[Selections by Humberto Barreto for SHOE list.]
nep-hpe <http://nep.repec.org/nep-hpe.html> New Economics Papers
<http://nep.repec.org/> on History and Philosophy of Economics
Issue of 2023‒03‒13
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. Ladislaus von Bortkiewicz’s Errors and a Reliable Solution to the
Marxian Problem of Transformation in Direct and Inverse Formulation
<https://mail.google.com/mail/u/0/#m_-533380741611438117_p1> By Kalyuzhnyi,
Valeriy
<http://econpapers.repec.org/scripts/search.pf?aus=Kalyuzhnyi,%20Valeriy>
2. Why we struggle to realise the value of data
<https://mail.google.com/mail/u/0/#m_-533380741611438117_p2> By Fussell,
Cathy
<http://econpapers.repec.org/scripts/search.pf?aus=Fussell,%20Cathy>
3. Similarities and differences on solidarity economy between Argentina
and France <https://mail.google.com/mail/u/0/#m_-533380741611438117_p3>
By Eric Dacheux
<http://econpapers.repec.org/scripts/search.pf?aus=Eric%20Dacheux>; Gloria
Maffet
<http://econpapers.repec.org/scripts/search.pf?aus=Gloria%20Maffet>
4. Thermodynamik – grundlegende Einsichten für ein Verständnis von
Umweltproblemen
<https://mail.google.com/mail/u/0/#m_-533380741611438117_p4> By Faber,
Malte <http://econpapers.repec.org/scripts/search.pf?aus=Faber,%20Malte>
; Rudolf, Marco
<http://econpapers.repec.org/scripts/search.pf?aus=Rudolf,%20Marco>; Frick,
Marc <http://econpapers.repec.org/scripts/search.pf?aus=Frick,%20Marc>;
Becker,
Mi-Yong
<http://econpapers.repec.org/scripts/search.pf?aus=Becker,%20Mi-Yong>
5. On the (In)Plausibility of Dutch Book Arguments for the Rationality
of Beliefs <https://mail.google.com/mail/u/0/#m_-533380741611438117_p5>
By Phoebe Koundouri
<http://econpapers.repec.org/scripts/search.pf?aus=Phoebe%20Koundouri>;
Nikitas
Pittis
<http://econpapers.repec.org/scripts/search.pf?aus=Nikitas%20Pittis>;
Panagiotis
Samartzis
<http://econpapers.repec.org/scripts/search.pf?aus=Panagiotis%20Samartzis>
------------------------------
1. Ladislaus von Bortkiewicz’s Errors and a Reliable Solution to the
Marxian Problem of Transformation in Direct and Inverse Formulation
<http://econpapers.repec.org/RePEc:osf:osfxxx:7urz8>
By: Kalyuzhnyi, Valeriy
<http://econpapers.repec.org/scripts/search.pf?aus=Kalyuzhnyi,%20Valeriy>
Abstract: The paper argues that economists still regard the solution to
the problem of the transformation of values into prices of production, got
by L. von Bortkiewicz, as belonging to Marx himself. After all, it was
allegedly “correctly corrected” by the said author in 1907. Bortkiewicz
based his solution on several erroneous interpretations’ theory of Marx.
Because of Bortkiewicz’s errors, the representatives of the mainstream see
no connection between the “value system” and the “production price system”.
They claim that the transformation problem itself results from
impossibility and that Marxist value theory is, at best, irrelevant and
irremediably inconsistent. The paper shows that the solution to the
transformation issue exists in both the direct and inverse formulation. We
used for this purpose the Tugan-Baranowsky—Bortkiewicz three-sector model.
These results are consistent with the concept of Marx within the dualistic
approach. They coincide with the results generated by the author in his
previous work (see https://osf.io/tk43d/). In the present paper, we
introduce methods and examples of transformation, including iterative and
based on solving systems of simultaneous equations. We prove again with
their help that at equilibrium prices, profit arises from surplus value, or
more precisely, from the newly created value generated by workers’ labour
and from no other source. We also show that a dualistic approach to
transformation allows us to see the advantages of value prices, which,
unlike production prices, do not limit the growth of the productive power
of labour when enterprises introduce new machines. Value prices are in
demand under socialism.
Date: 2022–03–01
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:7urz8&r=hpe
2. Why we struggle to realise the value of data
<http://econpapers.repec.org/RePEc:osf:socarx:u8zcx>
By: Fussell, Cathy
<http://econpapers.repec.org/scripts/search.pf?aus=Fussell,%20Cathy>
Abstract: Governments and businesses are under pressure to realise the
value of data, yet value realisation is often elusive. This paper examines
the origins and logics of the discourses that underpin the drive to invest
in data and analytics. It finds that a linear-mechanic logic scaffolds the
ideas drawn from public administration theory, economics, and theories of
data and evidence use that permeate government, business, and academic
framings. However, within the critique of these ideas, another pattern
emerges. The view that simple metrics and universal solutions should guide
and evaluate the actions of centralised, hierarchical decision makers
competes with an alternative perspective. Value creation and its
consumption are increasingly seen as a collective and complex endeavour.
