[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 2022‒12‒05
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>
University of Manitoba <http://umanitoba.ca/>
------------------------------
1. Keynes, Ramsey and Pragmatism
<https://mail.google.com/mail/u/0/#m_294539736075549497_p1> By Gerrard,
Bill <http://econpapers.repec.org/scripts/search.pf?aus=Gerrard,%20Bill>
2. 'Law and'...a new perspective
<https://mail.google.com/mail/u/0/#m_294539736075549497_p2> By Cati,
Matteo Maria
<http://econpapers.repec.org/scripts/search.pf?aus=Cati,%20Matteo%20Maria>
3. A Comment on Maria Paganelli's Mistaken Treatment of Adam Smith's
"Four Stages" Theory of Economic Development
<https://mail.google.com/mail/u/0/#m_294539736075549497_p3> By Ahiakpor,
James C.W.
<http://econpapers.repec.org/scripts/search.pf?aus=Ahiakpor,%20James%20C.W.>
4. About Resilience in the Multidimensional Index (MVI)
<https://mail.google.com/mail/u/0/#m_294539736075549497_p4> By Guillaumont
Patrick
<http://econpapers.repec.org/scripts/search.pf?aus=Guillaumont%20Patrick>
5. The 'Doomsday Argument' and Ecological Catastrophe.
<https://mail.google.com/mail/u/0/#m_294539736075549497_p5> By Blaber,
Richard Michael
<http://econpapers.repec.org/scripts/search.pf?aus=Blaber,%20Richard%20Michael>
6. Economists are born and raised, not made
<https://mail.google.com/mail/u/0/#m_294539736075549497_p6> By Abel
FRANCOIS
<http://econpapers.repec.org/scripts/search.pf?aus=Abel%20FRANCOIS>; Laurent
WEILL <http://econpapers.repec.org/scripts/search.pf?aus=Laurent%20WEILL>
; Nicolas EBER
<http://econpapers.repec.org/scripts/search.pf?aus=Nicolas%20EBER>
7. The Morality of Markets
<https://mail.google.com/mail/u/0/#m_294539736075549497_p7> By Mathias
Dewatripont
<http://econpapers.repec.org/scripts/search.pf?aus=Mathias%20Dewatripont>
; Jean Tirole
<http://econpapers.repec.org/scripts/search.pf?aus=Jean%20Tirole>
8. Debates, plans and interventions to overcome the 1931 banking crisis
in Romania and Bulgaria
<https://mail.google.com/mail/u/0/#m_294539736075549497_p8> By Nikolay
Nenovsky
<http://econpapers.repec.org/scripts/search.pf?aus=Nikolay%20Nenovsky>;
Dominique
Torre
<http://econpapers.repec.org/scripts/search.pf?aus=Dominique%20Torre>
9. The restart effect in social dilemmas shows humans are
self-interested not altruistic
<https://mail.google.com/mail/u/0/#m_294539736075549497_p9> By
Burton-Chellew,
Maxwell
<http://econpapers.repec.org/scripts/search.pf?aus=Burton-Chellew,%20Maxwell>
10. The Economics of Women's Rights
<https://mail.google.com/mail/u/0/#m_294539736075549497_p11> By Michèle
Tertilt
<http://econpapers.repec.org/scripts/search.pf?aus=Mich%C3%A8le%20Tertilt>
; Matthias Doepke
<http://econpapers.repec.org/scripts/search.pf?aus=Matthias%20Doepke>; Anne
Hannusch
<http://econpapers.repec.org/scripts/search.pf?aus=Anne%20Hannusch>; Laura
Montenbruck
<http://econpapers.repec.org/scripts/search.pf?aus=Laura%20Montenbruck>
------------------------------
1. Keynes, Ramsey and Pragmatism
<http://econpapers.repec.org/RePEc:osf:socarx:astpj>
By: Gerrard, Bill
<http://econpapers.repec.org/scripts/search.pf?aus=Gerrard,%20Bill>
Abstract: In his recent paper in this journal, Bateman (2021) breaks
with the “Standard View” of Ramsey’s influence on Keynes and argues that
Ramsey’s pragmatist philosophical thought underpinned both Keynes’s
acceptance of Ramsey’s subjective theory of probability, and Keynes’s
adoption of a narrative theory of the role of confidence in economic
fluctuations in the General Theory. In this paper it is argued that Bateman
is right both in emphasizing the influence of Ramsey’s pragmatist
philosophy on Keynes’s thought during the development of the General Theory
and afterwards, and in arguing that the influence of Ramsey’s pragmatist
philosophy partly explains Keynes’s emphasis on the importance of the state
of confidence in Chapter 12 of the General Theory. However, it is argued
that Ramsey’s pragmatist philosophy had a much greater influence on Keynes
than acknowledged by Bateman. Furthermore, contra Bateman, Keynes’s move to
a more pragmatist philosophical position does not imply that Keynes’s
accepted Ramsey’s subjective theory of (measurable) probability.
