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  Subjects -> BUSINESS AND ECONOMICS (Total: 3248 journals)
    - ACCOUNTING (101 journals)
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    - BUSINESS AND ECONOMICS (1190 journals)
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BUSINESS AND ECONOMICS (1190 journals)                  1 2 3 4 5 6 | Last

Showing 1 - 200 of 1566 Journals sorted alphabetically
4OR: A Quarterly Journal of Operations Research     Hybrid Journal   (Followers: 10)
Abacus     Hybrid Journal   (Followers: 13)
Accounting Forum     Hybrid Journal   (Followers: 25)
Acta Amazonica     Open Access   (Followers: 5)
Acta Commercii     Open Access   (Followers: 4)
Acta Oeconomica     Full-text available via subscription   (Followers: 2)
Acta Scientiarum. Human and Social Sciences     Open Access   (Followers: 7)
Acta Universitatis Danubius. Œconomica     Open Access   (Followers: 3)
Acta Universitatis Nicolai Copernici Zarządzanie     Open Access   (Followers: 4)
AD-minister     Open Access   (Followers: 3)
Admisi dan Bisnis     Open Access  
ADR Bulletin     Open Access   (Followers: 5)
Advances in Developing Human Resources     Hybrid Journal   (Followers: 23)
Advances in Economics and Business     Open Access   (Followers: 13)
AfricaGrowth Agenda     Full-text available via subscription   (Followers: 1)
African Affairs     Hybrid Journal   (Followers: 65)
African Development Review     Hybrid Journal   (Followers: 36)
African Journal of Business and Economic Research     Full-text available via subscription   (Followers: 3)
African Journal of Business Ethics     Open Access   (Followers: 6)
African Review of Economics and Finance     Open Access   (Followers: 3)
Afro-Asian Journal of Finance and Accounting     Hybrid Journal   (Followers: 7)
Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi     Open Access   (Followers: 3)
Agronomy     Open Access   (Followers: 10)
Akademika : Journal of Southeast Asia Social Sciences and Humanities     Open Access   (Followers: 6)
Alphanumeric Journal : The Journal of Operations Research, Statistics, Econometrics and Management Information Systems     Open Access   (Followers: 5)
American Economic Journal : Applied Economics     Full-text available via subscription   (Followers: 173)
American Enterprise Institute     Free  
American Journal of Business     Hybrid Journal   (Followers: 17)
American Journal of Business and Management     Open Access   (Followers: 53)
American Journal of Business Education     Open Access   (Followers: 12)
American Journal of Economics and Business Administration     Open Access   (Followers: 26)
American Journal of Economics and Sociology     Hybrid Journal   (Followers: 30)
American Journal of Evaluation     Hybrid Journal   (Followers: 14)
American Journal of Finance and Accounting     Hybrid Journal   (Followers: 21)
American Journal of Health Economics     Full-text available via subscription   (Followers: 13)
American Journal of Industrial and Business Management     Open Access   (Followers: 23)
American Journal of Medical Quality     Hybrid Journal   (Followers: 7)
American Law and Economics Review     Hybrid Journal   (Followers: 27)
ANALES de la Universidad Central del Ecuador     Open Access   (Followers: 2)
Annales de l'Institut Henri Poincare (C) Non Linear Analysis     Full-text available via subscription   (Followers: 1)
Annals in Social Responsibility     Full-text available via subscription  
Annals of Finance     Hybrid Journal   (Followers: 29)
Annals of Operations Research     Hybrid Journal   (Followers: 10)
Annual Review of Economics     Full-text available via subscription   (Followers: 32)
Anuario Facultad de Ciencias Económicas y Empresariales     Open Access   (Followers: 2)
Applied Developmental Science     Hybrid Journal   (Followers: 3)
Applied Economics     Hybrid Journal   (Followers: 42)
Applied Economics Letters     Hybrid Journal   (Followers: 29)
Applied Economics Quarterly     Full-text available via subscription   (Followers: 9)
Applied Financial Economics     Hybrid Journal   (Followers: 24)
Applied Mathematical Finance     Hybrid Journal   (Followers: 8)
Applied Stochastic Models in Business and Industry     Hybrid Journal   (Followers: 6)
Arab Economic and Business Journal     Open Access   (Followers: 4)
Archives of Business Research     Open Access   (Followers: 6)
