation of markets is centered on the logic of transaction cost economics as a determinant of economic performance. Evolutionary Institutionalism, in turn, sees the market within a broader scope, in which cost economies only partially explains economic performance, but it is not necessarily seen as a determining factor.

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FREITAS, GABRIEL VILELA RESENDE. "Narrative Economics and Behavioral Economics: contributions to the behavioral insights on post-Keynesian theory". Brazilian Journal of Political Economy 41, n.º 2 (abril de 2021): 372–84. http://dx.doi.org/10.1590/0101-31572021-3191.

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ABSTRACT The objective of this review is to discuss the formation of knowledge proposed by Keynes on his Treatise on Probability, and the economic agents’ behavior in an uncertainty scenario presented on his General Theory, by the Narrative Economics’ and Behavioral Economics perspectives. The hypothesis that will be analyzed is that in a keynesian uncertainty scenario, economic agents tend to act according to their context (social, geographic, historic, cultural) spreading narratives by which they identify themselves and orient decisions that cause sensible movements on the economic aggregates. Revisiting the literature, we could conclude that by bringing together the behavioral economy and the narrative economy theory, we could, from the Keynes’ insights on his writings, perceive strong empirical evidence that can be analytically important on the assessment of the economic fluctuations.

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Clements, Jeffrey A., Randy Boyle y Jeffrey G. Proudfoot. "Exploring political skill and deception". International Journal of Sociology and Social Policy 36, n.º 3/4 (11 de abril de 2016): 138–56. http://dx.doi.org/10.1108/ijssp-09-2014-0063.

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Purpose – The purpose of this paper is to explore and develop a model which examines the effects of political skill on an individual’s intent to deceive. Design/methodology/approach – Data were obtained through a survey research design (n=273). The sample consisted of college students. A covariance-based structural equation modeling approach was used to analyze the data. Findings – Individual’s with high levels of political skill had more deception confidence and less deception guilt. Increased deception confidence was shown to be positively related to perceptions of deception success which is turn is positively associated with deception intent. The factors duping delight and deception guilt were also found to be related to deception intent. Research limitations/implications – This research furthers deception research by using a strong behavioral framework to determine the motivational influences on an individual’s politically motivated intent to deceive. In doing so, this research identifies factors which contribute to the general understanding of politically motivated deception intent. However, caution must be applied when making external generalizations outside of the sample of college students. Practical implications – There are practical applications to this research as well. In general those who are highly politically skilled seem to have a stronger intention to deceive. At best, these findings can begin to contribute to the understanding of who we can trust and who we should be wary of. At worst, these findings can help us know who we should turn to when we need to deceive and manipulate others without them catching on. Perhaps this is why we love the rock-star politicians on the side of the isle but loathe the rock-star politicians on the other side of the isle. If we are able to assess the level of political skill in our friends, co-workers, bosses, politicians, etc., we may be keener in picking up on the signals of deception. Social implications – One final area of future research which can build on the concepts presented in this study is the area of social and political power at the macro level. Though the focus of this study is the individual, it is possible that political skill and deceptive communications play an important part of power relationships in wide range of stable institutional systems. Future research should examine to what extent an individual’s political skill and deception abilities can influence society at large. Originality/value – This research extends research on political skill as it explores the effect of political skill in a new context. This research identifies an important facet of why some individuals are better able than others to successfully deceive and may help explain some of the variability in the inability to consistently detect deception efforts.

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32

Davis, John B. "Economics and economic methodology in a core-periphery economic world". Brazilian Journal of Political Economy 39, n.º 3 (septiembre de 2019): 408–26. http://dx.doi.org/10.1590/0101-35172019-3004.

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ABSTRACT This paper uses a core-periphery distinction to characterize contemporary economics, economic methodology, and also today’s world economy. First, it applies the distinction to the organization of contemporary economics through an examination of the problem of explaining economics’ relations to and boundaries with other disciplines. Second, it argues that economics’ core-periphery organization is replicated in a similar organization of the use and practice of contemporary economic methodology in economics. Third, it draws on the use of the core-periphery thinking in economics itself regarding the uneven development of the world economy to provide possible foundations for economics and economic methodology being organized in core-periphery terms. Fourth, the paper briefly discusses three potential countervailing forces operating on the development of contemporary economics that might work against its core-periphery organization.

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33

Bowman, Rhead S. "Population and Policy in Marshall's Economics". Journal of the History of Economic Thought 28, n.º 2 (junio de 2006): 199–219. http://dx.doi.org/10.1080/10427710600676504.