Date: 2022–07–26
URL: http://d.repec.org/n?u=RePEc:osf:socarx:astpj&r=hpe
2. 'Law and'...a new perspective
<http://econpapers.repec.org/RePEc:osf:socarx:7xmtv>
By: Cati, Matteo Maria
<http://econpapers.repec.org/scripts/search.pf?aus=Cati,%20Matteo%20Maria>
Abstract: This paper reinterprets, differently from the existing
literature, the relationship between law and economics not from the point
of view of a lawyer-economist but rather from the point of view of an
economist-mathematician, and it raises a methodological issue. To do so,
some of the elements of the theory of sets are borrowed to argue that
behavioral economics, its application to behavioral law and economics, and
behavioral economists have generalized the pioneering work of Judge
Calabresi, with reference to the famous books ‘Tragic Choices’ and ‘The
Future of Law and Economics – Essays in Reform and Recollection’. Even if
the usage of the theory of sets made in this paper is intuitive, some of
its basics are reviewed in the appendix.
Date: 2022–09–22
URL: http://d.repec.org/n?u=RePEc:osf:socarx:7xmtv&r=hpe
3. A Comment on Maria Paganelli's Mistaken Treatment of Adam Smith's
"Four Stages" Theory of Economic Development
<http://econpapers.repec.org/RePEc:osf:socarx:tfsjm>
By: Ahiakpor, James C.W.
<http://econpapers.repec.org/scripts/search.pf?aus=Ahiakpor,%20James%20C.W.>
Abstract: Paganelli (2022) casts doubt on whether Adam Smith argues a
“Four Stages” theory or a “stadial model” of socio-economic development;
she dismisses the usefulness of cross-section data to evaluate Smith’s
theory of the evolution of economies; and she misinterprets several texts
in the Wealth of Nations. Disregarding more accurate interpreters of Smith,
she invites us to inquire again into the causes of the wealth of nations
since Smith, in her judgment, has failed in that effort. But Smith’s Wealth
of Nations, carefully read, is an essential guide to policy formulation to
promote the efficient development of economies. My comment clarifies.
Date: 2022–07–24
URL: http://d.repec.org/n?u=RePEc:osf:socarx:tfsjm&r=hpe
4. About Resilience in the Multidimensional Index (MVI)
<http://econpapers.repec.org/RePEc:hal:journl:hal-03831673>
By: Guillaumont Patrick
<http://econpapers.repec.org/scripts/search.pf?aus=Guillaumont%20Patrick>
(FERDI
- Fondation pour les Etudes et Recherches sur le Développement
International)
Abstract: Origin of the concept related to vulnerability. Before
recently invading the vocabulary of the social sciences, the concept of
resilience was a physical notion that referred to shock resistance. The use
that is now made of it in the social sciences, particularly in economics,
psychology, and ecology, remains in accordance with the initial definition:
it is a capacity to resist shock or trauma. In the vocabulary of economics
the concept of resilience has spread in the wake of that of vulnerability:
vulnerability to a shock.
Date: 2022–10–27
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03831673&r=hpe
5. The 'Doomsday Argument' and Ecological Catastrophe.
<http://econpapers.repec.org/RePEc:osf:socarx:ne2z9>
By: Blaber, Richard Michael
<http://econpapers.repec.org/scripts/search.pf?aus=Blaber,%20Richard%20Michael>
Abstract: The so-called ‘Doomsday Argument’ of Carter, Nielsen, Leslie,
Gott, and Bostrom is examined, in conjunction with attempts to refute it,
in relation to the real-world prospects of catastrophic climate and
environmental change, and loss of biodiversity. If the late James Lovelock
was right in his hypothesis that the biosphere is protected by a ‘Gaia’
self-defence mechanism, humans may well face extinction precisely because
they constitute a threat to the survival of the biosphere.