Arena Journal     Full-text available via subscription   (Followers: 1)
Argomenti. Rivista di economia, cultura e ricerca sociale     Open Access   (Followers: 3)
ASEAN Economic Bulletin     Full-text available via subscription   (Followers: 5)
Asia Pacific Business Review     Hybrid Journal   (Followers: 7)
Asia Pacific Journal of Human Resources     Hybrid Journal   (Followers: 323)
Asia Pacific Viewpoint     Hybrid Journal   (Followers: 1)
Asia-Pacific Journal of Business Administration     Hybrid Journal   (Followers: 5)
Asia-Pacific Journal of Operational Research     Hybrid Journal   (Followers: 3)
Asia-Pacific Management and Business Application     Open Access   (Followers: 1)
Asian Business Review     Open Access   (Followers: 3)
Asian Case Research Journal     Hybrid Journal   (Followers: 1)
Asian Development Review     Open Access   (Followers: 13)
Asian Economic Journal     Hybrid Journal   (Followers: 8)
Asian Economic Papers     Hybrid Journal   (Followers: 7)
Asian Economic Policy Review     Hybrid Journal   (Followers: 4)
Asian Journal of Accounting and Governance     Open Access   (Followers: 3)
Asian Journal of Business Ethics     Hybrid Journal   (Followers: 9)
Asian Journal of Social Sciences and Management Studies     Open Access   (Followers: 6)
Asian Journal of Sustainability and Social Responsibility     Open Access   (Followers: 1)
Asian Journal of Technology Innovation     Hybrid Journal   (Followers: 8)
Asian-pacific Economic Literature     Hybrid Journal   (Followers: 5)
AStA Wirtschafts- und Sozialstatistisches Archiv     Hybrid Journal   (Followers: 5)
ATA Journal of Legal Tax Research     Full-text available via subscription   (Followers: 4)
Atlantic Economic Journal     Hybrid Journal   (Followers: 11)
Australasian Journal of Regional Studies, The     Full-text available via subscription   (Followers: 1)
Australian Cottongrower, The     Full-text available via subscription   (Followers: 1)
Australian Economic Papers     Hybrid Journal   (Followers: 31)
Australian Economic Review     Hybrid Journal   (Followers: 4)
Australian Journal of Maritime and Ocean Affairs     Hybrid Journal   (Followers: 9)
Balkan Region Conference on Engineering and Business Education     Open Access   (Followers: 1)
Baltic Journal of Real Estate Economics and Construction Management     Open Access   (Followers: 2)
Banks in Insurance Report     Hybrid Journal   (Followers: 1)
BBR - Brazilian Business Review     Open Access   (Followers: 4)
Benchmarking : An International Journal     Hybrid Journal   (Followers: 10)
Benefit : Jurnal Manajemen dan Bisnis     Open Access   (Followers: 1)
BER : Consumer Confidence Survey     Full-text available via subscription   (Followers: 3)
BER : Economic Prospects : An Executive Summary     Full-text available via subscription  
BER : Economic Prospects : Full Survey     Full-text available via subscription   (Followers: 1)
BER : Intermediate Goods Industries Survey     Full-text available via subscription  
BER : Manufacturing Survey : Full Survey     Full-text available via subscription   (Followers: 1)
BER : Motor Trade Survey     Full-text available via subscription  
BER : Retail Sector Survey     Full-text available via subscription   (Followers: 1)
BER : Retail Survey : Full Survey     Full-text available via subscription   (Followers: 1)
BER : Survey of Business Conditions in Building and Construction : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Survey of Business Conditions in Manufacturing : An Executive Summary     Full-text available via subscription   (Followers: 2)
BER : Survey of Business Conditions in Retail : An Executive Summary     Full-text available via subscription   (Followers: 3)
BER : Trends : Full Survey     Full-text available via subscription   (Followers: 1)
BER : Wholesale Sector Survey     Full-text available via subscription  
Berkeley Business Law Journal     Free   (Followers: 9)
Bio-based and Applied Economics     Open Access   (Followers: 1)
Biodegradation     Hybrid Journal   (Followers: 1)
Biology Direct     Open Access   (Followers: 7)
BizInfo (Blace) Journal of Economics, Management and Informatics     Open Access  
Black Enterprise     Full-text available via subscription  
Board & Administrator for Administrators only     Hybrid Journal  
Boletim Técnico do Senac     Open Access  
Border Crossing : Transnational Working Papers     Open Access   (Followers: 3)
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 5)
