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on History and Philosophy of Economics |
| By: | Guido Erreygers; Giovanni Di Bartolomeo |
| Abstract: | Angelo Della Riccia, born in Florence on 26 August 1867 and died in Brussels on 24 October 1938, was an Italian engineer and mathematician who spent much of his life in Belgium, working for various firms in the rapidly expanding electrical sector. He became interested in economics in the 1930s. Using his knowledge as an engineer and a mathematician, he published about 25 essays and articles on topics such as business cycle analysis, inequality and natural resources. In our paper, we examine Della Riccia's contributions to economics and explore his lack of influence on the profession. |
| Keywords: | Angelo Della Riccia, quantitative methods, business cycle analysis, Italy, Belgium |
| JEL: | B23 B31 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ter:wpaper:00195 |
| By: | Ricardo Dahis |
| Abstract: | This paper documents new facts about concentration in publishing in economics. First, the profession grows downward . The number of economists grew almost sixfold since 1990, but new entrants publish in lower-tier journals while incumbents hold the top. Second, there is high and persistent concentration at the top. Along with the downward growth, the top-1% authors accounted for 38.4% of top-5 publication credit in 1990 and for 78.3% in 2025. Third, the persistence is widespread within cohorts, within subfields, and within gender. Fourth, new journals only slightly dilute concentration. Fifth, elite authors diversify on topics faster than the rest of the profession. We interpret the findings with a screening model of attention under information overload. The evidence is consistent with the model: as the field grows, citations concentrate on established work and the conditional citation premium of top-author papers narrows. |
| Keywords: | economics of science, publishing, concentration, entry, coauthorship, scientometrics |
| JEL: | A11 A14 I23 J24 O33 |
| Date: | 2026–06–08 |
| URL: | https://d.repec.org/n?u=RePEc:mos:moswps:paper_1781831602928_319 |
| By: | Valentin Cojanu (A.S.E. - The Bucharest University of Economic Studies / Academia de Studii Economice din Bucureşti) |
| Abstract: | A philosopher and an economic historian collaborated on a concise publication documenting their conversation held at the Paris School of Economics on May 20, 2024 . This work extensively explores the discipline of economics, which is about the distribution of income and wealth prioritizing central themes such as monetary systems, market dynamics, globalization, and fiscal policy. The economic dimension is complemented with the political one, about voice and power and participation, traversing philosophical reflection, to create a highly enlightening conversation that is captivating due to its argumentative force in laying out the basic framework to think about why equality matters. |
| Keywords: | power, moral philosophy, democracy |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05628765 |
| By: | Carlos Andres Vasco Correa (Universidad de Antioquia) |
| Abstract: | ES La introducción de la psicología y la economía del comportamiento en la ciencia económica por parte del economista Richard Thaler fue reconocida con el premio nobel en 2017. Este artículo retoma parte de esas contribuciones para explorar y replantear lo que, desde hace más de un siglo, se estableció en la teoría de la oferta del trabajo desde la perspectiva microeconómica: los individuos no se comportan de forma racional, de manera sistemática —y menos en decisiones de consumo—, lo que conlleva a elecciones que no son óptimas. Este artículo plantea como hipótesis que los empleados no consideran de forma dinámica su esfuerzo en el trabajo y toman decisiones erróneas sobre la cantidad de trabajo que ofrecen, generando pérdidas sistemáticas en su bienestar y afectaciones en su productividad, lo que conlleva a la reducción de utilidades para las compañías. Se abre una línea de investigación para el aporte de nuevo conocimiento, que proponga una discusión académica interesante en relación con la intensificación de las elecciones de oferta laboral y la fatiga, siendo este un tema central en las actuales organizaciones.<p> EN The introduction of psychology and behavioral economics into economic science by economist Richard Thaler was recognized with the Nobel Prize in 2017. This article takes up part of those contributions to explore and rethink what, for more than a century, was established in labor supply theory from the microeconomic perspective: individuals do not behave rationally, systematically —and less so in consumption decisions—, leading to sub-optimal choices. This article hypothesizes that employees do not dynamically consider their effort at work and make erroneous decisions about the amount of work they offer, generating systematic losses in their welfare and affecting their productivity, which leads to reduced profits for companies. A line of research is opened for the contribution of new knowledge, which proposes an interesting academic discussion in relation to the intensification of labor supply choices and fatigue, being this a central issue in today's organizations. |