Date: 2022–08–11
URL: http://d.repec.org/n?u=RePEc:osf:socarx:ne2z9&r=hpe
6. Economists are born and raised, not made
<http://econpapers.repec.org/RePEc:lar:wpaper:2022-07>
By: Abel FRANCOIS
<http://econpapers.repec.org/scripts/search.pf?aus=Abel%20FRANCOIS> (LEM,
Université de Lille); Laurent WEILL
<http://econpapers.repec.org/scripts/search.pf?aus=Laurent%20WEILL> (LaRGE
Research Center, Université de Strasbourg); Nicolas EBER
<http://econpapers.repec.org/scripts/search.pf?aus=Nicolas%20EBER> (LaRGE
Research Center, Université de Strasbourg)
Abstract: What makes economics students different? There is a
long-lasting debate on this issue discussing the selection process and the
indoctrination effect of economics program. We use the unique framework of
the French higher education system in which students could freely choose
their discipline to provide new evidence on this question. We conduct a
survey on a large group of students from one of the largest French
universities at the very beginning of their program before any potential
indoctrination. We confirm the self-selection effect: students
self-selecting in economics have more economic-oriented attitudes and
values than other students. Besides, they also prefer the market price
solution to a scarce resource allocation problem. We also find evidence of
a parental heritage mediation on the relationship between the program and
the students’ values and, to a less extent, a student working experience
mediation. Finally, we do not find clear evidence for indoctrination
related to economic teaching, but we detect a general indoctrination
towards more government intervention in all undergraduate programs.
Keywords: economists, economics education, values, selection, cultural
transmission.
JEL: A12 A13 A20 D10 I20
<http://econpapers.repec.org/scripts/search.pf?jel=A12%20A13%20A20%20D10%20I20>
Date: 2022
URL: http://d.repec.org/n?u=RePEc:lar:wpaper:2022-07&r=hpe
7. The Morality of Markets
<http://econpapers.repec.org/RePEc:eca:wpaper:2013/351283>
By: Mathias Dewatripont
<http://econpapers.repec.org/scripts/search.pf?aus=Mathias%20Dewatripont>
; Jean Tirole
<http://econpapers.repec.org/scripts/search.pf?aus=Jean%20Tirole>
Abstract: Scholars and civil society have argued that competition erodes
supplier morality by offering consumer choice: "If I don't do it, someone
else will". This paper establishes a robust irrelevance result, whereby
intense market competition does not crowd out consequentialist ethics; it
thereby issues a strong warning against the wholesale moral condemnation of
markets and procompetitive institutions. Intense competition, while not
altering the behavior of protable suppliers, however may reduce the
standards of highly ethical suppliers or non-profits, raising the potential
need to protect the latter in the marketplace.
Keywords: Competition, consequentialism, replacement effect,
non-profits,corporate social responsability, strategic complementarities,
race to the ethical bottom.
Date: 2022–11
URL: http://d.repec.org/n?u=RePEc:eca:wpaper:2013/351283&r=hpe
8. Debates, plans and interventions to overcome the 1931 banking crisis
in Romania and Bulgaria
<http://econpapers.repec.org/RePEc:hal:journl:hal-03815692>
By: Nikolay Nenovsky
<http://econpapers.repec.org/scripts/search.pf?aus=Nikolay%20Nenovsky>
(LEFMI
- Laboratoire d’Économie, Finance, Management et Innovation - UR UPJV 4286
- UPJV - Université de Picardie Jules Verne); Dominique Torre
<http://econpapers.repec.org/scripts/search.pf?aus=Dominique%20Torre>
(GREDEG
- Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice
Sophia Antipolis (1965 - 2019) - COMUE UCA - COMUE Université Côte d'Azur
(2015-2019) - CNRS - Centre National de la Recherche Scientifique - UCA -
Université Côte d'Azur)
Abstract: In summer 1931, the Austro-German banking crisis propagated in
Romania and Bulgaria. In the Romanian case, the management of the crisis
confronted three types of protagonists-politics, bankers and central
bankers-and positions about the relevant attitude to adopt, in to avoid or
not the Marmorosch Blank Bank bankruptcy. In Bulgaria, the management of
the crisis was more consensual. The intervention of the Bulgarian National
Bank allowed to refund the more important banks, while other 34 were
declared bankrupt and smaller ones silently disappear. One of the largest
banks in Bulgaria, Credit Bank, has been rescued. Archive documents,
reports of participants and comments from contemporaries, emphasize the
different conceptions of the function of lender of last resort by the
different 1 The authors would like to acknowledge Hans-Michael Trautwein
whose comments and remarks have helped to improve the quality of this text.
