{"title":"Perspectives on interpersonal utility comparisons: an analysis of selected models","authors":"A. Gandjour","doi":"10.46298/jpe.11271","DOIUrl":"https://doi.org/10.46298/jpe.11271","url":null,"abstract":"Recently, new models for comparing the strength of individual preferences have been proposed. This perspective article discusses these models within the context of different accounts of how people attribute mental states to others. The paper highlights that the new models share a common shortcoming with Harsanyi’s Equiprobability Model of Moral Value Judgments, which is the inability to facilitate interpersonal comparisons of preference strengths.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"96 13","pages":""},"PeriodicalIF":0.2,"publicationDate":"2024-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139390435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Review of Jon D. Erickson, The Progress Illusion: Reclaiming Our Future from the Fairytale of Economics, Washington, DC, Island Press, 2022, xx + 252 pp., hb, ISBN 978-1-64-283252-5","authors":"Alexandru Pătruți","doi":"10.46298/jpe.11241","DOIUrl":"https://doi.org/10.46298/jpe.11241","url":null,"abstract":"Review of Jon D. Erickson, The Progress Illusion: Reclaiming Our Future from the Fairytale of Economics","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"52 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136381898","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Lesen und Interpretieren der Wirtschaftsphilosophie von Ibn Khaldun","authors":"Ahmed Souaiaia","doi":"10.46298/jpe.10915","DOIUrl":"https://doi.org/10.46298/jpe.10915","url":null,"abstract":"Diese Arbeit zielt darauf ab, Schlüsselkonzepte, Ideen und Ereignisse darzustellen, die sich hauptsächlich aus Ibn Khalduns Kapitel über das Wirtschaftsleben ableiten lassen, das er mit der Überschrift „Kapitel über den Lebensunterhalt“ (ma`āsh) zusammenfasst. Die Rechtfertigung dieses Unterfangens ist die Bedeutung von Ibn Khalduns Beiträgen, der Mangel an Übersetzungen seiner Werke und die Abhängigkeit sekundärer Interpretationswerke von einer einzigen englischen Übersetzung. Während die Lektüre der Wirtschaftsphilosophie von Ibn Khaldun durch eine Textanalyse der Primärquellen weiterhin im Mittelpunkt dieser Arbeit steht, wird hier auch eine Auswahl der Interpretations- und Übersetzungswerke präsentiert, um den Grad der Auseinandersetzung nichtarabischer Gelehrter mit Ibn zu verstehen Khalduns Werk und als Geisteshaltung, mit der sich Wirtschaftsphilosophen und Sozialhistoriker auseinandersetzen könnten. This work aims to present key concepts, ideas, and events that can be derived mainly from Ibn Khaldun’s chapter on economic life, which he captures with the heading, Chapter on Making a Living (ma`āsh). Justifying this undertaking is the significance of Ibn Khaldun’s contributions, the scarcity of translations of his work, and the dependency of secondary interpretive works on a single English translation. While a reading of Ibn Khaldun’s economic philosophy through a textual analysis of the primary sources remains the focus of this work, a sampling of the interpretive and translation works is also presented here in order to understand the level of engagement of non-Arabic scholars with Ibn Khaldun’s work and as a frame of mind with which economic philosophers and social historians might engage. Cet ouvrage vise à présenter des concepts, des idées et des événements clés qui peuvent être dérivés principalement du chapitre d’Ibn Khaldun sur la vie économique, qu’il capture sous le titre Chapitre sur Gagner sa vie (ma`āsh). Cette entreprise est justifiée par l’importance des contributions d’Ibn Khaldun, la rareté des traductions de son œuvre et la dépendance des travaux d’interprétation secondaires à une seule traduction anglaise. Bien qu'une lecture de la philosophie économique d'Ibn Khaldun à travers une analyse textuelle des sources primaires reste au centre de ce travail, un échantillon des travaux d'interprétation et de traduction est également présenté ici afin de comprendre le niveau d'engagement des érudits non arabes avec Ibn Khaldun. Khaldun et comme état d'esprit dans lequel les philosophes économiques et les historiens sociaux pourraient s'engager.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135778478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Review of Șerban Oana, Cultural Capital and Creative Communication: (Anti-)Modern and (Non-)Eurocentric Perspectives","authors":"Andreea Ioana Vlad","doi":"10.46298/jpe.11521","DOIUrl":"https://doi.org/10.46298/jpe.11521","url":null,"abstract":"","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135883478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Daniel Durán-Sandoval, Gemma Durán-Romero, Francesca Uleri
{"title":"Scarcity Concept in the contemporary mainstream economic science: an analysis of its ontological and epistemological ambiguity","authors":"Daniel Durán-Sandoval, Gemma Durán-Romero, Francesca Uleri","doi":"10.46298/jpe.11061","DOIUrl":"https://doi.org/10.46298/jpe.11061","url":null,"abstract":"Different economic schools have studied the scarcity concept, reaching otherexplanations. Accordingly, the discussion underlines that for the Classical School ofPolitical Economy (CSPE), scarcity is considered an empirical fact in contrast to theMarginalist School, which instead finds it as a theoretical consequence derived from itsaxioms. Following both schools, the Marshallian theorists introduce an ontological andepistemological ambiguity about scarcity. With this background, the article will try toclarify the concept and characteristics of scarcity. It examines the concept from differentschools of economic thought, considering a new ontological and epistemological path.The article concludes by highlighting that the scarcity characteristics of mainstreameconomics neglect the sociocultural, historical, and political dimensions, making theconsideration to abolish them through social, political, and economic changes aproblematic and, at times, vain option.