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  Subjects -> BUSINESS AND ECONOMICS (Total: 3104 journals)
    - ACCOUNTING (88 journals)
    - BANKING AND FINANCE (264 journals)
    - BUSINESS AND ECONOMICS (1148 journals)
    - CONSUMER EDUCATION AND PROTECTION (24 journals)
    - COOPERATIVES (4 journals)
    - ECONOMIC SCIENCES: GENERAL (166 journals)
    - ECONOMIC SYSTEMS, THEORIES AND HISTORY (177 journals)
    - FASHION AND CONSUMER TRENDS (13 journals)
    - HUMAN RESOURCES (93 journals)
    - INSURANCE (23 journals)
    - INTERNATIONAL COMMERCE (127 journals)
    - INTERNATIONAL DEVELOPMENT AND AID (82 journals)
    - INVESTMENTS (27 journals)
    - LABOR AND INDUSTRIAL RELATIONS (43 journals)
    - MACROECONOMICS (15 journals)
    - MANAGEMENT (524 journals)
    - MARKETING AND PURCHASING (88 journals)
    - MICROECONOMICS (24 journals)
    - PRODUCTION OF GOODS AND SERVICES (138 journals)
    - PUBLIC FINANCE, TAXATION (34 journals)
    - TRADE AND INDUSTRIAL DIRECTORIES (2 journals)

