[Selections by Humberto Barreto for SHOE list.]
nep-hpe <https://nep.repec.org/nep-hpe.html> New Economics Papers
<https://nep.repec.org/> on History and Philosophy of Economics
Issue of 2024‒03‒11
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>,
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. "I Get by With a Little Help From My Friends ...": An Editor’s
Retrospective
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p1> By Medema,
Steven G
<http://econpapers.repec.org/scripts/search.pf?aus=Medema,%20Steven%20G>
2. Neither Economist nor Historian
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p2> By Weintraub,
E. Roy
<http://econpapers.repec.org/scripts/search.pf?aus=Weintraub,%20E.%20Roy>
3. The History of Economics Society Fifty Year Anniversary: Thoughts on
my HES Life <https://mail.google.com/mail/u/0/#m_1383651332718180347_p3>
By Rutherford, Malcolm
<http://econpapers.repec.org/scripts/search.pf?aus=Rutherford,%20Malcolm>
4. Review of “The Monetarists: the Making of the Chicago Monetary
Tradition, 1927-1960” by George S Tavlas
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p4> By Rockoff,
Hugh <http://econpapers.repec.org/scripts/search.pf?aus=Rockoff,%20Hugh>
5. HES at 50—Reflections from the Geneva Lakeside on the Non-neutrality
of History <https://mail.google.com/mail/u/0/#m_1383651332718180347_p5>
By maas, harro
<http://econpapers.repec.org/scripts/search.pf?aus=maas,%20harro>
6. Reflections on The History of Economics Society at 50: Losing our Way?
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p6> By Davis,
John B.
<http://econpapers.repec.org/scripts/search.pf?aus=Davis,%20John%20B.>
7. Remembrances of a Treasurer: 1999-2015
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p7> By Niman,
Neil B.
<http://econpapers.repec.org/scripts/search.pf?aus=Niman,%20Neil%20B.>
8. Recollections of my Time at the History of Economics Society
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p8> By Boianovsky,
Mauro
<http://econpapers.repec.org/scripts/search.pf?aus=Boianovsky,%20Mauro>
9. Review of “Cold War Social Science: Transnational Entanglements”
edited by Mark Solovey and Christian Dayé
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p9> By Stapleford,
Thomas
<http://econpapers.repec.org/scripts/search.pf?aus=Stapleford,%20Thomas>
10. The Famous American Economist H. Markowitz and Mathematical Overview
of his Portfolio Selection Theory
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p10> By Ignas
Gasparavi\v{c}ius
<http://econpapers.repec.org/scripts/search.pf?aus=Ignas%20Gasparavi%5Cv%7Bc%7Dius>
; Andrius Grigutis
<http://econpapers.repec.org/scripts/search.pf?aus=Andrius%20Grigutis>
11. Reflections on the State of the History of Economics
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p11> By Schabas,
Margaret
<http://econpapers.repec.org/scripts/search.pf?aus=Schabas,%20Margaret>
12. Review of “Money, Debt and Politics: The Bank of Lisbon and the
Portuguese Liberal Revolution of 1820” by José Luís Cardoso
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p12> By Coutinho,
Mauricio C.
<http://econpapers.repec.org/scripts/search.pf?aus=Coutinho,%20Mauricio%20C.>
13. The Long and Unfinished Road to Friedman and Meiselman’s “The
Relative Stability of Monetary Velocity and the Investment Multiplier”
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p13> By Tavlas,
George S.
<http://econpapers.repec.org/scripts/search.pf?aus=Tavlas,%20George%20S.>
14. Review of “Inventing the Third World: In Search of Freedom for the
Postwar Global South” edited by Jeremy Adelman and Gyan Prakash
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p15> By Bach,
Maria <http://econpapers.repec.org/scripts/search.pf?aus=Bach,%20Maria>
15. HES conferences: a learning experience
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p16> By Cardoso,
José Luís
<http://econpapers.repec.org/scripts/search.pf?aus=Cardoso,%20Jos%C3%A9%20Lu%C3%ADs>
16. How Relevant is the Gandhian Political Economy for Today’s India?
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p17> By Karmakar,
Asim K.
