[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 2022‒08‒29
nine papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. Economic Theory and Policy Today: Lessons from Barbara Wootton and
the Creation of the British Welfare State
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p1> By Alves, C.
<http://econpapers.repec.org/scripts/search.pf?aus=Alves,%20C.>; Guizzo,
D. <http://econpapers.repec.org/scripts/search.pf?aus=Guizzo,%20D.>
2. The "difference principle": Economic rationality and political
applicability
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p2> By Claude
Gamel <http://econpapers.repec.org/scripts/search.pf?aus=Claude%20Gamel>
3. When mainstream economics does human resource management: a critique
of personnel economics’ prescriptive ambition
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p3> By Franck
Bailly
<http://econpapers.repec.org/scripts/search.pf?aus=Franck%20Bailly>
4. A contractarian view on homann's ethical approach: The vision of "new
ordoliberalism"
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p4> By Davies,
Clem <http://econpapers.repec.org/scripts/search.pf?aus=Davies,%20Clem>;
Franke,
Marcel
<http://econpapers.repec.org/scripts/search.pf?aus=Franke,%20Marcel>; Kuang,
Lida <http://econpapers.repec.org/scripts/search.pf?aus=Kuang,%20Lida>;
Neumärker,
Karl Justus Bernhard
<http://econpapers.repec.org/scripts/search.pf?aus=Neum%C3%A4rker,%20Karl%20Justus%20Bernhard>
5. Nobel students beget Nobel professors
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p5> By Richard
S. J. Tol
<http://econpapers.repec.org/scripts/search.pf?aus=Richard%20S.%20J.%20Tol>
6. By way of introduction Unbridled globalization, an aggravating factor
in economic and social crises
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p6> By Jacques
Fontanel
<http://econpapers.repec.org/scripts/search.pf?aus=Jacques%20Fontanel>
7. An Econometrician amongst Statisticians: T. W. Anderson
<https://mail.google.com/mail/u/0/#m_5320980110841840446_p7> By Peter C.
B. Phillips
<http://econpapers.repec.org/scripts/search.pf?aus=Peter%20C.%20B.%20Phillips>
------------------------------
1. Economic Theory and Policy Today: Lessons from Barbara Wootton and
the Creation of the British Welfare State
<http://econpapers.repec.org/RePEc:cam:camdae:2246>
By: Alves, C.
<http://econpapers.repec.org/scripts/search.pf?aus=Alves,%20C.>; Guizzo,
D. <http://econpapers.repec.org/scripts/search.pf?aus=Guizzo,%20D.>
Abstract: This article investigates Barbara Wootton’s contribution to
the creation of the welfare state in Britain through her interpretation and
adaptation of economic theory to support social policy. It revisits
Wootton’s Lament for Economics (1938) and explores unpublished archives
showing her considerable engagement in public discussions on government
spending, employment, poverty alleviation and her interaction with William
Beveridge’s epoch defining welfare plan for Britain. We claim that her
critique of economic theory for being an abstract science confined to
equilibrium states, combined with her acute observation of social reality,
allowed Wootton to cut free from established modes of economic thought.
This laid the foundation for pioneering insights justifying an
interventionist welfare state based on real-world issues and concepts of
social justice, rather than self-interest and market failure principles.
Keywords: Economic Methodology, Market Failure, Neoclassical Economics,
Social Policy, Welfare State
JEL: B22 B31 B41
<http://econpapers.repec.org/scripts/search.pf?jel=B22%20B31%20B41>
Date: 2022–08–12
URL: http://d.repec.org/n?u=RePEc:cam:camdae:2246&r=
2. The "difference principle": Economic rationality and political
applicability
<http://econpapers.repec.org/RePEc:hal:journl:halshs-02962781>
By: Claude Gamel
<http://econpapers.repec.org/scripts/search.pf?aus=Claude%20Gamel> (LEST
- Laboratoire d'économie et de sociologie du travail - AMU - Aix Marseille
Université - CNRS - Centre National de la Recherche Scientifique)
Abstract: On deliberation in the public debate, Rawls' approach known as
"justice as fairness" has been much more commented that the "difference
principle" emerged from there as a major result: even though based on an
equal initial position, "justice as fairness" paradoxically justifies an
essential benchmark in the debate on inequalities. Indeed, the difference
principle compresses many issues: distinguishing between naturel and social
matters which both contribute to inequalities, defining a level of
permitted inequalities we should have to tolerate not as just but effective
ones, preserving market incentives in so far they contribute to value
creation, which has later to be redistributed. The paper explores all these
questions, that concern the philosophical-economic rationality of the
principle and its political-societal applicability as well. In conclusion,
its contribution to the debate on inequalities, which is beyond all doubt,
seems rather economic than philosophical and is based on a liberal
presupposition, which is rarely identified and recognised.