British Journal of Industrial Relations     Hybrid Journal   (Followers: 36)
Brookings Papers on Economic Activity     Open Access   (Followers: 46)
Brookings Trade Forum     Full-text available via subscription   (Followers: 3)
BRQ Business Research Quarterly     Open Access   (Followers: 2)
Building Sustainable Legacies : The New Frontier Of Societal Value Co-Creation     Full-text available via subscription   (Followers: 1)
Bulletin of Economic Research     Hybrid Journal   (Followers: 17)
Bulletin of Geography. Socio-economic Series     Open Access   (Followers: 5)
Bulletin of Indonesian Economic Studies     Hybrid Journal   (Followers: 3)
Bulletin of the Dnipropetrovsk University. Series : Management of Innovations     Open Access   (Followers: 1)
Business & Entrepreneurship Journal     Open Access   (Followers: 19)
Business & Information Systems Engineering     Hybrid Journal   (Followers: 4)
Business & Society     Hybrid Journal   (Followers: 10)
Business : Theory and Practice / Verslas : Teorija ir Praktika     Open Access   (Followers: 1)
Business and Economic Research     Open Access   (Followers: 6)
Business and Management Horizons     Open Access   (Followers: 12)
Business and Management Research     Open Access   (Followers: 18)
Business and Management Studies     Open Access   (Followers: 11)
Business and Politics     Hybrid Journal   (Followers: 8)
Business and Professional Communication Quarterly     Hybrid Journal   (Followers: 7)
Business and Society Review     Hybrid Journal   (Followers: 5)
Business Economics     Hybrid Journal   (Followers: 9)
Business Ethics Quarterly     Full-text available via subscription   (Followers: 12)
Business Ethics: A European Review     Hybrid Journal   (Followers: 18)
Business Horizons     Hybrid Journal   (Followers: 7)
Business Information Review     Hybrid Journal   (Followers: 14)
Business Management and Strategy     Open Access   (Followers: 41)
Business Research     Hybrid Journal   (Followers: 2)
Business Strategy and the Environment     Hybrid Journal   (Followers: 13)
Business Strategy Review     Hybrid Journal   (Followers: 7)
Business Strategy Series     Hybrid Journal   (Followers: 6)
Business Systems & Economics     Open Access   (Followers: 2)
Business Systems Research Journal     Open Access   (Followers: 5)
Business, Management and Education     Open Access   (Followers: 17)
Business, Peace and Sustainable Development     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal  
Cadernos EBAPE.BR     Open Access   (Followers: 1)
Cambridge Journal of Economics     Hybrid Journal   (Followers: 61)
Cambridge Journal of Regions, Economy and Society     Hybrid Journal   (Followers: 9)
Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l Administration     Hybrid Journal   (Followers: 1)
Canadian Journal of Economics/Revue Canadienne d`Economique     Hybrid Journal   (Followers: 29)
Canadian journal of nonprofit and social economy research     Open Access   (Followers: 2)
Capitalism and Society     Hybrid Journal   (Followers: 2)
Capitalism Nature Socialism     Hybrid Journal   (Followers: 17)
Case Studies in Business and Management     Open Access   (Followers: 10)
CBU International Conference Proceedings     Open Access   (Followers: 2)
Central European Business Review     Open Access   (Followers: 1)
Central European Journal of Operations Research     Hybrid Journal   (Followers: 5)
Central European Journal of Public Policy     Open Access   (Followers: 2)
CESifo Economic Studies     Hybrid Journal   (Followers: 17)
Chain Reaction     Full-text available via subscription  
Challenge     Full-text available via subscription   (Followers: 4)
China & World Economy     Hybrid Journal   (Followers: 15)
China : An International Journal     Full-text available via subscription   (Followers: 19)
China Economic Journal: The Official Journal of the China Center for Economic Research (CCER) at Peking University     Hybrid Journal   (Followers: 13)
China Economic Review     Hybrid Journal   (Followers: 10)
China Finance Review International     Hybrid Journal   (Followers: 5)
China Nonprofit Review     Hybrid Journal   (Followers: 3)
China perspectives     Open Access   (Followers: 12)
Chinese Economy     Full-text available via subscription  
Ciência & Saúde Coletiva     Open Access   (Followers: 2)
CLIO América     Open Access   (Followers: 1)