<http://econpapers.repec.org/scripts/search.pf?aus=Karmakar,%20Asim%20K.>
; Jana, Sebak Kumar
<http://econpapers.repec.org/scripts/search.pf?aus=Jana,%20Sebak%20Kumar>
17. The Long Way of Actions towards Ethics and Morality
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p18> By
Gabriel-Alin
Ciocoiu
<http://econpapers.repec.org/scripts/search.pf?aus=Gabriel-Alin%20Ciocoiu>
18. EDGARD MILHAUD AND THE CASE FOR ESTABLISHING AN INTERNATIONAL
CLEARING UNION IN THE 1930s. A FORGOTTEN FORERUNNER OF KEYNES?
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p19> By Faudot,
Adrien
<http://econpapers.repec.org/scripts/search.pf?aus=Faudot,%20Adrien>;
Nenovsky,
Nikolay
<http://econpapers.repec.org/scripts/search.pf?aus=Nenovsky,%20Nikolay>
19. Developments in risk and insurance economics: The past 50 years
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p20> By Loubergé,
Henri
<http://econpapers.repec.org/scripts/search.pf?aus=Louberg%C3%A9,%20Henri>
; Dionne, Georges
<http://econpapers.repec.org/scripts/search.pf?aus=Dionne,%20Georges>
20. Market Democracy, Rising Populism, and Contemporary Ordoliberalism
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p21> By Malte
Dold <http://econpapers.repec.org/scripts/search.pf?aus=Malte%20Dold>; Tim
Krieger <http://econpapers.repec.org/scripts/search.pf?aus=Tim%20Krieger>
21. Times of Change
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p22> By Boumans,
Marcel
<http://econpapers.repec.org/scripts/search.pf?aus=Boumans,%20Marcel>;
Forget,
Evelyn
<http://econpapers.repec.org/scripts/search.pf?aus=Forget,%20Evelyn>
22. Opposite ethical views converge under the threat of catastrophic
climate change
<https://mail.google.com/mail/u/0/#m_1383651332718180347_p23> By Aurélie
Méjean
<http://econpapers.repec.org/scripts/search.pf?aus=Aur%C3%A9lie%20M%C3%A9jean>
; Antonin Pottier
<http://econpapers.repec.org/scripts/search.pf?aus=Antonin%20Pottier>;
Stéphane
Zuber
<http://econpapers.repec.org/scripts/search.pf?aus=St%C3%A9phane%20Zuber>
; Marc Fleurbaey
<http://econpapers.repec.org/scripts/search.pf?aus=Marc%20Fleurbaey>
------------------------------
1. "I Get by With a Little Help From My Friends ...": An Editor’s
Retrospective <http://econpapers.repec.org/RePEc:osf:socarx:nujcm>
By: Medema, Steven G
<http://econpapers.repec.org/scripts/search.pf?aus=Medema,%20Steven%20G>
Abstract: In this article, Steven Medema provides some reflections on
his tenure as editor of the Journal of the History of Economic Thought
(1999 – 2008). This was a time of significant transition in the life of the
journal, and the successful navigation of this period provides an excellent
illustration of how much an editor and a journal rely on the assistance and
support of both key individuals and the broader community of scholars in
the field.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:nujcm&r=hpe
2. Neither Economist nor Historian
<http://econpapers.repec.org/RePEc:osf:socarx:tazd7>
By: Weintraub, E. Roy
<http://econpapers.repec.org/scripts/search.pf?aus=Weintraub,%20E.%20Roy>
Abstract: Founded fifty years ago, the History of Economics Society
served in its early years to support scholarship and teaching in the
history of economic thought. But the decades long removal of history from
economics departments and graduate programs has made the Society’s mission
increasingly irrelevant to the larger community of economists. In this
partially autobiographical essay, the author argues that it is long past
time for the Society to reassess its place among learned societies. Some
suggestions for HES renewal appear in the paper’s Appendix.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:tazd7&r=hpe
3. The History of Economics Society Fifty Year Anniversary: Thoughts on
my HES Life <http://econpapers.repec.org/RePEc:osf:socarx:psv94>
By: Rutherford, Malcolm
<http://econpapers.repec.org/scripts/search.pf?aus=Rutherford,%20Malcolm>
Abstract: This paper outlines my own career within the History of
Economics Society, my contributions to the society, and its central
importance to my research endeavors. It is impossible for me to imagine
having the career I have had without the HES, and my own case highlights