Yet we lack theories of value to support this approach. In response, this
paper proposes that a new theory of value is required if we are to
understand and articulate what collective value looks like and how to
create it. Subsequent papers propose that new theory.
Date: 2023–02–05
URL: http://d.repec.org/n?u=RePEc:osf:socarx:u8zcx&r=hpe
3. Similarities and differences on solidarity economy between Argentina
and France <http://econpapers.repec.org/RePEc:hal:journl:hal-03944087>
By: Eric Dacheux
<http://econpapers.repec.org/scripts/search.pf?aus=Eric%20Dacheux> (UCA
- Université Clermont Auvergne); Gloria Maffet
<http://econpapers.repec.org/scripts/search.pf?aus=Gloria%20Maffet> (UCA
- Université Clermont Auvergne)
Abstract: The aim of this work is to better understand the specificity
of Latin American (and more precisely Argentinean) approaches to SSE by
comparing it to a European (French) approach. We present the historical
context and the evolution of the solidarity economy in Argentina and France
(I). Then we will highlight the different conceptualization between José
Luis Coraggio and Jean Louis Laville, the two most recognized researchers
on the solidarity economy in these two countries. It should be noted that
if these differences were important in their first respective
conceptualizations (II), they seem to fade away in the more recent
formalization (III).
Abstract: El objetivo de este trabajo es comprender mejor la
especificidad de los enfoques latinoamericanos (y más precisamente
argentinos) de la ESS comparándolos con un enfoque europeo (francés).
Presentamos el contexto histórico y la evolución de la economía solidaria
en Argentina y Francia (I). A continuación, destacaremos la diferente
conceptualización entre José Luis Coraggio y Jean Louis Laville, los dos
investigadores más reconocidos sobre la economía solidaria en estos dos
países. Cabe señalar que si estas diferencias eran importantes en sus
respectivas conceptualizaciones iniciales (II), parecen desvanecerse en la
formalización más reciente (III).
Abstract: Le but de ce travail est de mieux comprendre la spécificité
des approches latino-américaine (et plus précisément argentine) de l'ESS en
la comparant à une approche européenne (française). Nous présentons le
contexte historique et l'évolution de l'économie solidaire en Argentine et
en France (I). Puis nous mettrons en lumière la conceptualisation
différente entre José Luis Coraggio et Jean Louis Laville les deux
chercheurs les plus reconnus sur l'économie solidaire dans ces deux pays.
Il est à noter que si ces différences étaient importantes dans leurs
premières conceptualisations respectives (II), elles semblent s'estomper
dans la formalisation plus récente (III).
Keywords: solidaity économy, theory, comparatism, Economía solidaria,
teoría, comparatismo, economie solidaire, theorie, économie
Date: 2021–06–29
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03944087&r=hpe
4. Thermodynamik – grundlegende Einsichten für ein Verständnis von
Umweltproblemen <http://econpapers.repec.org/RePEc:awi:wpaper:0725>
By: Faber, Malte
<http://econpapers.repec.org/scripts/search.pf?aus=Faber,%20Malte>; Rudolf,
Marco <http://econpapers.repec.org/scripts/search.pf?aus=Rudolf,%20Marco>
; Frick, Marc
<http://econpapers.repec.org/scripts/search.pf?aus=Frick,%20Marc>; Becker,
Mi-Yong
<http://econpapers.repec.org/scripts/search.pf?aus=Becker,%20Mi-Yong>
Abstract: In this paper, we present a way that allows to make
fundamental statements about how economic action entails harmful effects on
the environment. These effects are due to natural scientific reasons and
are particularly present in the industrialised economy. The starting point
of our considerations is that every economic action requires energy, of
which many different forms exist. Taking all of these forms into account,
heat energy has a particular significance, because other forms of energy
can never appear in isolation, but only conjointly with heat energy. For
this reason, the branch of physics that deals primarily with energy is
called thermodynamics. The study of thermodynamics yields the central link
between economic activity and its environmental impact. Understanding basic
insights of thermodynamics enables decision-makers in environmental policy
to understand the nature of environmental problems and to develop possible
solutions. First, we deal with the connection between physical work and
heat. Then we explain the two main Laws of Thermodynamics and go into
detail about the concept of entropy. We use Boltzmann's approach of the
degree of order to give an illustration of the entropy concept. We then
turn to the consideration of thermodynamics in economics, first provided by
Georgescu-Roegen in 1971. Following this we explain the importance of
thermodynamics for environmental policy. We conclude with a summary. In
diesem Beitrag stellen wir einen Weg vor, der es erlaubt, grundsätzliche
Aussagen darüber zu treffen, dass wirtschaftliches Handeln schädliche
Auswirkungen auf die Umwelt mit sich bringt. Diese Auswirkungen sind
naturwissenschaftlich bedingt und treten insbesondere in der
industrialisierten Wirtschaft auf. Ausgangspunkt unserer Überlegungen ist,
dass jedes wirtschaftliche Handeln Energie benötigt, von der es viele
verschiedene Formen gibt. Unter Berücksichtigung all dieser Formen kommt
der Wärmeenergie eine besondere Bedeutung zu, da andere Energieformen nie
isoliert, sondern nur in Verbindung mit der Wärmeenergie auftreten können.
