Racial protests, activism, and recent unrest in the US and elsewhere have now laid bare centuries of unacknowledged racism and harm and some economists have consequently begun to evaluate our role in these historic events. In their latest paper, NOUS members Sandra Peart and David M. Levy provide an overview Weiterlesen…
The opposing views in the scholarly debate on evidence-based policy (EBP) have recently been labeled ‘rationalist’ and ‘constructivist’, where the former are positive to EBP and the latter are not. This framing of the debate is suboptimal, as it conflates critical positions that should be kept separate. This article suggests Weiterlesen…
Germany’s approach to solving the Eurozone crisis is supposedly based on the ideas of Walter Eucken (1891-1950), the founder of ordoliberalism. In this and other contexts, Eucken’s work has been described as being in direct opposition to that of John Maynard Keynes. Our paper aims to clarify and differentiate the Weiterlesen…
Friedrich Hayek devoted the later part of his career to investigating the legal rules required for the existence of a free society. The subject of Daniel Nientiedt’s paper is Hayek’s treatment of legal positivism, which he thought was the most important intellectual movement responsible for the decline of liberal institutions Weiterlesen…
Ecological sustainability issues, including the desire to ameliorate climate change impacts upon economic, social and political systems, figure prominently in twenty-first-century public discourses. Despite growing community agreement over the need to avert the worst effects of climate change, a perceived lack of political progress in advancing multilateral climate-change policy is Weiterlesen…
This piece is part of the special issue of the Journal of Contextual Economics: Schmoller’s Jahrbuch. Liberalism is losing ground, while populist or even authoritarian nationalist regimes are on the rise. This article argues that the causes of the decline are, at least partly, endogenous, that a narrow focus on Weiterlesen…
This piece is part of the special issue of the Journal of Contextual Economics: Schmoller’s Jahrbuch. This paper argues that one of the weaknesses of the neoliberals of the 1940s was their failure to develop a positive program of individual emancipation. It is demonstrated that in conversation with the critics Weiterlesen…
The latest special issue of the Journal of Contextual Economics: Schmoller’s Jahrbuch on the topic „Liberalism in the 21st century: Lessons from the Colloque Walter Lippmann“ features a variety of intriguing contributions from many NOUS members. The full papers is freely accessible here. All papers will also be uploaded on Weiterlesen…