how the society functioned to mentor and develop my academic career. This
mentoring function is, in my view, the society’s most important, and one
that has become only more vital in the face of the declining interest in
the area within mainstream economics departments in the US, Canada, and the
UK.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:psv94&r=hpe
4. Review of “The Monetarists: the Making of the Chicago Monetary
Tradition, 1927-1960” by George S Tavlas
<http://econpapers.repec.org/RePEc:osf:socarx:kcx59>
By: Rockoff, Hugh
<http://econpapers.repec.org/scripts/search.pf?aus=Rockoff,%20Hugh>
Abstract: Review of “The Monetarists: the Making of the Chicago Monetary
Tradition, 1927-1960” by George S Tavlas.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:kcx59&r=hpe
5. HES at 50—Reflections from the Geneva Lakeside on the Non-neutrality
of History <http://econpapers.repec.org/RePEc:osf:socarx:u9324>
By: maas, harro
<http://econpapers.repec.org/scripts/search.pf?aus=maas,%20harro>
Abstract: This paper provides a personal reflection on the development,
over 50 years, of the History of Economics Society. The (perhaps obvious)
punchline is that history writing is not neutral, but entails stances about
power and politics. These stances are all the more relevant in today's
context, in which money buys history.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:u9324&r=hpe
6. Reflections on The History of Economics Society at 50: Losing our Way?
<http://econpapers.repec.org/RePEc:osf:socarx:ab7qr>
By: Davis, John B.
<http://econpapers.repec.org/scripts/search.pf?aus=Davis,%20John%20B.>
Abstract: The task given to me for this issue was to discuss the
history, challenges, and accomplishments of the History of Economics
Society (HES) as I see them from my vantage point as a past president. I
frame my remarks in terms of changes I believe have occurred in how our
field has been pursued in the Society since I became involved.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:ab7qr&r=hpe
7. Remembrances of a Treasurer: 1999-2015
<http://econpapers.repec.org/RePEc:osf:socarx:7uqgc>
By: Niman, Neil B.
<http://econpapers.repec.org/scripts/search.pf?aus=Niman,%20Neil%20B.>
Abstract: For sixteen years, Neil Niman served as the treasurer of the
History of Economics Society. It was a period of financial prosperity that
enabled the society to undertake a number of new initiatives. This essay
enumerates some of those changes and provides important insights into the
workings of the society between 1999 – 2015.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:7uqgc&r=hpe
8. Recollections of my Time at the History of Economics Society
<http://econpapers.repec.org/RePEc:osf:socarx:f83r9>
By: Boianovsky, Mauro
<http://econpapers.repec.org/scripts/search.pf?aus=Boianovsky,%20Mauro>
Abstract: This is an invited contribution to the JHET celebration of 50
years of the HES. I share some of my recollections of roughly 3 decades of
participation in various capacities, especially as author and sessions
organizer. In the end, some thoughts are advanced about the future of the
HES.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:f83r9&r=hpe
9. Review of “Cold War Social Science: Transnational Entanglements”
edited by Mark Solovey and Christian Dayé
<http://econpapers.repec.org/RePEc:osf:socarx:q8k5y>
By: Stapleford, Thomas
<http://econpapers.repec.org/scripts/search.pf?aus=Stapleford,%20Thomas>
Abstract: Review of “Cold War Social Science: Transnational
Entanglements” edited by Mark Solovey and Christian Dayé.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:q8k5y&r=hpe
10. The Famous American Economist H. Markowitz and Mathematical Overview
of his Portfolio Selection Theory
<http://econpapers.repec.org/RePEc:arx:papers:2402.10253>
By: Ignas Gasparavi\v{c}ius
<http://econpapers.repec.org/scripts/search.pf?aus=Ignas%20Gasparavi%5Cv%7Bc%7Dius>
; Andrius Grigutis
<http://econpapers.repec.org/scripts/search.pf?aus=Andrius%20Grigutis>
Abstract: This survey article is dedicated to the life of the famous
American economist H. Markowitz (1927--2023). We do revisit the main
statements of the portfolio selection theory in terms of mathematical
completeness including all the necessary auxiliary details.
