[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 2023‒02‒06
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>
University of Manitoba <http://umanitoba.ca/>
------------------------------

   1. Licit and illicit risks in Thomas Aquinas's De emptione et venditione
   ad tempus <https://mail.google.com/mail/u/0/#m_-2485871872561179367_p1>
    By Pierre Januard
   <http://econpapers.repec.org/scripts/search.pf?aus=Pierre%20Januard>
   2. DID KARL MARX’S “TURN” THE ORIGINAL SOCIAL THEORY OF CLASS STRUGGLE?
   <https://mail.google.com/mail/u/0/#m_-2485871872561179367_p2> By Weber,
   Cameron
   <http://econpapers.repec.org/scripts/search.pf?aus=Weber,%20Cameron>
   3. Wealth and Ideology in Italy: The 1923 ''Quasi Abolition'' of
   Inheritance Tax and Fascists' ''Middle Class Politics''
   <https://mail.google.com/mail/u/0/#m_-2485871872561179367_p3> By Giacomo
   Gabbuti
   <http://econpapers.repec.org/scripts/search.pf?aus=Giacomo%20Gabbuti>
   4. Ideas Have Consequences : The Impact of Law and Economics on American
   Justice <https://mail.google.com/mail/u/0/#m_-2485871872561179367_p4>
By Elliott
   Ash <http://econpapers.repec.org/scripts/search.pf?aus=Elliott%20Ash>;
Daniel
   L. Chen
   <http://econpapers.repec.org/scripts/search.pf?aus=Daniel%20L.%20Chen>;
Suresh
   Naidu <http://econpapers.repec.org/scripts/search.pf?aus=Suresh%20Naidu>
   5. The Short-Termism of 'Hard' Economics
   <https://mail.google.com/mail/u/0/#m_-2485871872561179367_p5> By Ilan Noy
   <http://econpapers.repec.org/scripts/search.pf?aus=Ilan%20Noy>; Shakked
   Noy <http://econpapers.repec.org/scripts/search.pf?aus=Shakked%20Noy>
   6. [ review of ] Conservative Liberalism, Ordo-liberalism, and the
   State", by Kenneth Dyson, Oxford University Press, New York, 2021, xx + 592
   pp. £ 120 (hardback), ISBN 9780198854289.
   <https://mail.google.com/mail/u/0/#m_-2485871872561179367_p7> By Marie
   Daou <http://econpapers.repec.org/scripts/search.pf?aus=Marie%20Daou>; Alain
   Marciano
   <http://econpapers.repec.org/scripts/search.pf?aus=Alain%20Marciano>

