LIBERTY REVIEW, June 2017

Human Capital, Knowledge and Economic Development: Evidence from the British Industrial Revolution, 1750-1930 
B. ZORINA KHAN

Costly investments in specialized human capital resources might be less important than incentives for creativity, flexibility, and the ability to make incremental adjustments.
Mahoney argues that economic arguments play a central role in Smith’s theory of justice. Smith’s jurisprudence might thus provide an important bridge between his moral and economic theories.
Narrative Economics
ROBERT J. SHILLER
The human brain has always been highly tuned toward narratives, whether factual or not, to justify ongoing actions, even such basic actions as spending and investing. Shiller considers the epidemiology of narratives relevant to economic fluctuations.
The provocative Parasite Stress Theory of Values suggests a possible link between the historical prevalence of infectious diseases, the cultural dimension of individualism–collectivism and differences in income inequality across countries. Nikolaev’s findings suggest that societies with more individualistic values have significantly lower net income inequality.
Empirical studies show that government ideology has hardly influenced welfare expenditures since the 1990s. However, empirical analysis shows that economic freedom continues to be the guiding principle that divides left and right in economic policy-making.

Filosofía de la Economía, Vol. 1, No. 2

Davis, John B. (2013-12) The emergence of agent-based modeling in economics: Individuals come to bits.  Filos. econ. 02 (01) : 229-246.

Trincado, Estrella. (2013-12) Time as a milestone in economic thought.  Filos. econ. 02 (01) : 247-273.

Martínez, Carlos Diego. (2013-12) Tiempos difíciles: el cálculo utilitarista a la imaginación simbólica.  Filos. econ. 02 (01) : 275-293.

Masera, Gustavo. (2013-12) El enfoque evolucionista en el debate económico contemporáneo.  Filos. econ. 02 (01) : 295-313.

Maceri, Sandra. (2013-12) Theoretical and practical reason in economics: Capacities and capabilities de Ricardo F. Crespo.  Filos. econ. 02 (01) : 315-320.

Brondino, Gabriel. (2013-12) Contending economic theories: neoclassical, Keynesian and Marxian de Richard Wolff y Stephen Resnick.  Filos. econ. 02 (01) : 321-325.

Borrello, Ricardo Raúl. (2013-12) La economía como ciencia estricta de Fernando H. Azcurra.  Filos. econ. 02 (01) : 326-333.
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Rationality, Markets and Morals Studies at the Intersection of Philosophy and Economics (RMM), Volume 6, 2015

Jan 12 2015
Book Review
Andreas Tutic
Richard Swedberg: The Art of Social Theory
RMM Vol. 6, 2015, 1–5
Jan 16 2015
peer reviewed
Hannes Rusch
Do Bankers Have Deviant Moral Attitudes? Negative Results from a Tentative Survey
RMM Vol. 6, 2015, 6–20
May 12 2015
Book Review
Susanne Hahn
Hardy Bouillon: Business Ethics and the Austrian Tradition in Economics
RMM Vol. 6, 2015, 21–25
May 19 2015
Article
John Salter
Hume without Spontaneous Order
RMM Vol. 6, 2015, 26–38, Special Topic: Can the Social Contract Be Signed by an Invisible Hand?
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NPPE—New Perspectives on Political Economy

Vol 12, no. 1-2 for download

Pierre Desrochers, Vincent Geloso: Snatching the Wrong Conclusions from the Jaws of Defeat: Part 1 – The Missing History of Thought: Depletionism vs Resourceship

Pierre Desrochers, Vincent Geloso: Snatching the Wrong Conclusions from the Jaws of Defeat: Part 2 – The Wager: Protagonists and Lessons

Nikolai G. Wenzel: Classical Communitarianism and Liberal Anomie: Toward an Individual yet Robust Theory of Citizenship

Youliy Ninov: A Free Market Alternative to Anarcho-Capitalism

Critical Review, Volume 29 | No. 1

CONSTRAINING KNOWLEDGE: TRADITIONS AND RULES THAT LIMIT MEDICAL INNOVATION
Amar Bhidé
ABSTRACT: Non-medical innovation has become progressively more open, harnessing the enterprise and creativity of a variety of players (including venturesome consumers) and relying on diverse structured and unstructured methods to generate and select advances. Medical innovation, however, remains more closed and regimented because of age-old traditions, reinforced by modern funding and regulatory practices that require the costly ex-ante demonstration of efficacy. These practices, which seek to replicate those of the natural sciences, militate against the pluralistic creation and use of medical innovations and suppress ad-hoc, accretive—and potentially life-saving—advances.

