Abstract Economic philosophy explores the conditions and limits of economic theory, the development of which implies an accelerated increase in complexity (which is the very definition of ’complexity’). Its first manifestations were the second theorem on general equilibrium, and the impossibility theorems on collective choice, as well as the public goods dilemma. For sure, it … Continue reading Economic philosophy and complexity
Tag: Economic Philosophy
J. G. Fichte, Reader of our Globalization. A Radical Criticism of International Trade
Abstract Any nation participating in the international division of labor necessarily derives an economic advantage greater than if it was in a situation of self-sufficiency. This is the fundamental, normative message of all the theoretical approaches that have tried to understand the foundation of exchanges between countries. Protectionism is therefore often condemned by economists who … Continue reading J. G. Fichte, Reader of our Globalization. A Radical Criticism of International Trade