| Keywords: | jornada de trabajo; esfuerzo óptimo; salarios; agotamiento; working hours; optimal effort; wages; burnout |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:col:000418:022886 |
| By: | Oscar Esteban Morillo Martínez (Universidad Nacional de Colombia) |
| Abstract: | ES Este artículo estudia la teoría económica que se encuentra detrás de los análisis y la política pública sobre la informalidad. Para esto se realizará un repaso por la teoría hegemónica (marginalista-neoclásica) buscando comprender dicho marco teórico y su relación con la política económica. De esta manera, se presentará la principal corriente del pensamiento económico, con sus implicaciones sobre la política pública y el tratamiento de la informalidad, y se le criticará de manera profunda y concisa, hallando sus principales falencias teóricas y pretendiendo demostrar su incapacidad para describir cualquier sistema económico de forma lógica y coherente. Con esto en mente, se discutirán nociones alternativas para comprender el fenómeno de la informalidad y el desempleo, partiendo de la propuesta de la economía popular del profesor César Giraldo y continuando con la teoría de la demanda efectiva de Keynes. De aquí se desprenderán condicionantes para una política pública que pretenda, por un lado, la reducción del desempleo y, por el otro, el reconocimiento del sujeto social de la economía popular.<p> EN The paper studies the economic theory behind the analysis and the public policy about informality. For this we will review the hegemonic economic theory (marginalist-neoclassical) to grasp such theorical framework and its relationship with economic policy. The mainstream economic thought will be presented with its implications on economic policy and its treatment of informality, and it will be criticized in a deep and concise manner, finding its principal theoretic failures and pretending to show its inability to describe any economic system in a coherent and logical manner. Alternative notions about informality and unemployment will be discussed, starting from the proposal of popular economy from the professor César Giraldo and continuing with the Keynes theory of effective demand. From here on, some conditions will be deployed for a public policy that pretends, on the one hand, a reduction of unemployment and, for the other, the recognition of the popular economy social subject. |
| Keywords: | economía popular; reproducción social; demanda efectiva; crecimiento económico; informalidad; Popular economy; Social reproduction; Effective demand; Economic growth; Informality |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:col:000418:022887 |
| By: | Luca Fiorito; Giovanni Michelagnoli |
| Abstract: | This paper analyzes John Bates Clark's contribution to the "equal pay for equal work" debate on teachers' salaries in early twentieth-century New York, focusing on the tension between his abstract formulation of marginal productivity theory and his applied arguments. It shows how, while his theoretical framework presupposed homogeneous labor remunerated according to marginal product, Clark's treatment of educational labor departed from these assumptions by emphasizing opportunity costs, labor supply, and occupational attractiveness. In the 1909 Teachers' Salary Commission report, he explained gender wage di erentials through women's restricted access to alternative employment and further justified them through the family wage doctrine. The paper argues that Clark's intervention marks a shift from a productivity-based account of wages to one accommodating structural inequalities, thereby providing an economic rationale for the persistence of wage discrimination |
| Keywords: | Clark, John Bates; Education, Women; Equal pay for equal work; Marginal Productivity; Progressive era economics Jel Classification: B13; B30; J16; J31 |
| Date: | 2026–05 |
| URL: | https://d.repec.org/n?u=RePEc:usi:wpaper:943 |