BUSINESS AND ECONOMICS (1148 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: 9)
Abacus     Hybrid Journal   (Followers: 12)
Accounting Forum     Hybrid Journal   (Followers: 23)
Acta Amazonica     Open Access   (Followers: 3)
Acta Commercii     Open Access   (Followers: 2)
Acta Oeconomica     Full-text available via subscription   (Followers: 2)
Acta Scientiarum. Human and Social Sciences     Open Access   (Followers: 4)
Acta Universitatis Danubius. Œconomica     Open Access  
Acta Universitatis Nicolai Copernici Zarządzanie     Open Access   (Followers: 3)
AD-minister     Open Access   (Followers: 2)
ADR Bulletin     Open Access   (Followers: 5)
Advances in Developing Human Resources     Hybrid Journal   (Followers: 21)
Advances in Economics and Business     Open Access   (Followers: 12)
AfricaGrowth Agenda     Full-text available via subscription   (Followers: 1)
African Affairs     Hybrid Journal   (Followers: 59)
African Development Review     Hybrid Journal   (Followers: 35)
African Journal of Business and Economic Research     Full-text available via subscription   (Followers: 1)
African Journal of Business Ethics     Open Access   (Followers: 7)
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: 11)
Akademika : Journal of Southeast Asia Social Sciences and Humanities     Open Access   (Followers: 4)
Alphanumeric Journal : The Journal of Operations Research, Statistics, Econometrics and Management Information Systems     Open Access   (Followers: 4)
American Economic Journal : Applied Economics     Full-text available via subscription   (Followers: 133)
American Journal of Business     Hybrid Journal   (Followers: 15)
American Journal of Business and Management     Open Access   (Followers: 51)
American Journal of Business Education     Open Access   (Followers: 10)
American Journal of Economics and Business Administration     Open Access   (Followers: 25)
American Journal of Economics and Sociology     Hybrid Journal   (Followers: 27)
American Journal of Evaluation     Hybrid Journal   (Followers: 13)
American Journal of Finance and Accounting     Hybrid Journal   (Followers: 19)
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: 1)
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: 28)
Annals of Operations Research     Hybrid Journal   (Followers: 8)
Annual Review of Economics     Full-text available via subscription   (Followers: 30)
Applied Developmental Science     Hybrid Journal   (Followers: 3)
Applied Economics     Hybrid Journal   (Followers: 46)
Applied Economics Letters     Hybrid Journal   (Followers: 29)
Applied Economics Quarterly     Full-text available via subscription   (Followers: 10)
Applied Financial Economics     Hybrid Journal   (Followers: 24)
Applied Mathematical Finance     Hybrid Journal   (Followers: 7)
Applied Stochastic Models in Business and Industry     Hybrid Journal   (Followers: 5)
Arab Economic and Business Journal     Open Access   (Followers: 3)
Archives of Business Research     Open Access   (Followers: 5)
Arena Journal     Full-text available via subscription   (Followers: 1)
Argomenti. Rivista di economia, cultura e ricerca sociale     Open Access   (Followers: 2)
ASEAN Economic Bulletin     Full-text available via subscription   (Followers: 5)
Asia Pacific Business Review     Hybrid Journal   (Followers: 5)
Asia Pacific Journal of Human Resources     Hybrid Journal   (Followers: 316)
Asia Pacific Viewpoint     Hybrid Journal  
Asia-Pacific Journal of Business Administration     Hybrid Journal   (Followers: 3)
Asia-Pacific Journal of Operational Research     Hybrid Journal   (Followers: 3)
Asia-Pacific Management and Business Application     Open Access  
Asian Business Review     Open Access   (Followers: 2)
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: 4)
Asian Journal of Business Ethics     Hybrid Journal   (Followers: 7)
Asian Journal of Social Sciences and Management Studies     Open Access   (Followers: 6)
Asian Journal of Sustainability and Social Responsibility     Open Access  
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)
Atlantic Economic Journal     Hybrid Journal   (Followers: 15)
Australasian Journal of Regional Studies, The     Full-text available via subscription   (Followers: 2)
Australian Cottongrower, The     Full-text available via subscription   (Followers: 1)
Australian Economic Papers     Hybrid Journal   (Followers: 23)
Australian Economic Review     Hybrid Journal   (Followers: 6)
Australian Journal of Maritime and Ocean Affairs     Hybrid Journal   (Followers: 10)
Balkan Region Conference on Engineering and Business Education     Open Access   (Followers: 1)
Baltic Journal of Real Estate Economics and Construction Management     Open Access   (Followers: 1)
Banks in Insurance Report     Hybrid Journal   (Followers: 1)
BBR - Brazilian Business Review     Open Access   (Followers: 4)
Benchmarking : An International Journal     Hybrid Journal   (Followers: 11)
BER : Consumer Confidence Survey     Full-text available via subscription   (Followers: 4)
BER : Economic Prospects : An Executive Summary     Full-text available via subscription  
BER : Economic Prospects : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Intermediate Goods Industries Survey     Full-text available via subscription   (Followers: 1)
BER : Manufacturing Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Motor Trade Survey     Full-text available via subscription   (Followers: 1)
BER : Retail Sector Survey     Full-text available via subscription   (Followers: 2)
BER : Retail Survey : Full Survey     Full-text available via subscription   (Followers: 2)
BER : Survey of Business Conditions in Building and Construction : An Executive Summary     Full-text available via subscription   (Followers: 4)
BER : Survey of Business Conditions in Manufacturing : An Executive Summary     Full-text available via subscription   (Followers: 3)
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: 2)
BER : Wholesale Sector Survey     Full-text available via subscription   (Followers: 1)
Berkeley Business Law Journal     Free   (Followers: 10)
Bio-based and Applied Economics     Open Access   (Followers: 1)
Biodegradation     Hybrid Journal   (Followers: 1)
Biology Direct     Open Access   (Followers: 7)
Black Enterprise     Full-text available via subscription  
Board & Administrator for Administrators only     Hybrid Journal  
Border Crossing : Transnational Working Papers     Open Access   (Followers: 2)
Briefings in Real Estate Finance     Hybrid Journal   (Followers: 5)
British Journal of Industrial Relations     Hybrid Journal   (Followers: 32)
Brookings Papers on Economic Activity     Open Access   (Followers: 48)
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: 7)
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: 17)
Business & Information Systems Engineering     Hybrid Journal   (Followers: 5)
Business & Society     Hybrid Journal   (Followers: 9)
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: 17)
Business and Management Studies     Open Access   (Followers: 9)
Business and Politics     Hybrid Journal   (Followers: 6)
Business and Professional Communication Quarterly     Hybrid Journal   (Followers: 7)
Business and Society Review     Hybrid Journal   (Followers: 5)
Business Economics     Hybrid Journal   (Followers: 6)
Business Ethics: A European Review     Hybrid Journal   (Followers: 16)
Business Horizons     Hybrid Journal   (Followers: 8)
Business Information Review     Hybrid Journal   (Followers: 13)
Business Management and Strategy     Open Access   (Followers: 40)
Business Research     Hybrid Journal   (Followers: 2)
Business Strategy and the Environment     Hybrid Journal   (Followers: 12)
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   (Followers: 1)
Cadernos EBAPE.BR     Open Access   (Followers: 1)
Cambridge Journal of Economics     Hybrid Journal   (Followers: 56)
Cambridge Journal of Regions, Economy and Society     Hybrid Journal   (Followers: 11)
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: 27)
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: 11)
Case Studies in Business and Management     Open Access   (Followers: 8)
CBU International Conference Proceedings     Open Access   (Followers: 1)
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: 16)
China Economic Journal: The Official Journal of the China Center for Economic Research (CCER) at Peking University     Hybrid Journal   (Followers: 11)
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: 11)
Chinese Economy     Full-text available via subscription  
Ciência & Saúde Coletiva     Open Access   (Followers: 2)
CLIO América     Open Access   (Followers: 1)
Cliometrica     Hybrid Journal   (Followers: 2)
COEPTUM     Open Access  
Community Development Journal     Hybrid Journal   (Followers: 24)
Compensation & Benefits Review     Hybrid Journal   (Followers: 6)
Competition & Change     Hybrid Journal   (Followers: 10)
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: 15)
Computers & Operations Research     Hybrid Journal   (Followers: 10)
Construction Innovation: Information, Process, Management     Hybrid Journal   (Followers: 14)
Contemporary Wales     Full-text available via subscription   (Followers: 3)
Contextus - Revista Contemporânea de Economia e Gestão     Open Access   (Followers: 1)
Contributions to Political Economy     Hybrid Journal   (Followers: 6)
Corporate Communications An International Journal     Hybrid Journal   (Followers: 5)
Corporate Philanthropy Report     Hybrid Journal   (Followers: 2)
Corporate Reputation Review     Hybrid Journal   (Followers: 4)
Creative and Knowledge Society     Open Access   (Followers: 10)
Creative Industries Journal     Hybrid Journal   (Followers: 9)
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: 1)
Cuadernos de Economía     Open Access   (Followers: 1)
Cuadernos de Economia - Latin American Journal of Economics     Open Access   (Followers: 1)
Cuadernos de Estudios Empresariales     Open Access   (Followers: 1)
Current Opinion in Creativity, Innovation and Entrepreneurship     Open Access   (Followers: 8)
De Economist     Hybrid Journal   (Followers: 12)
Decision Analysis     Full-text available via subscription   (Followers: 8)
Decision Sciences     Hybrid Journal   (Followers: 15)
Decision Support Systems     Hybrid Journal   (Followers: 15)
Defence and Peace Economics     Hybrid Journal   (Followers: 16)
der markt     Hybrid Journal   (Followers: 1)
Desenvolvimento em Questão     Open Access  
Development     Full-text available via subscription   (Followers: 23)

