[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

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