PROPAGANDA ABOUT PROPAGANDA
Jason Brennan

ABSTRACT: Jason Stanley’s How Propaganda Works intends to offer a novel account of what propaganda is, how it works, and what damage it does inside a democratic culture. The book succeeds in showing that, contrary to the stereotype, propaganda need not be false or misleading. However, Stanley offers contradictory definitions of propaganda, and his theory, which is both over- and under-inclusive, is applied in a dismissive, highly ideological way. In the end, it remains unclear how much damage propaganda does. Voters in modern democracies would be ignorant and irrational even without propaganda.

DEMOCRACY AND TRUTH: A CONTINGENT DEFENSE OF EPISTEMIC DEMOCRACY
Gustavo Hessmann Dalaqua

ABSTRACT: Contrary to what some critics of epistemic democracy claim, the association between democracy and truth does not necessarily make the former inhospitable to conflict, contestation, and pluralism. With the help of John Stuart Mill and William James, truth can be interpreted so as to make it compatible with a democratic politics that appreciates conflict and dissent. In some circumstances, truth claims are politically relevant and should become the object of democratic deliberation.

DIVERSITY, ABILITY, AND DEMOCRACY: A NOTE ON THOMPSON’S CHALLENGE TO HONG AND PAGE
Daniel Kuehn
ABSTRACT: The Hong-Page theorem holds that a group of low-ability, cognitively diverse problem solvers can outperform a more uniform group of high-ability problem solvers. Abigail Thompson’s recent mathematical criticisms of the theorem are incorrect, misleading, or irrelevant to the validity of the theorem. A common thread running through Thompson’s objections is a lack of appreciation for how mathematics is used in social science. One element of her critique that has considerable value for the epistemic democracy literature, however, is her discussion of the importance of randomization for the Hong-Page result.

DELIBERATIVE DEMOCRACY AND THE SYSTEMIC TURN: REPLY TO KUYPER
Paul Gunn
ABSTRACT: According to Jonathan Kuyper, deliberative democratic theory, having taken a “systemic turn,” is now better able to deal with the complexity of the real world. Central to this development is the democratic “division of epistemic labor,” under which experts, public servants, and the politically engaged may compensate for the relative ignorance of democratic citizens at large. However, the systemic turn raises the question of whether deliberation has been reconstituted as a means to the end of citizens’ interests, or whether it remains an end in itself. To the extent that deliberation has been accepted as a means to the realization of common interests, the systemic turn begs the question of why we should expect the epistemic division of labor to be effective in identifying public policies that serve those interests. To the extent that deliberative democrats seek to avoid this problem by retaining an a priori commitment to deliberative inclusion, it is more than conceivable that the systemic turn will descend into a simplistic and unedifying form of functionalism.

Econ Journal Watch, Volume 14, Issue 2, May 2017

A king cursed: Kenneth Rogoff’s The Curse of Cash is assayed by Jeffrey Rogers Hummel, and Rogoff responds.

Stationarity problem: Brendan Beare criticizes a Journal of Econometrics article purporting to model a time series of densities as a nonstationary cointegrated process.

Music piracy coda: Stan Liebowitz replies to Felix Oberholzer-Gee and Koleman Strumpf.

Got entrepreneurship yet?: Dan Johansson and Arvid Malm search textbooks and assigned readings at top Econ Ph.D. programs.