Cliometrica     Hybrid Journal   (Followers: 4)
COEPTUM     Open Access  
Community Development Journal     Hybrid Journal   (Followers: 27)
Compensation & Benefits Review     Hybrid Journal   (Followers: 7)
Competition & Change     Hybrid Journal   (Followers: 11)
Competitive Intelligence Review     Hybrid Journal   (Followers: 2)
Competitiveness Review : An International Business Journal incorporating Journal of Global Competitiveness     Hybrid Journal   (Followers: 5)
Computational Economics     Hybrid Journal   (Followers: 9)
Computational Mathematics and Modeling     Hybrid Journal   (Followers: 8)
Computer Law & Security Review     Hybrid Journal   (Followers: 17)
Computers & Operations Research     Hybrid Journal   (Followers: 12)
Construction Innovation: Information, Process, Management     Hybrid Journal   (Followers: 14)
Contemporary Wales     Full-text available via subscription   (Followers: 1)
Contextus - Revista Contemporânea de Economia e Gestão     Open Access   (Followers: 1)
Contributions to Political Economy     Hybrid Journal   (Followers: 5)
Corporate Communications An International Journal     Hybrid Journal   (Followers: 7)
Corporate Philanthropy Report     Hybrid Journal   (Followers: 2)
Corporate Reputation Review     Hybrid Journal   (Followers: 5)
Creative and Knowledge Society     Open Access   (Followers: 8)
Creative Industries Journal     Hybrid Journal   (Followers: 8)
CRIS - Bulletin of the Centre for Research and Interdisciplinary Study     Open Access   (Followers: 1)
Crossing the Border : International Journal of Interdisciplinary Studies     Open Access   (Followers: 4)
Cuadernos de Administración (Universidad del Valle)     Open Access   (Followers: 2)
Cuadernos de Economía     Open Access   (Followers: 2)
Cuadernos de Economia - Latin American Journal of Economics     Open Access   (Followers: 2)
Cuadernos de Estudios Empresariales     Open Access   (Followers: 2)
Current Opinion in Creativity, Innovation and Entrepreneurship     Open Access   (Followers: 12)

        1 2 3 4 5 6 | Last

Journal Cover Cambridge Journal of Economics
  [SJR: 0.957]   [H-I: 59]   [61 followers]  Follow
   Hybrid Journal Hybrid journal (It can contain Open Access articles)
   ISSN (Print) 0309-166X - ISSN (Online) 1464-3545
   Published by Oxford University Press Homepage  [392 journals]
  • Marshallian Industrial Districts in Italy: the end of a model or
           adaptation to the global economy'
    • Authors: Dei Ottati G.
      Pages: 259 - 284
      Abstract: This paper discusses the Marshallian Industrial District as it was rediscovered and further developed by Italian economists before tracing the main changes in the market and institutional context in the wake of globalization. It then focuses on some of the main transformations that have taken place in the Italian districts since the 1990s. After highlighting the important role still played by the districts in the Italian economy, the paper develops a framework for the evolutionary processes of the Marshallian Industrial District that would allow reproduction of the district in a manner suited to the era of globalisation.
      PubDate: Wed, 15 Nov 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex066
      Issue No: Vol. 42, No. 2 (2017)
  • History matters: on the mystifying appeal of Bowles and Gintis
    • Authors: Finch J; McMaster R.
      Pages: 285 - 308
      Abstract: Sam Bowles and Herb Gintis have made a broad and sustained contribution to many areas of contemporary economic thought and policy discussions, centring on human interactions in economic settings. Since the mid-1980s, their work, collectively and individually, has developed from a concern with contested exchanges to analyses of behavioural repertoires pursued through evolutionary game theory in which they claim that ‘history matters’. Despite their alignment with the mainstream, they retain an appeal to some heterodox economists. We argue that this appeal is misplaced. Their theoretical work and knowledge claims rest on methodological individualism and equilibrium reasoning, which fosters an obtuse reductionism. They present a confused methodology, which seems to be motivated by a desire to remain coherent to standard economics. We show how their acceptance of methodological individualism and ergodic modelling undermines their knowledge claims as well as their declaration that history matters in their analysis.
