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theory in action
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Journal Article
History of Political Economy (2022) 54 (3): 529–546.
Published: 01 June 2022
... Copyright 2022 by Duke University Press 2022 poverty theory in action travel writing India Romesh Chunder Dutt Traveling opens up our mind, broadens our ideas, enlarges our sympathies, and makes us better fitted to receive new impressions and new incentives to work. —Romesh Chunder Dutt...
Journal Article
History of Political Economy (2009) 41 (1): 143–162.
Published: 01 March 2009
... and sentiment.” According to a nineteenth-century tradition, belief is the base of human action; Edgeworth concludes therefore that probability is not useful for the theory of decision. We propose to classify Edgeworth's theory of probability as precursor of modern eclectic or pluralistic tradition...
Journal Article
History of Political Economy (2013) 45 (1): 99–121.
Published: 01 March 2013
...Giuseppe Eusepi; Richard E. Wagner While Antonio de Viti de Marco was a significant figure within the Italian school of public finance that flourished between 1880 and 1940, his theoretical framework also has relevance today. Contemporary theory largely adopts a sequential framework where states...
Journal Article
History of Political Economy (2008) 40 (4): 569–593.
Published: 01 November 2008
...Maria Cristina Marcuzzo; Nerio Naldi; Eleonora Sanfilippo; Annalisa Rosselli Cambridge as a geographical reference often crops up in the characterisation of the economic theories and approaches that developed in Cambridge (UK) between the 1920s and the 1960s with the contribution of economists who...
Journal Article
History of Political Economy (2023) 55 (3): 577–608.
Published: 01 June 2023
...Laetitia Lenel Abstract This article explores the history of scenario drafting at the International Monetary Fund (IMF) in the 1970s and 1980s. Introduced in the late 1970s, scenarios were used to compare, assess, and illustrate the assumed effects of different policy actions or inactions...
FIGURES
Journal Article
History of Political Economy (2010) 42 (Suppl_1): 165–195.
Published: 01 December 2010
.... Practitioners with an allegiance to economic theory took exception to Herskovits's insistence that culture be accepted as a primary determinant of human behavior; those with a commitment to anthropology proved equally resistant to his premise that all economic action be understood as “economizing...
Journal Article
History of Political Economy (1990) 22 (S1): 263–288.
Published: 01 December 1990
... passages in his methodological writings,27 can· be seen to represent one of the most sustained realizations of the Austrian Aristotelian idea in the literature of economic theory. Action, we are told by Mises, involves apprehension of causal rela- tions and of regularities in the phenomena. It presupposes...
Journal Article
History of Political Economy (1990) 22 (1): 19–47.
Published: 01 March 1990
... of individuals making purposeful choices. To
emphasize the importance of willful human action in his thinking, Com-
mons often spoke of his “volitional” theory of economics.
A recurring theme in the writings of institutional economists was that
the individual was shaped by the group...
Journal Article
History of Political Economy (1984) 16 (3): 363–379.
Published: 01 September 1984
..., the complexity of social phenomena rules out the testing of
praxeological theory. “The experience with which the sciences of human
action have to deal is always an experience of complex phenomena. No
laboratory experiments can be performed with regard to human action. We
are never in a position...
Journal Article
History of Political Economy (2003) 35 (1): 135–162.
Published: 01 March 2003
... helped him to delineate his theory of
the evolution of social systems founded on the abstract system of rules of
conduct, particularly when he faced two problems: (1) How does an indi-
vidual classify other people’s actions in order to choose his own action?
and (2) How does the coordination...
Journal Article
History of Political Economy (1998) 30 (2): 171–187.
Published: 01 June 1998
... of Pareto’s later work dispensed with economists’ framework of
subjectivity. This article corrects for Robbins’s error; Pareto never
abandoned the subjective point of view while investigating economic
“action .”
We present a comprehensive account of Pareto’s theories of choice.
We introduce...
Journal Article
History of Political Economy (1996) 28 (2): 219–244.
Published: 01 June 1996
... . A Reply to My Critics. In Habermas: Critical Debates . Edited by John B. Thompson and David Held. Cambridge: MIT Press. Habermas , Jürgen. 1984 . The Theory of Communicative Action: Reason and the Rationalization of Society . Vol. 1 . Boston: Beacon. Habermas , Jürgen. 1987...
Journal Article
History of Political Economy (2023) 55 (3): 523–547.
Published: 01 June 2023
... this restatement, the Kirznerian theory remained based on the idea that the entrepreneur's action allows pure profits and coordinates the market, and that this can be expressed through narratives. However, anchored in the speculation of the entrepreneur who hopes to materialize a scenario imagined by him...
FIGURES
Journal Article
History of Political Economy (1983) 15 (1): 92–105.
Published: 01 March 1983
... as an answer to Mises. In presenting Mises’ theory,
reference will be made to both Socialism (1936) and Human action (1963,
first published in 1949). The essence of Mises’ argument is contained in
the former, but the argument is presented more completely and clearly in
the latter. Because Human action...
Journal Article
History of Political Economy (1975) 7 (3): 279–292.
Published: 01 September 1975
...
by and understood and controlled through culture categories.”2s The
utility theory can thus be retained only for rational action, not for action
that answers to emulative and emotional desires. Holding on to “ra-
tionality” is still the practice of orthodox economists today.27Finally...
Journal Article
History of Political Economy (1981) 13 (1): 80–94.
Published: 01 March 1981
... that bourgeois theorists mis-
construed the object of investigation, they nevertheless differ on the
social objects they choose to explore. Romantic theory and later her-
meneutic theory generally take the focus of social theory to be human
(specifically individual) action. The Romantic verstehen...
Journal Article
History of Political Economy (1990) 22 (2): 295–319.
Published: 01 June 1990
... been able to explicate the relationship between thought and action
more successfully. As it was, his theories embody dichotomies-be-
tween knowledge and time, the observer and the actor-which could
not be successfully integrated. In defense of Mises, it must be recog-
82. Ibid., 40...
Journal Article
History of Political Economy (1997) 29 (2): 327–359.
Published: 01 June 1997
... knowledge
and actions are similar to the biological process discussed in The Sensory
Order. This similarity permits many of the conclusions of Hayek’s theory
of mind to be carried over to a discussion of economic expectations.
In the human species, according to Hayek (1988), biological evolution...
Journal Article
History of Political Economy (1986) 18 (4): 661–668.
Published: 01 November 1986
... Beyond positivism: economic methodology in the twentieth century. Journal of Economic Issues 19 . 1 : 175 -85. Mises von , L. 1949 . Human action: a treatise on economics , 3d revised ed. Chicago. Mises von , L. 1960 . Epistemological problems of economics . Princeton, N.J...
Journal Article
History of Political Economy (1990) 22 (S1): 289–310.
Published: 01 December 1990
... accepted medium of exchange does not emerge as a result of an act of legislation or the like, but as an invisible-hand consequence of indi- viduals' self-interested actions. As Menger says, "The theory of money necessarily presupposes a theory of the saleableness ofgoods" (1892, 243). According...
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