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Author: Marie Briguglio

Introduction While some people may find it surprising that economists are concerned with subjects like social wellbeing, the truth is that wellbeing is at the very heart of the subject of Economics. Economics is the study of choice under conditions of scarce resources. More specifically, the

In: Perspectives on Wellbeing
Author: Sam Ashman

Economics has been the ‘dismal science’ since at least as early as 1849 when Thomas Carlyle labelled it as such. This was initially as a description of Malthus’s arguments about population growth (which later would become known as the ‘dismal theorem’) and then it was repeated in his essay

In: Historical Materialism
Author: Patrick Nullens

1 Introduction Feelings of hope and the science of economics—do they make a good match? Economics appears to be a field of study for down-to-earth people as it is based on numbers, facts, efficiency, and tangible results. As far as any uncertainty is permitted, economists prefer to speak

In: Philosophia Reformata
Author: David McNally

harmonise self-interested behaviours; he was actually acknowledging that the crisis had blown up the theoretical assumptions underlying arguably the most important ‘innovations’ in mainstream economics in the past half-century – mathematical risk-assessment models and the finance theory that underpins them

In: Historical Materialism

related to inequality such as international trade, migration and de-industrialisation. Theologians and economists have participated in the modern debate though often from different perspectives. It is a goal of this essay to reach modestly over the disciplinary divide between public theology and economics

In: International Journal of Public Theology
Author: Paul Burkett
This book undertakes the first general assessment of ecological economics from a Marxist point of view, and shows how Marxist political economy can make a substantial contribution to ecological economics. The analysis is developed in terms of four basic issues: (1) nature and economic value; (2) the treatment of nature as capital; (3) the significance of the entropy law for economic systems; (4) the concept of sustainable development. In each case, it is shown that Marxism can help ecological economics fulfill its commitments to multi-disciplinarity, methodological pluralism, and historical openness. In this way, a foundation is constructed for a substantive dialogue between Marxists and ecological economists.