Abstract: Sur la délibération dans le débat public, la démarche de
Rawls, dite de la « justice comme équité », a été beaucoup plus amplement
commentée que le « principe de différence » qui en est pourtant un résultat
majeur : bien que fondée sur une position initiale d'égalité, la «justice
comme équité» justifie non sans paradoxe un repère essentiel dans le débat
sur les inégalités. Le principe de différence condense en effet nombre de
questionnements : distinction entre le naturel et le social dans l'origine
des inégalités, définition d'un niveau d'inégalités acceptables qu'il
serait non pas juste mais efficace de tolérer, préservation du rôle des
incitations économiques à l'origine de la création de valeur, qu'il
convient ensuite de redistribuer. Autant de questions, explorées dans le
présent texte, qui concernent tant la rationalité philosophico-économique
du principe que son applicabilité politique et sociétale. En conclusion,
son apport indubitable dans le débat sur les inégalités semble moins
philosophique qu'économique et repose sur un présupposé libéral rarement
repéré et admis.
Keywords: public debate,inequalities,difference principle,philosophy and
economics,societal and political complexity,débat
public,inégalités,principe de différence,philosophie et économie,complexité
politique et sociétale
Date: 2022
URL: http://d.repec.org/n?u=RePEc:hal:journl:halshs-02962781&r=
3. When mainstream economics does human resource management: a critique
of personnel economics’ prescriptive ambition
<http://econpapers.repec.org/RePEc:hal:journl:hal-03711945>
By: Franck Bailly
<http://econpapers.repec.org/scripts/search.pf?aus=Franck%20Bailly> (LASTA
- Laboratoire d'Analyse des Sociétés, Transformations et Adaptations -
UNIROUEN - Université de Rouen Normandie - NU - Normandie Université)
Abstract: Under the impetus of Edward Lazear, personnel economics has
established itself as a particularly dynamic area of mainstream labour
economics. It aspires to provide the best solutions to the practical
problems that human resource managers encounter. The following paper aims
to do the following: summarize the criticisms of personnel economics made
from the perspective of heterodox economics, add a new criticism, and show
how these criticisms, taken together, lead us to conclude that modes of
labour management are legitimate subjects of debate, contrary to Lazear's
beliefs.
Keywords: Labour economics,personnel economics,heterodox
economics,imperialism,discussion of HRM decisions
Date: 2022–06–29
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03711945&r=
4. A contractarian view on homann's ethical approach: The vision of "new
ordoliberalism" <http://econpapers.repec.org/RePEc:zbw:cenwps:012022>
By: Davies, Clem
<http://econpapers.repec.org/scripts/search.pf?aus=Davies,%20Clem>; Franke,
Marcel
<http://econpapers.repec.org/scripts/search.pf?aus=Franke,%20Marcel>; Kuang,
Lida <http://econpapers.repec.org/scripts/search.pf?aus=Kuang,%20Lida>;
Neumärker,
Karl Justus Bernhard
<http://econpapers.repec.org/scripts/search.pf?aus=Neum%C3%A4rker,%20Karl%20Justus%20Bernhard>
Abstract: Homann's method is a sophisticated theoretical model. As a
result, it contains a normative foundation upon which Homann bases his
endeavor, as well as numerous conclusions following his positive analysis.
We propose extensions to both the normative and positive aspects of
Homann's theory in this article. On a normative basis, we recommend taking
into account our approach of New Ordoliberalism. In addition to the
prisoner's dilemma, we consider the moral dilemma of the hawk-dove game on
a positive footing. Additionally, we also present an experimental design.
Keywords: constitutional economics,game theory,New Ordoliberalism,social
contract
experiment,strategy-proofness,renegotiation-proofness,Ordnungsökonomie,Spieltheorie,Neuer
Ordoliberalismus,Sozialvertragsexperiment,Manipulationssicherheit,Nachverhandlungsstabilität
Date: 2022
URL: http://d.repec.org/n?u=RePEc:zbw:cenwps:012022&r=
5. Nobel students beget Nobel professors
<http://econpapers.repec.org/RePEc:arx:papers:2207.04441>
By: Richard S. J. Tol
<http://econpapers.repec.org/scripts/search.pf?aus=Richard%20S.%20J.%20Tol>
Abstract: It is unclear whether the hierarchy in the economics
profession is the result of the agglomeration of excellence or of nepotism.