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The Malthusian population doctrine formed an integral part of both theory and policy in classical economics: “[T]he Malthusian theory lent support to the subsistence theory of wages and prepared the way for the Ricardian preoccupation with the land-using bias of economic progress; by explaining poverty in terms of a simple race between population and the means of subsistence, it provided the touchstone for all classical thinking about economic policy” (Blaug 1997, p. 65). Among historians of economic thought there is probably little in this statement with which to disagree. A variety of interpretations, however, have been given to the subsequent career of the population doctrine, including its place in the economics of Alfred Marshall. Economists after John Stuart Mill, Joseph Schumpeter argued, found the population doctrine to be of little theoretical use to economics: many leading economists of the neoclassical school, including Alfred Marshall, “paid their respects to it, even though they no longer based upon it any part of their analytic structures” (1954, p. 890). Mark Blaug, by contrast, suggests that the analysis of population in Marshall's Principles of Economics indicates an “orthodox classical attitude to population problems” (1997, p. 385). Yet another perspective is offered by John Whitaker who remarks that early in his career Marshall resolved to transform the “old political economy into a new science of economics, open to the progressive intellectual and social movements of the day.” His intent was to leave behind the sterile controversies and pessimistic pronouncements of the old political economy, including those associated with the population doctrine (1996, vol. 1, pp. xvii, xx).

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34

May, Tim y Beth Perry. "Contours and conflicts in scale: Science, knowledge and urban development". Local Economy: The Journal of the Local Economy Policy Unit 26, n.º 8 (29 de noviembre de 2011): 715–20. http://dx.doi.org/10.1177/0269094211422192.

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Increasing attention is being focused upon the roles of cities in knowledge-based development in the context of debates around the relationships between science, technology and innovation and economic growth. The article argues that underlying assumptions and expectations of knowledge, space and place are important in understanding the content and form of responses within different places. The example of the English Science Cities is drawn upon to highlight issues over dominant knowledge-based discourses and the potential for alternative responses to be formulated. Pressures for knowledge-based success are mediated through national contexts, informed by existing paradigms and assumptions, and their effects are varied according to governance structures. Without proper political consideration of the dynamics between knowledge, science and place, more inclusive and sustainable initiatives for knowledge-based growth will not be forthcoming.

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35

Tribe, Keith. "Britain’s political economies. Parliament and economic life, 1660–1800". European Journal of the History of Economic Thought 27, n.º 5 (2 de septiembre de 2020): 810–12. http://dx.doi.org/10.1080/09672567.2020.1816355.

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36

MASINI, FABIO. "ECONOMICS AND POLITICAL ECONOMY IN LIONEL ROBBINS'S WRITINGS". Journal of the History of Economic Thought 31, n.º 4 (diciembre de 2009): 421–36. http://dx.doi.org/10.1017/s105383720999023x.

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37

Hirschman, D. y E. P. Berman. "Do economists make policies? On the political effects of economics". Socio-Economic Review 12, n.º 4 (15 de abril de 2014): 779–811. http://dx.doi.org/10.1093/ser/mwu017.

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38

Resende, Marco Flávio da Cunha. "O circuito finance-investimento-poupança- funding em economias abertas". Revista de Economia Política 28, n.º 1 (marzo de 2008): 136–54. http://dx.doi.org/10.1590/s0101-31572008000100007.

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39

MURAMATSU, ROBERTA y FLAVIA AVILA. "The behavioral turn in development economics: a tentative account through the lens of economic methodology". Revista de Economia Política 37, n.º 2 (junio de 2017): 363–80. http://dx.doi.org/10.1590/0101-31572017v37n02a06.

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ABSTRACT This paper aims to provide an interpretation of why behavioral economics has come into the complex field of development economics that draws on insights from methodology of economics. We engage in an extensive survey of the literature that focuses on the actual practice of “behavioral development economics and behavioral economics view of poverty” that emerged in the early years of the 21st century in order to identify and discuss some directions and implications that this movement might carry for economics science and art of Economics.

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40

Centeno, Miguel Angel y Sylvia Maxfield. "The Marriage of Finance and Order: Changes in the Mexican Political Elite". Journal of Latin American Studies 24, n.º 1 (febrero de 1992): 57–85. http://dx.doi.org/10.1017/s0022216x00022951.

