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Tag Archives: multidisciplinary economics
The Practical Significance of Keynes’s Philosophy
The Practical Significance of Keynes’s Philosophy Introduction During the 2010’s economics as a science has been heavily criticised. Eighty years ago the same happened. The First Great Depression of the 1930’s was a shock for the establishment of the academic … Continue reading
What’s wrong with behavioural economics?
What’s wrong with behavioural economics? The next book of Ariely is about to be published. Since I was quite disappointed about two others of his books, I’m not motivated to read it. Fortunately this weekend the daily journal Trouw published … Continue reading
Flyer Oxford Book about Multidisciplinary Economics
Multidisciplinary Economics, A Methodological Account Piet Keizer, Utrecht University School of Economics • Offers a micro-foundation for multidisciplinary economic research • Presents the role of psychological and sociological factors in explaining important real-life economic phenomena, such as the global economic … Continue reading
Are Financial Wars Our Future?
Are Financial Wars our Future? The position of the dollar has been weakened the last few decades and the financial markets have increasingly become a battlefield for rich and frustrated organisations, including governments to attack particular established positions. Even terrorist organisations … Continue reading
Piet Keizer on Thomas Piketty
Piet Keizer on Thomas Piketty Introduction This year Harvard University Press published the book by Thomas Piketty, titled “Capitalism in the Twenty-first Century. It appeared a hit. Many reactions, also from Paul Krugman, were very positive. Two important statements of … Continue reading
Piet Keizer on Dan Ariely on Irrationality
Behavioural economics tries to add psychological elements to the orthodox-economic analysis. But their experiments and empirical research are unacceptable as long as their framework of interpretation is very unrealistic. Dan Ariely’s Predictably Irrational is a good illustration of this problem. Continue reading