Date: 2024–02
URL: http://d.repec.org/n?u=RePEc:arx:papers:2402.10253&r=hpe
11. Reflections on the State of the History of Economics
<http://econpapers.repec.org/RePEc:osf:socarx:hpjz9>
By: Schabas, Margaret
<http://econpapers.repec.org/scripts/search.pf?aus=Schabas,%20Margaret>
Abstract: This short piece celebrates the fifty-year old History of
Economics Society. As a professor for the past forty years, I have served
on virtually every committee for the HES, as well as its President in
2013-14. I have also served for thirty years on the advisory board for the
leading journal in our field, History of Political Economy, and am
currently on the editorial boards for both JHET and EJHET. This article
records several observations of general trends and patterns, such as the
diversification of our subject in terms of nationality and gender, as well
as the burgeoning cross-disciplinarity scholarship.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:hpjz9&r=hpe
12. Review of “Money, Debt and Politics: The Bank of Lisbon and the
Portuguese Liberal Revolution of 1820” by José Luís Cardoso
<http://econpapers.repec.org/RePEc:osf:socarx:dnmrw>
By: Coutinho, Mauricio C.
<http://econpapers.repec.org/scripts/search.pf?aus=Coutinho,%20Mauricio%20C.>
Abstract: Review of “Money, Debt and Politics: The Bank of Lisbon and
the Portuguese Liberal Revolution of 1820” by José Luís Cardoso.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:dnmrw&r=hpe
13. The Long and Unfinished Road to Friedman and Meiselman’s “The
Relative Stability of Monetary Velocity and the Investment Multiplier”
<http://econpapers.repec.org/RePEc:osf:socarx:vq4ht>
By: Tavlas, George S.
<http://econpapers.repec.org/scripts/search.pf?aus=Tavlas,%20George%20S.>
Abstract: Milton Friedman and David Meiselman’s 1963 article “The
Relative Stability of Monetary Velocity and the Investment Multiplier in
the United States, 1897-1958, ” was one of the most influential studies to
come out of the Keynesian-monetarist debates of the 1960s and 1970s. The
gestation of the article, however, is shrouded with considerable inaccuracy
and ambiguity. I use archival materials to provide a more accurate
chronological ordering of the gestation of the article than has hitherto
been available. I show that the gestation was subject to considerable
delays. I provide reasons that explain why a long-promised follow-up paper
was never completed and why a book sequel to Friedman’s 1956 Studies in the
Quantity Theory of Money, planned as a co-edited work shortly after the
appearance of the Friedman and Meiselman 1963 article, was not published
until 1970 and was edited by Meiselman alone.
Date: 2024–01–26
URL: http://d.repec.org/n?u=RePEc:osf:socarx:vq4ht&r=hpe
14. Review of “Inventing the Third World: In Search of Freedom for the
Postwar Global South” edited by Jeremy Adelman and Gyan Prakash
<http://econpapers.repec.org/RePEc:osf:socarx:eybwm>
By: Bach, Maria
<http://econpapers.repec.org/scripts/search.pf?aus=Bach,%20Maria>
Abstract: Review of “Inventing the Third World: In Search of Freedom for
the Postwar Global South” edited by Jeremy Adelman and Gyan Prakash.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:eybwm&r=hpe
15. HES conferences: a learning experience
<http://econpapers.repec.org/RePEc:osf:socarx:ms7yg>
By: Cardoso, José Luís
<http://econpapers.repec.org/scripts/search.pf?aus=Cardoso,%20Jos%C3%A9%20Lu%C3%ADs>
Abstract: Attending the annual HES conferences is a fantastic learning
experience. In this personal testimony I try to explain the reasons for
this enthusiasm, around three fundamental aspects: the innovations and
changes in the historiographical field of the history of economics, the
informal governance of a dynamic community, and the relevance of
methodological pluralism as a guide for research development.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:ms7yg&r=hpe
16. How Relevant is the Gandhian Political Economy for Today’s India?
<http://econpapers.repec.org/RePEc:pra:mprapa:119582>
By: Karmakar, Asim K.