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Recent literature on Latin American political economy appears to echo work of the 1960s and 1970s emphasising technical expertise in government. Sikkink and Geddes, for example, suggest that the role of technical experts and professionalisation of the bureaucracy explain Brazil's relative economic successes in the 1960s.1 Conaghan, Malloy and Abugattas focus on the role of technocrats in economic policy—making in the Central Andes.2 Following seminal work by Camp and Smith, Hernández Rodríguez presents the latest data on the role of technocrats in the Mexican political elite.3 To a large extent, this recent literature on technocrats in Latin America fails to address one of the main issues debated in the earlier literature: the political consequences of increasingly technocratic government. A second problem with recent work is that, when it does address causal issues, it tends to follow the functionalist logic of earlier literature. Using data on Mexican political elites, this article develops a new typology which carefully differentiates the new technobureaucratic elite from other elite groups. The aim is to shed new light on the debate over the implications of increasing technocratisation. Secondly, this study of the rise of a new elite emphasises the role of institutional changes within the government bureaucracy in addition to the state's functional response to changes in its politico—economic environment. This article begins with a brief discussion of earlier general — and Mexico—specific — literature on technocrats.Some analysts of technocracy in the 1960s and 1970s saw technocrats as apolitical specialists whose growing role in society heralded ‘an end to ideology’ and increased efficiency in government.4

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41

Lewis, Alan y Adrian J. Scott. "A Study of Economic Socialisation: Financial Practices in the Home and the Preferred Role of Schools among Parents with Children under 16". Citizenship, Social and Economics Education 5, n.º 3 (septiembre de 2002): 138–47. http://dx.doi.org/10.2304/csee.2002.5.3.138.

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205 male and female parents with children under 16 years of age from a national UK quota sample, completed questionnaires about financial interaction with their children in the home, and the preferred role for schools in enhancing practical economic competencies. Altogether respondents were asked about 19 finance-related activities: most parents engage children in the home by providing pocket money and piggy banks to promote saving, as well as opening bank accounts for them. Financial activities were more common in professional families with older children. Large majorities felt that schools should not only be providing careers advice but also how to manage personal finances, to teach how a bank operates and the appropriate use of credit and debit cards. Parents in semi-skilled and unskilled manual occupations saw less need for schools to provide personal finance education. These results are discussed in connection with previous literature and with regard to future research and educational practice.

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42

van der Pijl, Kees. "Historicising the International: Modes of Foreign Relations and Political Economy". Historical Materialism 18, n.º 2 (20 de mayo de 2010): 3–34. http://dx.doi.org/10.1163/156920610x512426.

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This paper is based on the Isaac and Tamara Deutscher Memorial-Prize Lecture given at SOAS in London, on 27 November 2009. It claims that Marxism remains built around a critique of political economy (‘economics’) but lacks a parallel critique of international relations (IR). IR naturalises the organisation of inter-state relations along lines comparable to the naturalisation of the capitalist economy by economics. The paper argues that the disciplinary organisation of Western academia is part of the class-discipline in society at large. It was triggered by the abstraction of economics from the field of the broader social sciences. IR, in turn, was codified in the slipstream of Woodrow Wilson’s response to the Russian Revolution that followed on from the US-intervention in World-War I. The discipline was built around a founding myth of global liberalism and national self-determination. It served, among other things, to disqualify the claims of the theory of imperialism on disciplinary grounds, and its initial connections with Western hegemony, capital, and the national-security state remain in place today. Distinguishing modes of foreign relations, and specifying the occupation of space, protection, and exchange for tribal and empire/nomad foreign relations, as well as sovereign equality and global governance, on the other hand make it possible to understand the rise and continuing hegemony of the West in its own right, rather than as a superstructure of the transnationalisation of capital.

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43

Bjorklund, Eric. "Out of many, one? U.S. sub-national political-economies in the post-welfare reform era". Socio-Economic Review 17, n.º 4 (4 de mayo de 2017): 851–73. http://dx.doi.org/10.1093/ser/mwx018.

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AbstractDespite increased research on social policy variation among U.S. states, few have examined U.S. state-level political-economies in the wake of welfare reform. This is problematic given the ability of state-level political-economies to solidify patterns of stratification. I address this by analyzing four dimensions of U.S. state-level political-economies in the welfare reform era: labor policy, family/social policy, tax policy, and state imposed fiscal constraint. From this analysis I delineate five state-level political-economic types: (1) progressive; (2) contested progressive; (3) boilerplate; (4) frontier conservative; and (5) Southern conservative. Four determinants of type membership are also evaluated: Democratic Party control, unionization, racial fractionalization and income per capita. While my results demonstrate these as meaningful determinants, patterns of association vary by type, thus suggesting a revision to the assumed progressive/conservative continuum of U.S. social policy and political-economies. I conclude by elaborating how my analysis expands our understanding of U.S., and cross-national, political-economies.

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44

Buffam, Bonar. "Political appearances". International Journal of Sociology and Social Policy 39, n.º 11/12 (14 de octubre de 2019): 923–36. http://dx.doi.org/10.1108/ijssp-11-2018-0201.

