The internet and the electronic economy are a technological revolution whose secular importance is apparent. The internet eliminates the temporal and spatial constraints on the exchange of information. It changes deeply the world of production and of labour. It transforms the exchange relationships between producers and consumers as well as between the suppliers within the supply-chain. The electronic economy is able to generate more accurate con- sumer profiles and, therefore, a more powerful and effective marketing di- rected to the individual consumer. There is no industry that is not...
The internet and the electronic economy are a technological revolution whose secular importance is apparent. The internet eliminates the temporal and ...
The basic moral significance of neo-classical economics and the competitive market system it represents is founded on the classical liberal tradition in which the "simple system of natural liberty" is claimed to give expression to the harmony of each with all. Though such a common good would not be the outcome of the intentions of individual agents or state planning, nevertheless, the impersonal forces of a capitalist market would so allocate resources as to lead the self-interested participants in such an economy, as if by an "invisible hand," to a coherent social order of mutual...
The basic moral significance of neo-classical economics and the competitive market system it represents is founded on the classical liberal traditi...
The articles collected in this volume deal with the contents and processes of good corporate practice. Their common question is how moral values and ethical demands can become an integral part of economic and corporate deci- sions- in a way that is credible and comprehensible for the society. Generally accepted best practice or minimum requirements for codes of conduct matter in this context. They codify values like integrity, fairness, openness, honesty, truthfulness, solidarity and justice, which have to be im- plemented in a company's day-to-day business. In one sentence: There is a need...
The articles collected in this volume deal with the contents and processes of good corporate practice. Their common question is how moral values and e...
Economics as Moral Science investigates the problem of the ethical neutrality of "mainstream" economic theory within the context of the methodology of economics as a science. Against the conventional wisdom, the author argues that there are serious moral presuppositions to the theory, but that economics could still count as a scientific or rational form of inquiry. The basic questions addressed - the ethical implications of economics, its status as a scientific mode of theory-construction, and the relation between these factors - are absolutely fundamental ones for an...
Economics as Moral Science investigates the problem of the ethical neutrality of "mainstream" economic theory within the context of the methodo...
This Festschrift was "presented" in electronic form to Buchanan on the occasion of his eightieth birthday on October 3, 1999, after dinner in Fairfax, Virginia. As one might have expected, the response to our call for papers was vo- luminous. In looking over the many contributions, we felt that a "published" Festschrift was also possible and fitting for the eightieth birthday of so prodi- gious and influential a scholar as Professor Buchanan. To that end we have assembled the following volume. In selecting the papers to be included here we have basically tried to choose those papers which in...
This Festschrift was "presented" in electronic form to Buchanan on the occasion of his eightieth birthday on October 3, 1999, after dinner in Fairfax,...
In this volume, continuities and discontinuities between Historical School of Economics and Old Institutional Economics are examined with regard to common research objectives and methods. Similarly, those between these two economic movements and New Institutional Economics as well as new economic sociology are discussed. The following questions functioned as a guideline for the contributing economists, sociologists, historians, and philosophers: Can we meaningfully speak of the Historical School of Economics (HSE) as an economic research program? What are the commonalities between the HSE and...
In this volume, continuities and discontinuities between Historical School of Economics and Old Institutional Economics are examined with regard to co...
This book publishes the English translation of texts that appeared first in Gennan in two separate booklets. Part One, The Ethics of Capitalism includ- ing the comment by JAMES M. BUCHANAN, has been published in Gennan under the title Ethik des Kapitalismus, Ttibingen (J.C.B. Mohr [paul Sie- beck)) 1982, 5th edition 1995, in the series "Walter Eucken Institut, Vort:rt1ge und Aufsatze", vol. 87. Part Two, Evolution and Society. A Critique of So- ciobiology, appeared first in German under the title Evolution und Gesell- schaft. Eine Auseinandersetzung mit der Soziobiologie, Ttibingen (J.e.B....
This book publishes the English translation of texts that appeared first in Gennan in two separate booklets. Part One, The Ethics of Capitalism includ...
On 8 November 1995 we organized the conference Is Inheritance Legitimate? Ethical and Economic Aspects of Wealth Transfers at the University of Antwerp (UFSIA). The conference brought together economists, philosophers and other social scientists to discuss the issues of bequest and inheritance. The conference programme featured five invited contributions; the revised versions of these five papers consitute the core of this book (Chapters 2, 3, 4, 6, and 7). Also included in this book are the written versions of the comments presented by the two discussants (Chapters 5 and 8). We also gave the...
On 8 November 1995 we organized the conference Is Inheritance Legitimate? Ethical and Economic Aspects of Wealth Transfers at the University of Antwer...
The volume at hand contains invited papers addressing the normative is- sues of democracy and the European Union. Most papers were fIrst discussed at the conference "Democracy and the European Union", held in Oslo on Au- gust 8-10, 1996, with the support of the Norwegian research programme Ad- vanced Research on the Europeanisation of the Nation-State (ARENA). The editors wish to thank the organisers and participants of the Oslo con- ference. They are grateful to Kristin Johansen and Simen Brrein for managing the conference, to Anna Maria Hauk and Victoria Pogosian for professional assistance...
The volume at hand contains invited papers addressing the normative is- sues of democracy and the European Union. Most papers were fIrst discussed at ...
These essays deal with various aspects of a new, rising field, socio- economics. The field is seeking to combine the variables studied by neoclassical economists with those typically studied by other social sciences. The combination is expected to provide a better understanding of economic behavior and the economy as well as society; make more reliable predictions; and be more in line with normative values we seek to uphold. The new field, though, may be less elegant mathematically and possibly less parsimonious than neoclassical economics. Some of my ideas on this subject are included in a...
These essays deal with various aspects of a new, rising field, socio- economics. The field is seeking to combine the variables studied by neoclassical...