New entries extend the Classical Liberalism in Econ, by Country series to 15 articles:

My Most Regretted Statements, a symposium, contains these contributions:

  • Monique Bégin tells of a statement she often repeated in her time as Canada’s Minister of National Health & Welfare: “Canada is the Sweden of the Americas.”
  • Michael Boskin reflects on his time as Chairman of the Council of Economic Advisers and the hazards of misattribution, of not controlling op-ed titles, and of equations going missing.
  • Tyler Cowen reflects on his circa 2007 underestimation of the likelihood of a major financial crisis.
  • Jon Elster draws from his work on defective belief formation, illustrating with his own past errors, including about the electorate binding itself and about thinking of anti-communists “as a clock that is always one hour late rather than as a broken clock that shows the right time twice a day.”
  • Richard Epstein tells of his conversion to consequentialism.
  • Sam Peltzman relates his hardy forecast in 1988 of Michael Dukakis’s impending victory over George H. W. Bush.
  • Cass Sunstein begins: “I have said a lot of things that I regret.” And he ends: “A main job of academics is to float ideas and take risks, and if they do not make mistakes, or learn enough to change their minds, well, that’s really something to regret.”

Access the symposium here.

Public Choice, Volume 171, Issue 3-4, June 2017

Reason Papers. A Journal of Interdisciplinary Normative Studies, Volume 38, no. 2 (Winter 2016),

Editorial —Carrie-Ann Biondi and Shawn Klein

Symposium: Andrew Jason Cohen’s Toleration

Comments on Andrew Jason Cohen’s Toleration

—Emily M. Crookston – 8 Comments on Andrew Jason Cohen’s Toleration —David Kelley

Response to Emily M. Crookston and David Kelley
—Andrew Jason Cohen

Articles

Freedom: Positive, Negative, Expressive —Danny Frederick 39 Memorializing Genocide I: Earlier Holocaust Documentaries

—Gary James Jason

Review Essays

The U.S. Founding: Washington’s Allies and Opponents: Review Essay of John Ferling’s Jefferson and Hamilton, Stephen Knott and Tony Williams’s Washington and Hamilton, Thomas Fleming’s The Great Divide, and Carson Holloway’s Hamilton versus Jefferson in the Washington Administration

—Richard M. Salsman 89 Review Essay: The Politics of Defeat: A Tribute to Sadik al-Azm’s Self-

Criticism after the Defeat —Kanan Makiya 100 Review Essay: Timur Kuran’s The Long Divergence: How Islamic Law Held Back the Middle East —Salim Rashid 117

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History of Political Economy, Volume 49, Number 1, March 2017

Articles

Sebastian Edwards – Gold, the Brains Trust, and Roosevelt

Nicola Giocoli – The (Rail)Road to Lochner: Reproduction Cost and the Gilded Age Controversy over Rate Regulation

Maxime Desmarais-Tremblay – Musgrave, Samuelson, and the Crystallization of the Standard Rationale for Public Good

José M. Menudo and Nicolas Rieucau – A Previously Unpublished Correspondence between Adam Smith and Joseph Nicolas de Windischgrät

Neri Salvadori and Rodolfo Signorino – Is Food Self-Sufficiency Conducive to Long-Term Growth? An Assessment of Malthus (1803) on the International Corn Trade

Danilo Freitas Ramalho da Silva – Lucas’s Research in the Late 1960s and the Natural Rate of Unemployment

Book Review

Roberto Baranzini – Léon Walras, Elements of Theoretical Economics or the Theory of Social Wealth

RIIM 62-63 (Mayo-Octubre 2015)

  • Repensando la macroeconomía del capital Adrián O. Ravier
  • El impacto del mercantilismo español en el Río de la Plata: el caso de los cueros (1790 – 1825) Lionel Alberto Barbagallo
  • ¿Es posible una teoría austríaca de la democracia? Eduardo Fernández Luiña

 La aritmética electoralista del Banco Central Federico Ferrelli Mazza

  • Tres modelos contemporáneos de ciudadanía Alejandra M. Salinas 
  • Una lectura de teoría social y política en Smith, Downs y Nino Teresa De Stefano
  • El Estado Islámico hoy Juan Manuel Quirós Canciller
  • Selección de textos de Juan Hipólito Vieytes Carlos Newland 
  • Jorge Luis Borges: conversación con el público en ESEADE

 

  • Acceda aquí a todos los trabajos.