        1 2 3 4 5 6 | Last

Journal Cover Cambridge Journal of Economics
  [SJR: 0.957]   [H-I: 59]   [56 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  [370 journals]
  • Alternative interpretations of a stateless currency crisis
    • Authors: Cesaratto S.
      Pages: 977 - 998
      Abstract: A number of economists warned that a political union was a prerequisite for a viable currency union. This paper disputes the feasibility of such a political union. A fully fledged federal union, which would likely please peripheral Europe, is impracticable since it implies a degree of fiscal solidarity that does not exist. A Hayekian minimal federal state, which would appeal to core Europe, would be refused by peripheral members, since residual fiscal sovereignty would be surrendered without any clear positive economic and social return. Even an intermediate solution based on coordinated Keynesian policies would be unfeasible, since it would be at odds with German ‘monetary mercantilism’. The euro area is thus trapped between equally unfeasible political perspectives. In this bleak context, austerity policies are mainly explained by the necessity to readdress the euro area balance-of-payments crisis. This crisis presents striking similarities to traditional financial crises in emerging economies associated with fixed exchange regimes. Therefore, the delayed response of the European Central Bank (ECB) to the sovereign debt crisis cannot be seen as the culprit of the euro area crisis. The ECB’s monetary refinancing mechanisms, Target 2 and the ECB’s belated Outright Monetary Transactions intervention impeded a blow-up of the currency union, but could not solve its deep causes. The current combination of austerity policies and moderate ECB intervention aims to rebalance intra-eurozone foreign accounts and to force competitive deflation strategy.
      PubDate: 2017-01-31
      DOI: 10.1093/cje/bew065
      Issue No: Vol. 41, No. 4 (2017)
       