| By: | Felix Bierbrauer (University of Cologne); Mattias Polborn (Vanderbilt University); Marten Ritterrath (VATT Institute for Economic Research & University of Cologne); Georg Weizsäcker (Humboldt-Universität zu Berlin) |
| Abstract: | We study the political economy of carbon taxes when neoclassical consumers take all other agents' emissions as given and socially responsible consumers internalize damages in a group-rule-utilitarian way, taking neoclassical consumers' behavior as given. We characterize political equilibrium taxes with a focus on deviations from first-best Pigouvian taxation. Welfare falls further if arguments on moral obligations to reduce carbon footprints polarize the debate in society. Finally, we present survey evidence that supports our theory: social responsibility correlates with lower consumption of brown goods, higher preferred carbon taxes, and support for moral arguments. |
| Keywords: | Political economy of taxation, carbon taxes, ethical behavior, moral dissent |
| JEL: | C9 D11 D72 H23 |
| Date: | 2026–06 |
| URL: | https://d.repec.org/n?u=RePEc:ajk:ajkdps:419 |
| By: | Quentin Belot Couloumies (UGA - Université Grenoble Alpes) |
| Abstract: | This article explores the transformation of French capitalism in the 1970s by examining budgetary control practices at PSA (Peugeot SA). Drawing on internal archives and interviews with former executives, it analyses how state-led planning, élite networks, and corporate restructuring shaped a hybrid model of management control. Rather than a straightforward 'Americanisation', the system that emerged combined long-term planning logics with increasing financial discipline. The case illustrates how budgetary tools became instruments of organisational control and financial rationalisation, reconfigured through engineering expertise, internal experimentation, and institutional entrenchment. This study contributes to the socio-historical analysis of accounting change and offers insights into the evolving architecture of post-war French capitalism. |
| Keywords: | hybridisation of control, historical sociology of accounting, French capitalism, accounting history, budgetary control, Management control, Management control budgetary control accounting history French capitalism hybridisation of control historical sociology of accounting |
| Date: | 2026–05–21 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05144790 |
| By: | Zhang, Shuangning |
| Abstract: | Mainstream Western economics has long separated politics from economics, constructing an idealized phenomenological model based on “homogeneous individuals, no classes, and no power intervention.” Using this model as a benchmark to judge China’s economic practice has produced the so-called “Ten Major Paradoxes of the Chinese Economy.” However, these paradoxes do not indicate that China’s economy violates economic laws; rather, they are the inevitable result of Western theories detaching themselves from the homologous essence of politics and economics and ignoring the underlying logic of resource allocation in human society. Starting from first principles, this paper traces the original logic of human nature, class, power, and politics, compares the core differences in social structure and governance models between China and the West, and reveals the underlying logic of China’s economic operation. It ultimately demonstrates that all the so-called “Chinese economic paradoxes” can be completely explained within the framework of “political-economic integrated resource allocation.” The confusion in Western economics stems essentially from the limitations of its own theoretical framework, not from any anomaly in the Chinese economy. |
| Keywords: | Political-Economic Integration, Resource Allocation, Chinese Economy, Economic Paradox, Governance Model |
| JEL: | B41 B51 O5 P21 P26 |
| Date: | 2025–05–04 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:128985 |
| By: | Ebun Akinsete (ICRE8); Konstantinos Georgalos; Phoebe Koundouri (Dept. of International and European Economic Studies, Athens University of Economics and Business); Anastasia Litina; Lydia Papadaki; Nikitas Pittis (University of Piraeus, Greece); Panagiotis Samartzis |