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135887934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An essay on the need to redefine economics for the sake of a human economy","authors":"Arjo Klamer","doi":"10.46298/jpe.10887","DOIUrl":"https://doi.org/10.46298/jpe.10887","url":null,"abstract":"More than 90 years after Lionel Robbins more or less defined the subject ofeconomics in his famous essay, it is time to redress the issue in light of recent developments and new insights. Robbins used the figure of Robinson Crusoe to define homo economicus as an agent that makes choices in conditions of scarcity. By re-reading and re-interpreting the story of Crusoe, we make more sense of the narrative when we envisage people engaged in practices by which they realize what is important to them, that is, their values. Homo economicus becomes a special case pertinent to theinstrumental economies of markets and organizations. In the so-called human economies of the home, the social, cultural, and natural world, people use the inputs that they acquire in the instrumental economies to realize what is important to them, such as families, friendships, science, art, religion, meanings. This shift in perspective will have far reaching consequence for the way economists think and theorize and enables them to connect with the value-based approach that is increasingly dominatingthe worlds of business and politics.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135854545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"'We need to offer something better to the scholars of the future.' Which way forward for heterodox economics?","authors":"Arne Heise","doi":"10.46298/jpe.10548","DOIUrl":"https://doi.org/10.46298/jpe.10548","url":null,"abstract":"After the global financial crisis, hopes were high that there would be a pluralisation of the economics discipline and a boost for heterodox economics that challenged dominant economic models. However, mainstream economics once again proved its enormous resilience and the future of alternatives to this mainstream is anything but certain. Geoffrey Hodgson's new book on this issue has sparked fresh discussions about the stunted development of heterodox economics and proposals for possible ways forward. This article will argue that the crucial factor for the future of heterodox economics is not converging on a single unified paradigm or raising the quality of research, but rather gaining access to different kinds of capital, first and foremost professorial positions at universities. Such access is severely restricted under present conditions as a result of epistemological and ontological discrimination. Heterodox economics can only flourish if the epistemic community of economists embraces paradigmatic pluralism as part of their academic culture, or if regulations are put in place to secure access to such capital and so to academic freedom.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135853482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Plea for Pluralism","authors":"Stephen Marglin","doi":"10.46298/jpe.10886","DOIUrl":"https://doi.org/10.46298/jpe.10886","url":null,"abstract":"Mainstream economics is one way of understanding how the economy works, but mainstream economists argue much more: that mainstream economics is the onlyway of understanding the economy. Mainstream economists should embrace pluralism for reasons suggested by John Stuart Mill: as a guard against the tyranny of the majority, a tyranny that fortifies itself against doubt not by reason but by power; even if the majority is right and the doubters wrong, engaging with doubt is a way to strengthen correct arguments; and, most likely, according to Mill, there is partial truth on the side of heterodoxy as well as on the orthodox side. The two elements of the power of mainstream economists are related: the police power over what is and what is not published in the major journals, and the role of publication in these journals in the tenure process. Pluralism is not an issue of concern to academics only. Economists of all stripes may try to construct the economy in the image of their theories, but for some time the mainstream has had the upper hand, just as it does in the academy. The push to deregulate the economy, which began in the United States during the Carter presidency, had its full flowering in the financial crisis of 2008.What will it take to allow heterodoxy into the academy? If history is any guide, innovations in economics take root when they are allied to successful political movements. One case in point is the symbiosis between Keynes’s General Theory and the New Deal and social democracy. Another is the resurgence of pre-Keynesian theory dressed up in the high-tech mathematics of New Classical theory and the coming to power of the apostles of neoliberalism in the 1980s. It’s a good bet that for a new economics to take hold in this century, it will do so in partnership, however tacit, with a new politics.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135854551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"THE FUTURE OF POST-KEYNESIAN ECONOMICS: Post-Keynesian Economics at 50","authors":"Louis-Philippe Rochon","doi":"10.46298/jpe.10890","DOIUrl":"https://doi.org/10.46298/jpe.10890","url":null,"abstract":"This article discusses the future of post-Keynesian economics by considering three angles: i) the future of post-Keynesian economics as an institution or as a school of thougth; ii) the future of post-Keynesian theory; and finally, iii) the future of post-Keynesian within the profession. My conclusion is fairly positive overall, although the place of post-Keynesian economics within the profession is certainly not enviable.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135805183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Heterodoxy Needs Institutional Backing","authors":"Bruno S Frey, Andre Briviba","doi":"10.46298/jpe.10889","DOIUrl":"https://doi.org/10.46298/jpe.10889","url":null,"abstract":"A general aversion to new ideas, psychological factors, and foremost, institutional conditions shape the challenging position of heterodox economics. This institutional framework is coined by a strong orientation towards publication metrics and influences young scholars to conformity. We propose two ideas to improve the conditions for heterodox research. First, to introduce competition between journals for the scientific papers they want to have the most. Second, to establish a qualified random selection of papers to equalize the chances of publishing.","PeriodicalId":41686,"journal":{"name":"Journal of Philosophical Economics","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135805185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}