  • Is the end of fiscal austerity feasible in Spain' An alternative plan
           to the current Stability Programme (2015–2018)
    • Authors: Uxó J; Álvarez I.
      Pages: 999 - 1020
      Abstract: The Spanish authorities have implemented strongly restrictive fiscal policies with a negative impact on GDP and employment, especially during the recession of 2011–2013. This paper shows that the end of fiscal austerity is feasible for Spain. Adopting a ‘functional finance’ approach to fiscal policy and making a (partial) use of the idea of Balanced Budget Expansion, we present an alternative fiscal policy for the years 2016–2018 which is not focused on deficit reduction, but on employment creation and on the development of social and structural policies aimed at a real transformation of the Spanish economy. The two main components of this plan are a progressive fiscal reform to increase public revenue over GDP, and a simultaneous increase in the ratio of public expenditure over GDP. With the aid of a three-equation model, this paper proves that an alternative plan to austerity can be not only expansionary but also fully compatible with fiscal sustainability. The choice, then, lies between prioritising either the rate at which unemployment is reduced or at which public deficit is reduced.
      PubDate: 2017-02-07
      DOI: 10.1093/cje/bew069
      Issue No: Vol. 41, No. 4 (2017)
       
  • The price of an apology: justice, compensation and rectification
    • Authors: O’Neill J.
      Pages: 1043 - 1059
      Abstract: Questions about monetary compensation for environmental damage have been at the centre of debates on the defensibility of the monetary valuation of environmental goods. In conflicts about environmental justice, offers of monetary compensations for environmental damage can elicit apparently inconsistent responses. On the one hand, offers of monetary compensation for future environmentally harmful activity are the object of protests by those affected who claim that the wrongs to be committed are not open to monetary compensation. On the other hand, failures of compensation for environmental harms done in the past are regarded as a major injustice. This paper argues that these two responses are consistent. It rejects a standard economic view that backward- and forward-looking cases should be treated symmetrically since in each case a level of compensation should be computed that leaves the well-being of actually or potentially affected agents at least as high with the adverse change as it would have been without it. It shows this understanding of compensation is mistaken in both backward- and forward-looking cases. Monetary damages in the legal context are quite consistent with scepticism about monetary valuation of environmental and social goods and harms.
      PubDate: 2017-06-01
      DOI: 10.1093/cje/bew047
      Issue No: Vol. 41, No. 4 (2017)
       
  • The neglect of society in the theory of the firm: a systems-theory
           perspective
    • Authors: Thompson S; Valentinov V.
      Pages: 1061 - 1085
      Abstract: The prevailing theories of the firm acknowledge the importance of trust and loyalty but neglect such behaviour in the substance of their analyses. The present paper unravels this paradox by drawing on Niklas Luhmann’s ground-breaking insight that the complexity-reducing function of social systems leads them to neglect their critical environmental dependencies, thereby compromising their own sustainability. If the firm is conceived as a social system, Luhmann’s theory implies that the neglect of social behaviour by the predominant theories of the firm can be explained as reflecting the neglect of society by actual firms. This argument promises to not only furnish the theory of the firm with a concern for sustainability, but also render it more amenable to unconventional institutions, such as cooperatives and non-profit organisations, that help compensate for the damage inflicted by conventional firms on the social environment.
      PubDate: 2017-02-08
      DOI: 10.1093/cje/bew072
      Issue No: Vol. 41, No. 4 (2017)
       
  • Ubuntu and social capital: a strong relationship and a possible instrument
           of socio-economic development
    • Authors: Migheli M.
      Pages: 1213 - 1235
      Abstract: I examine the interrelationships between social capital and Ubuntu, an African social philosophy necessarily embedding the existence of an individual in that of the society. Social capital—the sum of the interpersonal links and civic participation of a person—has been proven to be essential in promoting both social and economic development. The strong link existing between Ubuntu and social capital shows the potential value of the former for the socio-economic development of the sub-Saharan populations. Indeed, the African governments should promote Ubuntu as a valuable instrument to fight poverty and conflicts.
      PubDate: 2017-02-06
      DOI: 10.1093/cje/bew070
      Issue No: Vol. 41, No. 4 (2017)
       
  • Political economy of a euro area banking crisis
    • Authors: Demetriades PO.
      Pages: 1249 - 1264
      PubDate: 2017-02-27
      DOI: 10.1093/cje/bex001
      Issue No: Vol. 41, No. 4 (2017)
       