| Abstract: | This paper provides an overview of the evolving role of fairness in economic thought and discusses how it is related to contemporary policy design. We first discuss the conceptual foundations of fairness in economics by discussing the notions of equity, justice, and efficiency and highlighting they're between differences. Acknowledging the tradeoff between fairness and allocative efficiency we discuss how the economics discipline has addressed this challenge and has provided tools that facilitate prioritizing and decision making. We then study how we can measure and capture fairness in a way that will allow us to quantify the concept and include it in our theoretical and empirical models as well as in experimental settings. Third, we highlight the policy implications associated with fairness literature. Last, the paper applies these theoretical insights to the governance of water resources-a sector where distributional conflicts, environmental constraints, and institutional complexity intersect. Relying on interdisciplinary research and policy examples, we uncover how fairness principles can shape water allocation, access, and pricing. The paper overall argues that accounting for fairness more explicitly into economic analysis can enrich both normative and practical policy frameworks, especially in resource-scarce contexts. |
| Date: | 2026–06–09 |
| URL: | https://d.repec.org/n?u=RePEc:aue:wpaper:2615 |
| By: | MESNIL DUPRAT, Mikael |
| Abstract: | Since 2022, "polycrisis" has become a global category of analysis (ECB, IMF, UN, COP climate conferences, Davos, public-policy think tanks), yet this institutional success has been accompanied by an almost total effacement of its theoretical source. This article reconstructs fifty years of that genealogy (1976-2026). Edgar Morin laid the foundations as early as 1976 in "Pour une crisologie" (a return to the Greek krisis, a reflexive problematization of the "crisis of the concept of crisis"). The term and concept appear in 1993 in Terre-Patrie, are reformulated in 2011 (La Voie) and extended in 2014 (Enseigner à vivre). Method. Three cross-referenced corpora: four founding Morinian texts; 257 academic texts (1993-2024) manually coded on 51 variables; a multilingual bibliometric survey across five civilizational areas and fifteen linguistic variants. Triangulation across three sources of different natures is required. The coded corpus will be deposited as open supplementary data. Four results. (1) Explicit citation of Morin falls from 100% in 1993-2006 to 6% in 2022-2024; Google Scholar mentions rise from fewer than 100 to more than 7, 600 annual occurrences between 2020 and 2025; the share of English rises from 40% to 83%. (2) Three multilingual anteriorities: "policrisis" in Spanish in Buenos Aires as early as 1993 (29 years before Davos-Tooze); two Chinese calques by Ma Shengli in 1997 (16 years before the Japanese use); continuous Hispanophone academic diffusion since 1995. (3) The Bakhtin-Morin filiation is philologically refuted: only three occurrences across 19 cardinal works, all in non-conceptual contexts; the lineage is named by Morin himself (1999 Chinese preface) without Bakhtin. (4) Three translational shifts in Homeland Earth (Hampton Press, 1999) contribute to the concept's invisibility in the pre-2022 Anglophone reception. Four analytical contributions: second-order crisis; a four-register typological grid (R1-R4); qualitative substitution characterizing the post-2022 paradigmatic relocation; a mapping in six contemporary prisms of polycrisis. Results are ranked across three levels of proof. The stance is explicitly claimed as a regulative ideal in the Kantian sense. Four external philological verifications remain open without affecting the main results. Résumé en français. Cet article retrace cinquante ans de généalogie du concept de polycrise (1976-2026). À partir de trois corpus triangulés couvrant quinze langues, il documente l'érosion de la citation explicite de Morin (100 % à 6 %), trois antériorités multilingues (espagnol 1993, chinois 1997, japonais 2013), l'infirmation philologique de la prétendue filiation Bakhtine-Morin, et trois glissements traductifs dans Homeland Earth (1999). Quatre outils analytiques sont proposés. Bilingual edition. French version of record: De la crisologie à polycrisis : Généalogie du concept de polycrise (DOI 10.5281/zenodo.20369644). English version: DOI 10.5281/zenodo.20539381. |
| Date: | 2026–06–03 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:amwr5_v1 |
| By: | Claude DIEBOLT (BETA/CNRS & University of Strasbourg) |
| URL: | https://d.repec.org/n?u=RePEc:afc:wpaper:02-25 |
| By: | Jean-Daniel BOYER (BETA/CNRS & University of Strasbourg); Claude DIEBOLT (BETA/CNRS & University of Strasbourg); Michael HAUPERT (University of Wisconsin-La Crosse (USA)) |
| URL: | https://d.repec.org/n?u=RePEc:afc:wpaper:04-25 |
| By: | Jean-Daniel BOYER (BETA/CNRS & University of Strasbourg) |
| URL: | https://d.repec.org/n?u=RePEc:afc:wpaper:05-25 |