Aus diesem Grund wird der Zweig der Physik, der sich hauptsächlich mit
Energie beschäftigt, Thermodynamik genannt. Das Studium der Thermodynamik
stellt die zentrale Verbindung zwischen wirtschaftlicher Tätigkeit und
ihren Auswirkungen auf die Umwelt her. Das Verständnis grundlegender
Erkenntnisse der Thermodynamik ermöglicht es Entscheidungsträgern in der
Umweltpolitik, das Entstehen von Umweltproblemen zu verstehen und mögliche
Lösungen zu entwickeln. Zunächst befassen wir uns mit dem Zusammenhang
zwischen physikalischer Arbeit und Wärme. Dann erläutern wir die beiden
Hauptsätze der Thermodynamik und gehen ausführlich auf das Konzept der
Entropie ein. Zur Veranschaulichung des Entropiekonzepts verwenden wir den
Boltzmann'schen Ansatz des Ordnungsgrades. Anschließend wenden wir uns der
Betrachtung der Thermodynamik in den Wirtschaftswissenschaften zu, die
erstmals von Georgescu-Roegen im Jahr 1971 vorgelegt wurde. Anschließend
erläutern wir die Bedeutung der Thermodynamik für die Umweltpolitik. Wir
schließen mit einer Zusammenfassung.
Keywords: Classical Mechanics; Joint Production; Environmental Problems;
Thermodynamics; Energy; Entropy; Irreversibility; Efficiency
Date: 2023–02–14
URL: http://d.repec.org/n?u=RePEc:awi:wpaper:0725&r=hpe
5. On the (In)Plausibility of Dutch Book Arguments for the Rationality
of Beliefs <http://econpapers.repec.org/RePEc:aue:wpaper:2306>
By: Phoebe Koundouri
<http://econpapers.repec.org/scripts/search.pf?aus=Phoebe%20Koundouri>;
Nikitas
Pittis
<http://econpapers.repec.org/scripts/search.pf?aus=Nikitas%20Pittis>
(University
of Piraeus, Greece); Panagiotis Samartzis
<http://econpapers.repec.org/scripts/search.pf?aus=Panagiotis%20Samartzis>
Abstract: Economic rationality demands the decision maker (DM)'s degrees
of beliefs to be coherent, that is to obey the rules of probability
calculus. This view is usually referred to as Probabilism. Among the
various justifications of Probabilism, the Dutch Book Argument (DBA)
occupies a prominent place. DBA purports to show that DM's aversion to sure
financial losses is sufficient to ensure that her beliefs are coherent. A
tacit assumption of DBA is that DM is capable to implement a heuristic
error-correction process, ECC, that yields rational beliefs. The main aim
of this paper is to challenge this assumption. In order for DBA to be
convincing, ECC must empower DM to detect each and every Dutch Book that
may be made against her, no matter how complex this Book turns out to be. A
complex Dutch book is one that requires very sophisticated calculations
before its financial consequences are deduced. In the presence of complex
Dutch Books, the only point that DBA makes clear is that DM has to be
'computational omnipotent' on pain of incoherence.
JEL: C44 D81 D83 D89
<http://econpapers.repec.org/scripts/search.pf?jel=C44%20D81%20D83%20D89>
Date: 2023–02–20
URL: http://d.repec.org/n?u=RePEc:aue:wpaper:2306&r=hpe
------------------------------
This nep-hpe issue is ©2023 by <http://econpapers.repec.org/RAS/pth72.htm>Erik
Thomson. It is provided as is without any express or implied warranty. It
may be freely redistributed in whole or in part for any purpose. If
distributed in part, please include this notice.
General information on the NEP project can be found at http://nep.repec.org.
For comments please write to the director of NEP, Marco Novarese
<http://novarese.org/> at <[log in to unmask]>. Put “NEP” in the
subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by
the School of Economics and Finance of Massey University in New Zealand.
|