  • Forecasting errors by the Troika in the economic adjustment programme for
           Portugal
    • Authors: do Amaral J; Lopes J.
      Pages: 1021 - 1041
      Abstract: This article presents an evaluation of the economic adjustment programme negotiated between the Portuguese government and the Troika (European Commission, ECB and IMF) in May 2011, using an assessment that is different from the usual studies. Instead of a comparison between the actual results and the proposed targets, an evaluation of the quality of the programme forecast is made, showing that errors could have been avoided if the productive (input–output) structure of the economy and also the unemployment rate/external deficit trade-off had been taken into account. The main conclusion of this assessment is that a large underestimation of the unemployment rate was made, amounting to about four percentage points, which illustrates the technical flaw of this adjustment programme and the huge economic and social costs it unnecessarily caused. The methodology used can easily be replicated for assessing other similar programmes, such those applied in Greece, Ireland and Cyprus.
      PubDate: 2016-10-13
      DOI: 10.1093/cje/bew046
      Issue No: Vol. 41, No. 4 (2016)
       
  • Reviving demand-pull perspectives: The effect of demand uncertainty and
           stagnancy on R&D strategy
    • Authors: García-Quevedo J; Pellegrino G, Savona M.
      Pages: 1087 - 1122
      Abstract: This paper looks at the effects of demand uncertainty and stagnancy on firms’ decisions to engage in R&D activities and the amount of financial effort devoted to these. The paper provides a number of contributions to the innovation literature: first, it adds to the revived debate on demand-pull perspectives in innovation studies by examining demand-related (lack of) incentives to invest in innovation. Second, it complements the literature on barriers to innovation by focusing on demand-related obstacles rather than the more frequently explored financial barriers. Third, it analyses whether experiencing demand barriers is a sector-specific feature. Firms active in high- or low-tech manufacturing or in knowledge-intensive or low-tech services might be more or less dependent on demand conditions when deciding to perform R&D. We find that uncertain demand and lack of demand are perceived as two quite distinct barriers. While the perception of a lack of demand has a marked negative impact not only on the amount of investment in R&D but also the likelihood of firms to engage in R&D activities, demand uncertainty seems, on the contrary, to represent an incentive to spend more in R&D, although only in low-tech sectors. We interpret this evidence in terms of the specific phase of the innovation cycle in which decisions to invest in R&D are taken. Sectoral affiliation seems to be playing a role only for demand uncertainty, supporting the conjecture that positive expectations on the presence of adequate market demand are a necessary condition to invest in R&D.
      PubDate: 2016-09-27
      DOI: 10.1093/cje/bew042
      Issue No: Vol. 41, No. 4 (2016)
       
  • Towards an economics of well-being
    • Authors: McGregor J; Pouw N.
      Pages: 1123 - 1142
      Abstract: There is growing concern that presently dominant frameworks in economics no longer provide a way of adequately addressing and analysing the problems of today’s globalising and rapidly changing world. This article makes a number of fundamental proposals about how we might reframe economics to move it towards a clearer focus on human well-being. It develops arguments for a change in the basic ontological proposition and for the need to see ‘the economy’ as an instituted process of resource allocation. From this viewpoint, economics is then the study of resource allocation decisions and processes and the forces that guide these: from a human perspective it is about understanding who gets what, under what conditions and why' The paper argues that a pluralist approach to understanding the economy is necessary for political, analytical and technical reasons. Drawing on a range of contributions to heterodox economics, the paper argues that if we are to understand current crises and challenges, then our understanding of resource allocation in society must have a broader scope than is present in mainstream economics; it proposes a rethinking of economic agency and provides a critique of rational behaviour that is founded in shifting the emphasis from a narrow conception of welfare to well-being. Acknowledging human well-being as a multidimensional concept, the relationship between the well-being of the person and the collective is reconsidered and the methodological implications for the issue of aggregation are discussed. The article seeks to serve as a point of departure for formulating new research questions, exploring the relationships between human well-being and economic development and analysing economic behaviour and interactions in such a way as to bring us closer to peoples’ realities on the ground.
      PubDate: 2016-10-24
      DOI: 10.1093/cje/bew044
      Issue No: Vol. 41, No. 4 (2016)
       
  • Karl Popper and the methodologists of economics
    • Authors: Thomas R.
      Pages: 1143 - 1160
      Abstract: This article chronicles the difficulties that methodologists of economics have had in introducing Karl Popper’s philosophy to their fellow economists. It presents some general reasons for the problem before specifically examining the proposition that a sound appreciation of Popper’s doctrines cannot be attained from simply studying the doctrines themselves. What it also requires is an understanding of the problem situation that the doctrines sought to address. This is illustrated through an examination of the way methodologists have grasped, or failed to grasp, the development of Popper’s own thought about the problem of demarcating empirical science from non-science and the related problem of whether the limits of empirical science coincide with the limits of arguability. The article demonstrates that a neglect of these considerations has produced confusion in the literature, both in the way that Popper’s philosophy has been presented and in the way in which its contemporary relevance has been assessed.
      PubDate: 2016-10-05
      DOI: 10.1093/cje/bew045
      Issue No: Vol. 41, No. 4 (2016)
       