      PubDate: Fri, 07 Jul 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex002
      Issue No: Vol. 42, No. 2 (2017)
  • Government policies and financial crises: mitigation, postponement or
    • Authors: Kapeller J; Landesmann M, Mohr F, et al.
      Pages: 309 - 330
      Abstract: In the aftermath of the Great Recession, governments have implemented several policy measures to counteract the collapse of the financial sector and the downswing of the real sector. Within a framework of Minsky–Veblen cycles, where relative consumption concerns, a debt-led growth regime and financial sector confidence constitute the main causes of economic fluctuations, we use computer simulations to assess the effectiveness of such measures. We find that the considered policy measures help mitigate the impact of financial crises, though they do so at the cost of shortening the time between financial crises. This result is due to a relatively fast recovery of solvency and confidence induced by the policy measures under study which contribute to an increase in private credit and, thereby, effective demand. Our results suggest that without the strengthening of financial regulation, any policy intervention remains incomplete.
      PubDate: Mon, 24 Apr 2017 00:00:00 GMT
      DOI: 10.1093/cje/bew073
      Issue No: Vol. 42, No. 2 (2017)
  • Wheels within wheels within wheels: the importance of capital inflows in
           the origin of the Spanish financial crisis
    • Authors: Fernández R; García C.
      Pages: 331 - 353
      Abstract: With the creation of the Euro, the Spanish economy established an exchange rate regime similar to that adopted by many emerging economies during the 1990s. At the same time, the Eurozone as a whole adopted a currency system with features similar to the US currency regime. In emerging economies, as in the US economy, the adoption of these models was accompanied by strong growth in capital inflows, as well as severe financial (mostly banking) and/or macroeconomic (mostly trade) imbalances. Several authors have linked capital inflows with imbalances as cause and effect. This work uses some of those arguments, along with statistical data on the characteristics and evolution of capital inflows registered by the Spanish economy, and by the Eurozone as a whole, in order to propose a causal link between post-Euro exchange rate regimes adopted in Spain, capital inflows, and the imbalances that preceded the financial crisis of 2008.
      PubDate: Fri, 07 Jul 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex007
      Issue No: Vol. 42, No. 2 (2017)
  • The case for reindustrialisation in developing countries: towards the
           connection between the macroeconomic regime and the industrial policy in
    • Authors: Nassif A; Bresser-Pereira L, Feijo C.
      Pages: 355 - 381
      Abstract: The majority of economic literature tends to discuss economic development issues by analysing the industrial policy and other long-term development policies separate from short-term macroeconomic policy. However, development strategies require a close coordination of the macroeconomic regime with the industrial policy. In addition to Brazil, our analytical discussion and normative implications can be addressed to other developing countries also facing premature deindustrialisation. We propose an analytical discussion of the phenomena of industrialisation, deindustrialisation and reindustrialisation, including a discussion on the connection between the macroeconomic regime and industrial policy, both oriented to reindustrialisation and catching up. The main point is that both policy regimes must be closely coordinated with each other. Concerning the macroeconomic regime, we argue that consistent monetary, fiscal, wage and exchange rate policies are those which are able to not only keep price stabilisation, but also provide average real interest rates below the average real return rates on capital, a competitive real exchange rate and real wage rates increasing in accordance with labour productivity growth. As for industrial policy, theoretical and empirical evidence suggest strategies aimed at the diversification of production, processes and products, especially within the manufacturing sector and within tradable segments of the service sector.
      PubDate: Wed, 17 May 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex028
      Issue No: Vol. 42, No. 2 (2017)
  • The aggregate production function is NOT neoclassical
    • Authors: Zambelli S.
      Pages: 383 - 426
      Abstract: Standard postulates concerning the aggregate production function are about marginal productivities and the associated demands for labour and capital. These demands are supposed to be negatively related to the factor prices, namely the wage rate and the interest rate. The theoretical cases in which these neoclassical properties fail to hold are regarded as anomalies. We compute the aggregate values for production, capital and labour and find that the neoclassical postulates do not hold for the detailed dataset that we consider. The obvious implication of this result is that the models and analysis based on the aggregate neoclassical production functions are ill founded, as they are based on something that does not exist.