<http://econpapers.repec.org/scripts/search.pf?aus=Karmakar,%20Asim%20K.>
; Jana, Sebak Kumar
<http://econpapers.repec.org/scripts/search.pf?aus=Jana,%20Sebak%20Kumar>
Abstract: Mohandas Karamchand Gandhi (1869-1948), known as ‘Mahatma’,
meaning ‘great-souled’ as people called him, was born on 2nd October 1869
at Porbandar in India. He was the first to warn the then-Indian leaders,
policymakers, and his followers in the late 1940s about the dangers of high
inequality in income and wealth distribution prevalent between the rich and
the poor in India. This shows his power of visionary gleams and his
awareness of the political economy. Gandhi’s vision of non-violence,
ahimsa, and right action was based on the idea of the total spiritual
interconnectedness and divinity of life as a whole. He was also the first
to create three principles of sustainable development: Sarvodaya, Swadeshi,
and Satyagraha, aptly relevant to today’s India. His idea of creating of
economically self-sufficient local economy is now at the closest proximity
to 'Atmanirbhar Bharat' which he tried to launch many years back. It is in
this context we try to explore the relevance of Gandhian political economy
for today’s India.
Keywords: Political economy, Platform capitalism, Sarvodaya, Satyagraha,
Sustainable development
JEL: B3 <http://econpapers.repec.org/scripts/search.pf?jel=B3>
Date: 2023–12–27
URL: http://d.repec.org/n?u=RePEc:pra:mprapa:119582&r=hpe
17. The Long Way of Actions towards Ethics and Morality
<http://econpapers.repec.org/RePEc:smo:raiswp:0347>
By: Gabriel-Alin Ciocoiu
<http://econpapers.repec.org/scripts/search.pf?aus=Gabriel-Alin%20Ciocoiu>
(University
of Political and Economic European Studies Constantin Stere, Republic of
Moldova)
Abstract: The concepts presented in this article are based on the
context of morality.The analytical grasp of morality results in its
identification as a property of what is moral, the nature, character, value
of a fact, of the conduct of a person, or of a collectivity from a moral
standpoint. Morality does not offer answers to specific questions but it
only indicates whether something—a fact, an idea, or an action—is
acceptable or unacceptable from a moral point of view. Morality may align
with a certain set of laws while conflicting with another. In ethics, there
are no categorical laws and there are no orders, there are only actions
that are congruent with an ethical current and incongruent attitudes. We
subscribe to the idea that ethics teaches individuals how to think but does
not prescribe what to think. Like morality, ethics is not an absolute
phenomenon.
Keywords: ethics, morals, moral values, morality, human behaviors
Date: 2023–11
URL: http://d.repec.org/n?u=RePEc:smo:raiswp:0347&r=hpe
18. EDGARD MILHAUD AND THE CASE FOR ESTABLISHING AN INTERNATIONAL
CLEARING UNION IN THE 1930s. A FORGOTTEN FORERUNNER OF KEYNES?