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Purpose In Metro Vancouver, Vaisakhi celebrations are organized by local Sikh gurdwaras to mark the Punjabi harvest season and the anniversary of the Sikh Khalsa, which was formed in 1699. The purpose of this paper is to demonstrate how Vaisakhi celebrations have become mechanisms for state institutions to refigure and extend their racial authority over Sikh places and populations through their coordinated appearances at these public events. These appearances are analyzed to reveal how contemporary racial states are characterized by complex conditions of visibility and public identification that obscure and foreclose the racial conditions of their authority. Design/methodology/approach The data analyzed for this paper were generated through observational fieldwork at Vaisakhi celebrations and extensive archival and media research on the changing racial governance of Sikh and South Asian populations. Findings The results show that, in Metro Vancouver, racial modes of governance have created “post-racial” relations between the state’s public visages of diversity and accessibility and its expanded legal regulation of the social and political places of local Sikh populations. Originality/value The concept of political appearances is developed to explain how contemporary racial states reproduce and augment their authority through discursive practices of public engagement with minority populations as well as the specific aesthetic conditions of these engagements. The paper also offers important cautions against state practices that expand the presence of law enforcement within marginalized communities by showing how this enhanced visibility can engender forms of racialization.

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45

Hitchcock, Peter. "Accumulating Fictions". Representations 126, n.º 1 (2014): 135–60. http://dx.doi.org/10.1525/rep.2014.126.1.135.

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This essay examines both the nature of the economic crisis of 2007–2008 and the intensification of finance capital in its wake. Moving between aesthetics and economics, it considers, in particular, the emergence of the “dark pool” and its implications within a massive expansion of fictitious capital.

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46

Abell, P. "On the prospects for a unified social science: economics and sociology". Socio-Economic Review 1, n.º 1 (1 de enero de 2003): 1–26. http://dx.doi.org/10.1093/soceco/1.1.1.

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47

Candela, Rosolino A. y Ennio E. Piano. "The Art and Science of Economic Explanation: Introduction to the Special Issue in Honor of Yoram Barzel". Journal of Institutional Economics 16, n.º 2 (26 de noviembre de 2019): 119–26. http://dx.doi.org/10.1017/s1744137419000729.

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AbstractThis introduction to the special issue in honor of Professor Yoram Barzel provides an overview of his scholarship and a summary of the contributions to this special issue. Each contribution advances or elaborates upon major themes in Barzel's theoretical and applied work on property rights, transaction costs, and political economy. The contributions fall into three categories: an examination of the foundations and implications of the ‘Barzelian’ method for social scientific analysis; Barzel's economics of property rights and transaction costs to historical case studies; and advances to Barzel's theory of the state, which includes an analysis of the origins of democracy and the rule of law.

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48

BLYTH, MARK, GEOFFREY M. HODGSON, ORION LEWIS y SVEN STEINMO. "Introduction to the Special Issue on the Evolution of Institutions". Journal of Institutional Economics 7, n.º 3 (19 de mayo de 2011): 299–315. http://dx.doi.org/10.1017/s1744137411000270.

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Abstract:How can evolutionary ideas be applied to the study of social and political institutions? Charles Darwin identified the mechanisms of variation, selection and retention. He emphasized that evolutionary change depends on the uniqueness of every individual and its interactions within a population and with its environment. While introducing the contributions to this special issue, we examine some of the ontological positions underlying evolutionary theory, showing why they are appropriate for studying issues in economics, political science and sociology. We consider how these ideas might help us understand both institutional change and the formation of individual preferences.

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49

Cottrell, Allin y Robin Roslender. "ECONOMIC CLASS, SOCIAL CLASS AND POLITICAL FORCES". International Journal of Sociology and Social Policy 6, n.º 3 (marzo de 1986): 13–27. http://dx.doi.org/10.1108/eb013013.

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50

Canavan, Gerry. "Defined by a Hollow: Essays on Utopia, Science Fiction and Political Epistemology, Darko Suvin, Oxford: Peter Lang, 2010". Historical Materialism 21, n.º 1 (2013): 209–16. http://dx.doi.org/10.1163/1569206x-12341280.

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Abstract This review considers Darko Suvin’s recent career anthology Defined by a Hollow with respect to debates about the relevance of Marxism and utopian critique in the context of a global neoliberal hegemony that (twenty years after Fukuyama) still imagines itself as the ‘end of history’. Suvin’s work suggests that the relationship between Marxism and aesthetics in such times is not simply a quirk of the academy, but is in fact a politically necessary conjoining of materialist praxis and quasi-religious inspiration.

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