      PubDate: Tue, 23 May 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex011
      Issue No: Vol. 42, No. 2 (2017)
  • Just another niche in the wall' How specialization is changing the
           face of mainstream economics
    • Authors: Cedrini M; Fontana M.
      Pages: 427 - 451
      Abstract: There is considerable discussion on so-called ‘mainstream pluralism’, that is, on the co-presence of a variety of research programmes in today’s mainstream economics that: 1. significantly deviate from the neoclassical core; 2. are pursued by different, often separate communities of researchers; and 3. have their origins outside economics. The literature tends to regard mainstream pluralism as a transitory state towards a new, post-neoclassical, mainstream. This paper advances a new interpretation: it suggests that the changing and fragmented state of mainstream economics is likely to persist over time under the impact of specialization (as a self-reinforcing mechanism) and the creation of new specialties and approaches, also through collaboration with researchers from other disciplines.
      PubDate: Mon, 10 Jul 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex003
      Issue No: Vol. 42, No. 2 (2017)
  • Synthesizing the Malthusian and Senian approaches on scarcity: a realist
    • Authors: Daoud A.
      Pages: 453 - 476
      Abstract: Food entitlement decline (FED) and food availability decline (FAD) are two approaches to explaining famines that have different policy implications. One focuses on the systemic level, whereas the other is concerned with the individual level. They therefore analyse relatively distinct causal mechanisms. Thus, an important question is whether these approaches can be reconciled. Another related question is how FAD- and FED-based explanations relate to classical Malthusian views about rapid food requirement increase (FRI). This paper analyses these questions and argues that these three approaches can indeed be reconciled within a single framework by outlining the causal sources of FAD, FED and FRI. This task requires, among other things, the separation of ontological categories and empirical measures. As a consequence of this argument, the paper suggests that there are only seven possible ontological combinations of how a famine situation can arise as a direct cause. Simultaneously, it maintains that there are virtually an infinite number of ways in which these combinations may act as indirect causes (rooted in economic, political and social conditions). The analysis is exemplified by the Bengal famine of 1943 because that famine is a well-known case. The wider research and policy applicability of this general account are discussed but have yet to be tested in relation to other scarcity cases (water, land, fish). This synthesis is made possible by the incorporation of critical realist interventions into economic theory.
      PubDate: Sat, 06 May 2017 00:00:00 GMT
      DOI: 10.1093/cje/bew071
      Issue No: Vol. 42, No. 2 (2017)
  • Beyond capital fundamentalism: Harrod, Domar and the history of
           development economics
    • Authors: Boianovsky M.
      Pages: 477 - 504
      Abstract: The origins of ‘capital fundamentalism’—the notion that physical capital accumulation is the primary determinant of economic growth—have been often ascribed to Harrod’s and Domar’s proposition that the rate of growth is the product of the saving rate and of the output-capital ratio. However, neither Harrod nor Domar fit in the ‘capital fundamentalism’ idea. Development planners in the 1950s adapted the growth formula to their own agenda. Most development economists at the time were aware that Harrod’s and Domar’s growth models addressed economic instability issues, not long-run growth. Harrod eventually applied his concept of the natural growth rate to economic development. He claimed that the growth of developing economies was determined by their ability to implement technical progress. Domar observed that the incremental capital-output ratio was more likely a passive result of the interaction between the propensity to save and technological progress, not a causal factor.
      PubDate: Fri, 09 Jun 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex030
      Issue No: Vol. 42, No. 2 (2017)
  • Adam Smith, natural movement and physics
    • Authors: Pack S; Schliesser E.
      Pages: 505 - 521
      Abstract: This paper argues that often when Adam Smith used the word ‘natural’, it was not in contradistinction to supernatural, social or artificial; but to ‘violent.’ Furthermore, Smith models, in part, his distinction between natural and violent on Aristotle’s use. Smith explains the distinction in his study of the history of physics and astronomy. In those fields there is, at least going back to Aristotle, an idealized view of ‘natural’ motion or movement versus interfered or violent motion or movement, which has changed over time, particularly from ancient to classical physics and astronomy. Smith used this sense of ‘natural’ particularly when dealing with movement in The Wealth of Nations: especially the movement of goods, capital and labour. In Smith’s system, the natural non-violent movement of humans, or actions generated by humans, will lead to so-called natural prices, natural rates of profit and natural wage rates around which market prices, profit and wage rates will ‘gravitate’.