<http://econpapers.repec.org/RePEc:osf:socarx:rveca>
By: Faudot, Adrien
<http://econpapers.repec.org/scripts/search.pf?aus=Faudot,%20Adrien>;
Nenovsky,
Nikolay
<http://econpapers.repec.org/scripts/search.pf?aus=Nenovsky,%20Nikolay>
Abstract: Edgard Milhaud (1873–1964), a professor at the University of
Geneva, published a series of texts (from 1932 onwards) promoting the
establishment of multilateral international compensation between nation
states, and actively campaigned for this project. His plan centered on a
call for a “gold truce” as an alternative to the bilateral clearing
agreements that proliferated at the time. The plan drew the attention of
several international organizations. It reached the point of arousing the
interest of the League of Nations (LON), which decided in 1934 to launch an
inquiry (published in 1935) questioning LON members about the project of
making clearing agreements multilateral. The Milhaud plan nevertheless fell
into oblivion after the Tripartite Agreement (1936) and then the outbreak
of WWII. This work aims to situate the Milhaud plan in its intellectual and
political context —i.e., the 1930s —analyze its content and understand its
failure. The article also assesses what it had in common with the Keynes’
plan for International Cleating Union developed several years later.
Date: 2024–01–26
URL: http://d.repec.org/n?u=RePEc:osf:socarx:rveca&r=hpe
19. Developments in risk and insurance economics: The past 50 years
<http://econpapers.repec.org/RePEc:ris:crcrmw:2024_001>
By: Loubergé, Henri
<http://econpapers.repec.org/scripts/search.pf?aus=Louberg%C3%A9,%20Henri>
(Université
de Genève); Dionne, Georges
<http://econpapers.repec.org/scripts/search.pf?aus=Dionne,%20Georges> (HEC
Montreal, Canada Research Chair in Risk Management)
Abstract: The chapter reviews the evolution in risk and insurance
economics over the past 50 years, first recalling the situation in 1973,
then presenting the developments and new approaches that have flourished
since then. We argue that these developments were only possible because
steady advances were made in the economics of risk and uncertainty and in
financial theory. Insurance economics has grown in importance to become a
central theme in modern economics, providing not only practical examples
and original data to illustrate new theories, but also inspiring new ideas
that are relevant to the overall economy.
Keywords: Insurance economics; optimal insurance protection; optimal
self-protection; insurance pricing; insurance demand; economics of risk and
uncertainty; financial economics; risk management; asymmetric information;
insurance markets; climate finance
JEL: A33 B15 D10 D20 D80 D82 G22 G32 G52 L22
<http://econpapers.repec.org/scripts/search.pf?jel=A33%20B15%20D10%20D20%20D80%20D82%20G22%20G32%20G52%20L22>
Date: 2024–01–31
URL: http://d.repec.org/n?u=RePEc:ris:crcrmw:2024_001&r=hpe
20. Market Democracy, Rising Populism, and Contemporary Ordoliberalism
<http://econpapers.repec.org/RePEc:ces:ceswps:_10888>
By: Malte Dold
<http://econpapers.repec.org/scripts/search.pf?aus=Malte%20Dold>; Tim
Krieger <http://econpapers.repec.org/scripts/search.pf?aus=Tim%20Krieger>
Abstract: Populist movements increasingly challenge liberal Western
market democracies. Populism can be explained only in part by phenomena
like globalization and digitization producing winners and losers in
economic terms. Growing feelings of alienation from the market-democratic
system and the perceived loss of autonomy within the political system
contribute to rising populism as well. In this chapter, we ask whether
elements of public deliberation may be a means to reasonably responding to
the populist challenge by strengthening citizen sovereignty in addition to
consumer sovereignty. Ordoliberalism, as a specific form of liberalism that
aims at achieving both a ‘functioning and humane order’ within a system of
‘interdependent orders’, is particularly apt to embrace the idea of public
deliberation if it is rules-based.
Keywords: populism, ordoliberalism, democracy, deliberation
JEL: B29 D63 D72 P16
<http://econpapers.repec.org/scripts/search.pf?jel=B29%20D63%20D72%20P16>
Date: 2024
URL: http://d.repec.org/n?u=RePEc:ces:ceswps:_10888&r=hpe
21. Times of Change <http://econpapers.repec.org/RePEc:osf:socarx:gyxhr>
By: Boumans, Marcel
<http://econpapers.repec.org/scripts/search.pf?aus=Boumans,%20Marcel>;
Forget,
Evelyn
<http://econpapers.repec.org/scripts/search.pf?aus=Forget,%20Evelyn>
Abstract: A reflection of our experiences as editors of JHET editing
issues 31 (1) to 35 (4), balancing our original ambitions and hopes with
the resulting articles in these issues. We also reflect on the transitions
we have faced during this period.