  • Max Weber within the Methodenstreit
    • Authors: Maclachlan F.
      Pages: 1161 - 1175
      Abstract: Max Weber’s position with regard to the Methodenstreit, the dispute between the Austrians and the historical school over the status of axiomatic-deductive theory within economics, is investigated. I find that while there was much in Carl Menger’s economics with which Weber agreed, his achievement was to provide an improved foundation for the historicist approach. I discuss the important differences between Weber’s approach and the methodology advocated by Ludwig von Mises, the central figure in the later Austrian school. I argue that Weber broadened the scope for economics by integrating the empirical facts of history and the contemporary world, while Mises narrowed it by attempting to establish an economics purified of contingent empirical reality. Finally, I discuss Mises’ influence on Lionel Robbins and Robbins’ contribution to the eclipse of Weber’s methodological insights.
      PubDate: 2016-10-25
      DOI: 10.1093/cje/bew051
      Issue No: Vol. 41, No. 4 (2016)
       
  • Scitovsky meets Sen: endogenising the dynamics of capability
    • Authors: Pugno M.
      Pages: 1177 - 1196
      Abstract: Sen’s ‘capability approach’ is especially focused on human development as freedom from deprivations, while Scitovsky’s The Joyless Economy is focused on how people can expand their internal capability endogenously by enjoying learning as a socially embedded process. This paper uses the complementarity between the two authors to build a comprehensive dynamic approach to people’s ‘functionings and capabilities’. Different groups of ‘functionings’ are thus characterised by their different patterns of development in interaction with the resources available and the social context. As a result, Sen’s problems of evaluating ‘functionings’ and measuring ‘capability’ can be alleviated; harmful functionings can be predicted; children’s welfare can be better evaluated; and Sen’s definitions of ‘capability’, ‘agency’ and ‘well-being’ can be refined.
      PubDate: 2016-10-13
      DOI: 10.1093/cje/bew050
      Issue No: Vol. 41, No. 4 (2016)
       
  • Market sociality: Mirowski, Shiller and the tension between mimetic and
           anti-mimetic market features
    • Authors: Borch C; Lange A.
      Pages: 1197 - 1212
      Abstract: This article presents a critical systematic discussion of Shiller’s writings from the late 1970s to the present, as well as an examination of the social-psychological assumptions on which his work is built. We argue that Shiller’s work displays a tension between mimetic and anti-mimetic tendencies, i.e. between understanding financial markets as captured by fads and fashions (mimesis), and at the same time understanding such markets on the basis of a notion of homo economicus (an essentially anti-mimetic figure). Identifying that tension not only sheds novel light on Shiller’s work, but also allows us to critically discuss Mirowski’s negative appraisal of Shiller’s behavioural finance programme. Further, we argue that the mimetic/anti-mimetic tension in Shiller’s work can equally be identified in a broader range of theories about financial markets, and that attending to it therefore opens up new lines of inquiry beyond behavioural finance.
      PubDate: 2016-12-16
      DOI: 10.1093/cje/bew057
      Issue No: Vol. 41, No. 4 (2016)
       
  • Wealth and capital: a critique of Piketty’s conceptualisation of
           return on capital
    • Authors: Mihalyi P; Szelényi I.
      Pages: 1237 - 1247
      Abstract: The paper is focused on the importance of a precise theoretical differentiation between wealth and capital on the one hand, and profits and rents on the other. The work is inspired by our partial agreement with and partial criticism of Thomas Piketty’s Capital in the Twenty-First Century. We agree with him that inequalities are growing and we share his view that this is a major threat to the legitimacy of the liberal order both at the national and the international level. At the same time, we are deeply sceptical about his central explanation, namely that excessive growth of profits (r) is the main reason for inequalities which in turn slow growth (g) and generate popular dissatisfaction in the long run. We show that the confusion of profit and rent, capital and wealth, prevents Piketty to prove the r > g formula, because his computed values for r are statistical artefacts.
      PubDate: 2016-12-23
      DOI: 10.1093/cje/bew054
      Issue No: Vol. 41, No. 4 (2016)
       
 
 
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