They are also indebted to Valentin Fuscan and to the participants of the
Conference
Keywords: G33,lender of last resort,Balkan economic history,banking
crisis,twin crises
Date: 2022–04
URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03815692&r=hpe
9. The restart effect in social dilemmas shows humans are
self-interested not altruistic
<http://econpapers.repec.org/RePEc:osf:socarx:hgznu>
By: Burton-Chellew, Maxwell
<http://econpapers.repec.org/scripts/search.pf?aus=Burton-Chellew,%20Maxwell>
Abstract: Do economic games show evidence of altruistic or
self-interested motivations in humans? A huge body of empirical work has
found contrasting results. While participants routinely make costly
decisions that help strangers, consistent with an evolutionary novel form
of altruism, participants also typically learn to pay fewer costs with
experience, consistent with self-interested individuals adapting to an
unfamiliar environment. Key to resolving this debate is explaining the
famous ‘restart effect’, a puzzling enigma whereby failing cooperation in
experiments can be briefly rescued by a surprise restart. Here we show that
this canonical result, which is often assumed to be evidence of altruism,
can be entirely removed, replaced, or even reversed depending on
experimental design. Specifically, the restart effect (1) disappears when
reputational benefits to cooperation are fully removed, consistent with
strategically motivated, self-interested, cooperation; (2) can be replaced
by an irrational restart that benefits no-one if individuals are grouped
with computers, consistent with confusion; and (3) can even be reversed, so
that contributions gradually increase rather than decrease towards the end
of the game, if the contributions of the computerized groupmates are
programmed accordingly. These results show that the restart effect is
driven by a mixture of self-interested and irrational beliefs about the
game’s payoffs and not altruism. Consequently, our results suggest that
economic games have often been measuring self-interested but confused
behaviours and reject the idea that conventional theories of evolution
cannot explain the results of economic games.
Date: 2022–06–12
URL: http://d.repec.org/n?u=RePEc:osf:socarx:hgznu&r=hpe
10. The Economics of Women's Rights
<http://econpapers.repec.org/RePEc:nbr:nberwo:30617>
By: Michèle Tertilt
<http://econpapers.repec.org/scripts/search.pf?aus=Mich%C3%A8le%20Tertilt>
; Matthias Doepke
<http://econpapers.repec.org/scripts/search.pf?aus=Matthias%20Doepke>; Anne
Hannusch
<http://econpapers.repec.org/scripts/search.pf?aus=Anne%20Hannusch>; Laura
Montenbruck
<http://econpapers.repec.org/scripts/search.pf?aus=Laura%20Montenbruck>
Abstract: Two centuries ago, in most countries around the world, women
were unable to vote, had no say over their own children or property, and
could not obtain a divorce. Women have gradually gained rights in many
areas of life, and this legal expansion has been closely intertwined with
economic development. We aim to understand the drivers behind these
reforms. To this end, we distinguish between four types of women’s
rights—economic, political, labor, and body—and document their evolution
over the past 50 years across countries. We summarize the political-economy
mechanisms that link economic development to changes in women's rights and
show empirically that these mechanisms account for a large share of the
variation in women's rights across countries and over time.
JEL: D13 D72 J12 J16 N3 N40 O10 P0
<http://econpapers.repec.org/scripts/search.pf?jel=D13%20D72%20J12%20J16%20N3%20N40%20O10%20P0>
Date: 2022–11
URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:30617&r=hpe
------------------------------
This nep-hpe issue is ©2022 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
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