Date: 2024–02–02
URL: http://d.repec.org/n?u=RePEc:osf:socarx:gyxhr&r=hpe
22. Opposite ethical views converge under the threat of catastrophic
climate change
<http://econpapers.repec.org/RePEc:hal:ciredw:halshs-04158009>
By: Aurélie Méjean
<http://econpapers.repec.org/scripts/search.pf?aus=Aur%C3%A9lie%20M%C3%A9jean>
(CIRED
- Centre International de Recherche sur l'Environnement et le Développement
- Cirad - Centre de Coopération Internationale en Recherche Agronomique
pour le Développement - EHESS - École des hautes études en sciences
sociales - AgroParisTech - ENPC - École des Ponts ParisTech - Université
Paris-Saclay - CNRS - Centre National de la Recherche Scientifique); Antonin
Pottier
<http://econpapers.repec.org/scripts/search.pf?aus=Antonin%20Pottier>;
Stéphane
Zuber
<http://econpapers.repec.org/scripts/search.pf?aus=St%C3%A9phane%20Zuber>
(PSE
- Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne -
ENS-PSL - École normale supérieure - Paris - PSL - Université Paris
sciences et lettres - EHESS - École des hautes études en sciences sociales
- ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche
Scientifique - INRAE - Institut National de Recherche pour l’Agriculture,
l’Alimentation et l’Environnement, CES - Centre d'économie de la Sorbonne -
UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la
Recherche Scientifique); Marc Fleurbaey
<http://econpapers.repec.org/scripts/search.pf?aus=Marc%20Fleurbaey> (PSE
- Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne -
ENS-PSL - École normale supérieure - Paris - PSL - Université Paris
sciences et lettres - EHESS - École des hautes études en sciences sociales
- ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche
Scientifique - INRAE - Institut National de Recherche pour l’Agriculture,
l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences
Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École
normale supérieure - Paris - PSL - Université Paris sciences et lettres -
EHESS - École des hautes études en sciences sociales - ENPC - École des
Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique -
INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation
et l’Environnement)
Abstract: Climate policy is often described by economists as an
intertemporal consumption trade-off: consume all you want today and face
climate damages in the future, or sacrifice consumption today to implement
costly climate policies that will bring future benefits through avoided
climate damages. If one assumes enduring technological progress, a society
that is more averse to intertemporal inequalities should postpone climate
policies and let future, richer generations pay more. Growing evidence
however suggests that the trade-off is more complex: abrupt, extreme,
irreversible changes to the climate may cause discontinuities to
socio-economic systems, possibly leading to a sharp decline of human
population and consumption per capita. In this paper, we show that, when
accounting for a very small risk of catastrophic climate change, it is
optimal to pursue stringent climate policies to postpone the catastrophe.
Our results conform with the well-known conclusion that tight carbon
budgets are preferred when aversion towards inequalities between
generations is low. However, by contrast with previous studies, we show
that stringent policies are also optimal when inequality aversion is high.
The non-monotonicity of the influence of inequality aversion is due to the
fact that, for a given investment in abatement, a higher inequality
aversion gives a smaller weight to avoided future non-catastrophic damages,
but a larger weight to the catastrophic outcome. We also explore the role
of population ethics, and show that the size of the optimal carbon budget
decreases with the social preference for large populations, although this
parameter plays almost no role at extreme levels of inequality aversion.
Our result demonstrates that views from opposite sides of the ethical
spectrum in terms of inequality aversion converge in terms of climate
policy recommendations, warranting immediate climate action.
Keywords: Climate change, Catastrophic risk, Equity Population,
Climate-economy model
Date: 2023–12–21
URL: http://d.repec.org/n?u=RePEc:hal:ciredw:halshs-04158009&r=hpe
------------------------------
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