      PubDate: Tue, 25 Jul 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex008
      Issue No: Vol. 42, No. 2 (2017)
  • What was the message of Friedman’s Presidential Address to the American
           Economic Association'
    • Authors: Forder J.
      Pages: 523 - 541
      Abstract: It is widely accepted that the importance of Friedman’s Presidential Address to the American Economic Association lies in its criticism of policy based on the Phillips curve. However, it is argued here that a reading of the text does not support such a view, and this and other considerations suggest that any such aim was far from Friedman’s mind in 1967. His objective was the quite different one of making a case for policy ‘rules’ rather than ‘discretion’.
      PubDate: Fri, 04 Aug 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex052
      Issue No: Vol. 42, No. 2 (2017)
  • Aristotle’s geometrical accounting
    • Authors: Ambrosi G.
      Pages: 543 - 576
      Abstract: Aristotle’s analysis of economic exchange in the Nicomachean Ethics involves two paradigms which he addresses separately but then he stresses that there is no difference between them: barter and monetary exchange. Each one of them is rendered here separately but in a mutually consistent way by using geometrical methods which were well established and widely used in Aristotle’s intellectual surroundings. In this framework Aristotle’s ‘monetary equivalence’ in exchange appears as an application of Euclid’s proposition Elements I, 43 about the equality of geometrical complements in a rectangle.Aristotle repeatedly refers to ‘own production’ when mentioning exchange between two artisans, say, ‘builder’ and ‘farmer’. The accounting worth of the quantity of ‘own production’ in terms of money is then Aristotle’s ‘worth’ of an artisan. This interpretation helps to make sense of Aristotle’s statements of the type: ‘as builder to farmer, so food to houses’. We show that this statement is logical and plausible provided that the goods in question are measured as proportions of sales out of own production. This result solves one of the major riddles of Aristotle’s text on exchange.Accounting of exchange should be seen in connection with Aristotle’s critique of the Pythagoreans’ concept of justice. He claims that they wrongly equate justice with ‘reciprocation’. The paper does not speculate about Aristotle’s alternatives. It just shows that his text on ‘reciprocation’ can be interpreted with reference to a consistent and interesting system of geometrical accounting. This system might be Pythagorean in origin, but Aristotle’s writings are its sole literary source. It justifies to list Aristotle’s passages on exchange as being among the most interesting texts of ancient economic analysis.
      PubDate: Thu, 07 Sep 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex053
      Issue No: Vol. 42, No. 2 (2017)
  • Menger’s Aristotelianism
    • Authors: Mittermaier K.
      Pages: 577 - 594
      Abstract: How to do economics was one of Menger’s primary interests, his point of view being distinctly Aristotelian, differing in this aspect greatly from his immediate successors, such as Wieser and Böhm-Bawerk, and also from later Austrian economists. Menger’s Aristotelian realism (or classical realism) ran against the nominalist trend of his own and subsequent time, but it may have a more sympathetic hearing now, with remarkable parallels between Aristotelian essentialism and the thesis of theory-laden facts, associated with Rorty, Feyerabend and others. The most important aspect of his Aristotelian realism was his belief that economic theory had to be abstracted from the phenomena by a rational grasp of economic phenomenal forms, Menger explicitly stating that he was not dealing with deductions from a priori axioms. Instead, he was eager to promote what he called exact science. The pursuit of exact science is simply a certain way of treating any subject matter whatever it may be, a certain direction of cognitive endeavour. An exact law provides a theoretical understanding of only one aspect of actual phenomena and neither can be nor need be verified by full empirical actuality. One can still find significance in our time in Menger’s ideas on how to do economics.
      PubDate: Thu, 22 Jun 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex037
      Issue No: Vol. 42, No. 2 (2017)
  • Corrigendum: The aggregate production function is NOT neoclassical
    • Pages: 595 - 595
      Abstract: Stefano Zambelli
      PubDate: Wed, 20 Dec 2017 00:00:00 GMT
      DOI: 10.1093/cje/bex084
      Issue No: Vol. 42, No. 2 (2017)
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