------------------------------

   1. Licit and illicit risks in Thomas Aquinas's De emptione et venditione
   ad tempus <http://econpapers.repec.org/RePEc:hal:journl:halshs-03559035>
   By: Pierre Januard
   <http://econpapers.repec.org/scripts/search.pf?aus=Pierre%20Januard> (PHARE
   - Philosophie, Histoire et Analyse des Représentations Économiques - UP1 -
   Université Paris 1 Panthéon-Sorbonne)
   Abstract: In De emptione et venditione ad tempus, a brief early letter
   on forward selling, Thomas Aquinas presents a risk of usury inherent in the
   intertemporal dimension of exchange, but inherent also in licit expenses
   such as transport, and illicit ones such as borrowing costs or expenses
   incurred without attention or unwisely, which the merchant may or may not
   pass on via the price. These expenses appear as risks which are described
   here for the case of forward sale, but are properly inherent to any
   commercial activity. While transport is a part of the merchant's activity
   and represents the paradigm of licit risk, imprudence characterises two
   stages of failure in his management, namely negligence and mismanagement,
   and hence leads to illicit risk.
   Keywords: Thomas Aquinas, risks, expenses, transport, Prudence
   Date: 2022
   URL: http://d.repec.org/n?u=RePEc:hal:journl:halshs-03559035&r=hpe
   2. DID KARL MARX’S “TURN” THE ORIGINAL SOCIAL THEORY OF CLASS STRUGGLE?
   <http://econpapers.repec.org/RePEc:pra:mprapa:115897>
   By: Weber, Cameron
   <http://econpapers.repec.org/scripts/search.pf?aus=Weber,%20Cameron>
   Abstract: In this research I compare and contrast the class-struggle
   social theory of industrielisme in the writings of the French liberals
   around the Le Censeur Européen (1817-1819) with that of Karl Marx’s
   historical materialism. There are many similarities. Both use concepts of
   historical development and path-dependency, productive and unproductive
   labor, of exploitation, and of the necessary primacy of the market under
   capitalism to bring human freedom. Using Theories of Surplus Value (1860)
   and available correspondence I show that Marx knew about and respected the
   French liberal historians and political economists, especially Turgot and
   Augustin Thierry. It would be conjecture to say that Marx “turned” the
   original French liberal class struggle, that of free and productive man as
   exploited by the unproductive state, into his own labor as exploited by
   capital but we do find and present evidence to this effect.
   Keywords: Political Economy, Karl Marx, Turgot, French Liberals, Class
   Struggle, Capitalism, Path Dependency, Exploitation
   JEL: B12 B14 D31 P16 P32 Z13
   <http://econpapers.repec.org/scripts/search.pf?jel=B12%20B14%20D31%20P16%20P32%20Z13>
   Date: 2023–01
   URL: http://d.repec.org/n?u=RePEc:pra:mprapa:115897&r=hpe
   3. Wealth and Ideology in Italy: The 1923 ''Quasi Abolition'' of
   Inheritance Tax and Fascists' ''Middle Class Politics''
   <http://econpapers.repec.org/RePEc:ssa:lemwps:2023/04>
   By: Giacomo Gabbuti
   <http://econpapers.repec.org/scripts/search.pf?aus=Giacomo%20Gabbuti>
   Abstract: In summer 1923, pursuant to the 'full powers' granted him by
   the Parliament to balance the budget, Alberto De Stefani - appointed in
   October 1922 as Mussolini's Treasury Minister - announced the abolition of
   inheritance tax. The most iconic act of Fascist 'financial restauration' of
   1922-25, the abolition was never proposed before its sudden implementation.
   Admittedly against ‘the universal tendencies of the times, ' it
   provoked surprise and interest, in the country and abroad, but was
   overlooked by historians. By combining surviving archival evidence,
   international and Italian media, and a wide survey of other printed
   sources, the paper offers the first historical reconstruction of this
   episode - one that clarifies better than other the 'laissez-faire' nature
   of early Fascism. This new evidence reveals the lobbying activity carried
   on by pressure groups such as the bankers' association, and a young,
   proactive association of notaries. The debate surrounding the abolition,
   and the relevance attributed to it by Fascists before the 1924 election,
   qualify the episode as an early case of 'middle-class politics'. Indeed,
   within the recent historiographical revaluation of the early phase of
   Mussolini's power, the paper argues for the importance of 1920s fiscal
   policies in coalizing economic elites with the middle classes.
   Keywords: inheritance tax; Fascist Italy; interwar Europe; fiscal policy.
   Date: 2023–01–13
   URL: http://d.repec.org/n?u=RePEc:ssa:lemwps:2023/04&r=hpe
   4. Ideas Have Consequences : The Impact of Law and Economics on American
   Justice <http://econpapers.repec.org/RePEc:hal:wpaper:hal-03899739>
   By: Elliott Ash
   <http://econpapers.repec.org/scripts/search.pf?aus=Elliott%20Ash>
    (Unknown); Daniel L. Chen
   <http://econpapers.repec.org/scripts/search.pf?aus=Daniel%20L.%20Chen>
(TSE-R
   - Toulouse School of Economics - UT1 - Université Toulouse 1 Capitole -
   Université Fédérale Toulouse Midi-Pyrénées - EHESS - École des hautes
   études en sciences sociales - CNRS - Centre National de la Recherche
   Scientifique - INRAE - Institut National de Recherche pour l’Agriculture,
   l’Alimentation et l’Environnement, CNRS - Centre National de la Recherche
   Scientifique); Suresh Naidu
   <http://econpapers.repec.org/scripts/search.pf?aus=Suresh%20Naidu>
    (Unknown)
   Abstract: This paper provides a quantitative analysis of the eects of
   the early law and economics movement on the U.S. judiciary. Using the
   universe of published opinions in U.S. Circuit Courts and 1 million
   District Court criminal sentencing decisions linked to judge identity, we
   estimate the eect of attendance in the controversial Manne economics
   training program, an intensive course attended by almost half of federal
   judges between 1976 and 1999. After attending economics training,
   participating judges use more economics language, render more conservative
   verdicts in economics cases, rule against regulatory/taxation agencies more
   often, and impose longer criminal sentences. These results are robust to
   adjusting for a wide variety of covariates that predict the timing of
   attendance. Non-Manne judges randomly exposed to Manne peers on previous
   cases increase their use of economics language in subsequent opinions,
   suggesting economics ideas diused throughout the judiciary.
   Keywords: Judicial Decision-Making, Ideology, Intellectual History
   Date: 2022–12–15
   URL: http://d.repec.org/n?u=RePEc:hal:wpaper:hal-03899739&r=hpe
   5. The Short-Termism of 'Hard' Economics
   <http://econpapers.repec.org/RePEc:ces:ceswps:_10160>
   By: Ilan Noy
   <http://econpapers.repec.org/scripts/search.pf?aus=Ilan%20Noy>; Shakked
   Noy <http://econpapers.repec.org/scripts/search.pf?aus=Shakked%20Noy>
   Abstract: “Longtermism” is the view that the impacts of our actions on
   the very long-term future deserve prominent consideration in
   decision-making. We discuss the primary barrier that prevents academic
   economists from contributing to longtermist research: an overly rigid
   preference for methodological “hardness” (Akerlof, 2020). Hardness bias
   prevents economists from engaging in methodologically pluralistic,
   interdisciplinary, qualitative, and other kinds of research, including most
   potential longtermist research. We unpack hardness bias, discuss its roots,
   illustrate how it prevents economists from engaging in longtermist
   research, and try to present a positive vision of the kinds of longtermist
   research economists could engage in if hardness norms were relaxed.
   Keywords: economic methodology, longtermism, academic economics,
   methodological hardness
   JEL: B40 <http://econpapers.repec.org/scripts/search.pf?jel=B40>
   Date: 2022
   URL: http://d.repec.org/n?u=RePEc:ces:ceswps:_10160&r=hpe
   6. [ review of ] Conservative Liberalism, Ordo-liberalism, and the
   State", by Kenneth Dyson, Oxford University Press, New York, 2021, xx + 592
   pp. £ 120 (hardback), ISBN 9780198854289.
   <http://econpapers.repec.org/RePEc:hal:journl:hal-03876905>
   By: Marie Daou
   <http://econpapers.repec.org/scripts/search.pf?aus=Marie%20Daou> (MRE -
   Montpellier Recherche en Economie - UM - Université de Montpellier); Alain
   Marciano
   <http://econpapers.repec.org/scripts/search.pf?aus=Alain%20Marciano> (MRE
   - Montpellier Recherche en Economie - UM - Université de Montpellier)
   Date: 2022
   URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03876905&r=hpe

------------------------------
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