I construct the professor-student network for laureates of and candidates
for the Nobel Prize in Economics. I study the effect of proximity to
previous Nobelists on winning the Nobel Prize. Conditional on being
Nobel-worthy, students and grandstudents of Nobel laureates are not
significantly more or less likely to win. Professors of Nobel Prize
winners, however, are significantly more likely to win.
Date: 2022–07
URL: http://d.repec.org/n?u=RePEc:arx:papers:2207.04441&r=
6. By way of introduction Unbridled globalization, an aggravating factor
in economic and social crises
<http://econpapers.repec.org/RePEc:hal:journl:hal-03702546>
By: Jacques Fontanel
<http://econpapers.repec.org/scripts/search.pf?aus=Jacques%20Fontanel>
(CESICE
- Centre d'études sur la sécurité internationale et les coopérations
européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG -
Sciences Po Grenoble - Institut d'études politiques de Grenoble)
Abstract: There are mainly four eternal problems of mankind (pandemics,
war, religious intolerance, hunger), which man once thought he could
control, that are now coming back to the fore. The appearance of new
pandemics was not excluded, but confidence in modern logistical, scientific
and medical progress was sufficiently high to create an irresponsible sense
of security. With nuclear weapons and the opening of most countries to free
trade, conflict between the great powers seemed highly unlikely, given the
destructive consequences of nuclear weapons and the common interest in
economic interdependencies. But economics is not the only subject of wars.
Religious beliefs and differing notions of the concept of democracy do not
lead to a peaceful world, not least because of the proselytizing and will
to power expressed by some states. Philosophical and religious issues seem
to lead to more secularism and less tolerance. Finally, the famous
trickledown theory does not work and hunger is still present in many
regions of the Earth and this phenomenon is increased in times of war and
conflicts within or outside these territories.
Abstract: Il y a principalement quatre problèmes éternels de l'humanité
(les pandémies, la guerre, l'intolérance religieuse, la faim), que l'homme
a cru un temps capable de contrôler, qui reviennent aujourd'hui sur le
devant de la scène. L'apparition de nouvelles pandémies n'était pas exclue,
mais la confiance dans les progrès logistiques, scientifiques et médicaux
modernes était suffisamment élevée pour créer un sentiment de sécurité
irresponsable. Avec les armes nucléaires et l'ouverture de la plupart des
pays au libre-échange, les conflits entre les grandes puissances semblaient
hautement improbables, compte tenu des conséquences destructrices des armes
nucléaires et de l'intérêt commun aux interdépendances économiques. Mais
l'économie n'est pas le seul sujet des guerres. Les croyances religieuses
et les notions divergentes du concept de démocratie ne conduisent pas à un
monde pacifique, notamment en raison du prosélytisme et de la volonté de
puissance exprimés par certains États. Les questions philosophiques et
religieuses semblent conduire à plus de laïcité et moins de tolérance.
Enfin, la fameuse théorie du ruissellement ne fonctionne pas et la faim
s'invite encore de nos jours dans de nombreuses régions de la Terre et ce
phénomène est accru en temps de guerre et de conflits à l'intérieur ou à
l'extérieur de ces territoires.
Keywords: Pandemic,war,peace,misery,intolerance,political
economy,economic war,Pandémie,guerre,paix,misère,intolérance,économie
politique,guerre économique
Date: 2022
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03702546&r=
7. An Econometrician amongst Statisticians: T. W. Anderson
<http://econpapers.repec.org/RePEc:cwl:cwldpp:2333>
By: Peter C. B. Phillips
<http://econpapers.repec.org/scripts/search.pf?aus=Peter%20C.%20B.%20Phillips>
(Cowles
Foundation, Yale University, University of Auckland, Singapore Management
University, University of Southampton)
Abstract: T. W. Anderson did pathbreaking work in econometrics during
his remarkable career as an eminent statistician. His primary contributions
to econometrics are reviewed here, including his early research on
estimation and inference in simultaneous equations models and reduced rank
regression. Some of his later works that connect in important ways to
econometrics are also briefly covered, including limit theory in explosive
autoregression, asymptotic expansions, and exact distribution theory for
econometric estimators. The research is considered in the light of its
influence on subsequent and ongoing developments in econometrics, notably
confidence interval construction under weak instruments and inference in
mildly explosive regressions.
Keywords: Asymptotic expansions, Confidence interval construction,
Explosive autoregression, LIML, Reduced rank regression, Simultaneous
equation models, Weak identification regression, MA unit root, Trend
regression, Wald statistic
JEL: C23 <http://econpapers.repec.org/scripts/search.pf?jel=C23>
Date: 2022–06
URL: http://d.repec.org/n?u=RePEc:cwl:cwldpp:2333&r=
------------------------------
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