Journal of Economic Issues

1967 - 2025

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Volume 42, issue 4, 2008

Beware Those Offering “Gold Standards”: Evidence-Based Medicine and the Potential for Institutional Change in Clinical-Medical Provision pp. 885-912

Robert McMaster

Universal Health Care and the Economics of Responsibility pp. 913-938

Dell P. Champlin and Janet T. Knoedler

The Invisible Hands behind the Student Evaluation of Teaching: The Rise of the New Managerial Elite in the Governance of Higher Education pp. 939-958

Calin Valsan and Robert Sproule

The Feminist Political Economy of the Rent-Seeking Society: An Investigation of Gender Inequality and Economic Growth pp. 959-979

Elissa Braunstein

Women as Wives, Mothers or Workers: How Welfare Eligibility Requirements Influence Women’s Labor Force Participation – A Case Study of Spain – pp. 981-1004

Tonia L. Warnecke

Innovation and Economic Activity: An Institutional Analysis of the Role of Clusters in Industrializing Economies pp. 1005-1030

Saeed Parto

Structure, Agency and the Role of Values in Processes of Institutional Change pp. 1031-1054

Wilfred Dolfsma and Rudi Verburg

The Borrower of Last Resort: International Adjustment and Liquidity in a Historical Perspective pp. 1055-1081

Ramaa Vasudevan

Currency Crises in Transition Economies: Some Further Evidence pp. 1083-1099

Panagiotis Liargovas and Dimitrios Dapontas

Endogenous Institutions and the Politics of Property: Comparing and Contrasting Douglass North and Karl Polanyi in the Case of Finance pp. 1101-1122

Ann Davis

Trade Agreements and Labor Problems: The Current Bearing of a Commons Proposal pp. 1123-1144

J. Dennis Chasse

Do You Prefer Having More or More than Others? Survey Evidence on Positional Concerns in France pp. 1145-1158

Gilles Grolleau and Sandra Saïd

Globalization and Capitalism pp. 1159-1163

Richard Westra

Capital Rules: The Construction of Global Finance pp. 1163-1165

Ikee Gardner

Escape from Empire: The Developing World’s Journey through Heaven and Hell pp. 1165-1167

James Webb

Reintroducing Macroeconomics: A Critical Approach pp. 1167-1169

Tsung-wu Ho

What Do We Know About Globalization?: Issues of Poverty and Income Distribution pp. 1169-1170

Mark Curtis

Real World Economics: A Post-Autistic Economics Reader pp. 1171-1173

Mayo C. Toruño

Institutions and Norms in Economic Development pp. 1173-1174

Ferudun Yilmaz

Do Economists Make Markets? On the Performativity of Economics pp. 1175-1176

David Dequech

The Vocation of Business: Social Justice in the Marketplace pp. 1177-1179

Charles M. A. Clark

The Economy of the Earth: Philosophy, Law, and the Environment pp. 1179-1180

Clifford S. Russell

The Three Trillion Dollar War: The True Cost of the Iraq Conflict pp. 1180-1182

Michael G. Ellis

The Feminist Economics of Trade pp. 1183-1184

Ramya M. Vijaya

Moral Markets: The Critical Role of Values in the Economy pp. 1184-1188

Geoffrey Hodgson

Index Volume XUI – 2008 pp. 1189-1195

The Editors

Volume 42, issue 3, 2008

Do Economists Need to Rethink their Approaches to Modeling Intimate Partner Violence? pp. 583-606

Linda DeRiviere

From Boom to Bust: Did the Financial Fragility of Homeowners Increase in an Era of Greater Financial Deregulation? pp. 607-632

Christian E. Weller and Kate Sabatini

The Chilean Pension System at 25 Years: The Evolution of a Revolution pp. 633-647

Gregory J. Buchholz, Alberto Coustasse, Patricio Silva and Peter Hilsenrath

Surfing the Baby Boom Wave in the Netherlands pp. 649-672

Antoon Spithoven

An Introduction to the Economics of Fake Degrees pp. 673-693

Gilles Grolleau, Tarik Lakhal and Naoufel Mzoughi

Voluntary Ceding of Control: Why Do People Join? pp. 695-707

William H. Redmond

The Economic Behavior of Human Beings: The Institutional/Post-Keynesian Model pp. 709-726

Eduardo Fernández-Huerga

How Do Rulers Choose? Dual Domains of Discretion in Political Decision Making pp. 727-743

Christopher Coyne and Peter Leeson

The Economics of Nonprofit Organization: In Search of an Integrative Theory pp. 745-761

Vladislav Valentinov

Trade Openness and Growth: Is There Any Link? pp. 763-785

Prabirjit Sarkar

Positive Effects of a Decentralized Fiscal Expansion in the European Monetary Union pp. 787-802

Rosaria Rita Canale

More Government or Less Government? Further Thoughts for Promoting the Government pp. 803-821

Brian Lin

John R. Commons, the New Deal and the American Tradition of Empirical Collectivism pp. 823-851

Rick Tilman

Galbraith’s Preference Mappings: Needs and Wants Evidence from the 2005 Consumer Budget Study pp. 853-862

Craig Medlen

Buying Freedom: The Ethics and Economics of Slave Redemption pp. 863-864

Paul Ramskogler

The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics pp. 864-866

C. Meghan Starbuck

Europäischer Institutionalismus: Die Kernkonzepte Open System Approach (OSA) und Circular Cumulative Causation (CCC) und ihre Bedeutung für die moderne evolutorischinstitutionelle ökonomik (European Institutionalism: The Conceptualization of the Open System Approach and Circular Cumulative Causation and their Meanings in Modern Evolutionary-Institutional Economics) pp. 866-867

Helge Peukert

The Soulful Science: What Economists Really Do and Why It Matters pp. 867-869

John Henry

Behavioral Economics and Its Applications pp. 869-870

Wayne Edwards

Delivering on Doha – Farm Trade and the Poor pp. 870-872

Tsung-wu Ho

The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too pp. 872-874

L. Randall Wray

The Future of the Welfare State: European and Global Perspectives pp. 874-876

Mayo C. Toruño

The Structure of Post Keynesian Economics: The Core Contributions of the Pioneers pp. 876-878

Felipe Carvalho de Rezende

Empirical Post Keynesian Economics: Looking at the Real World pp. 878-880

John Harvey

The Economic Geography of Innovation pp. 880-882

Pedro Marques

Fair Trade for All: How Trade Can Promote Development pp. 882-884

Winston H. Griffith

Volume 42, issue 2, 2008

The 2008 Veblen-Commons Award Recipient: Rick Tilman pp. 287-287

The Editors

Institutional Economics as Social Criticism and Political Philosophy pp. 289-302

Rick Tilman

Purpose and Measurement of National Income and Product pp. 303-316

Glen Atkinson

Deducing Principles of Economics from Ontological Constraints on Information pp. 317-325

Carsten Herrmann-Pillath

Elites and Structural Inertia in Latin America: An Introductory Note on the Political Economy of Development pp. 327-347

Mario Cimoli and Sebastián Rovira

Continuity and Continuousness: The Chain of Ideas Linking Peirce’s Synechism to Veblen’s Cumulative Causation pp. 349-355

John Hall and Oliver Whybrow

Circular Cumulative Causation (CCC) à la Myrdal and Kapp — Political Institutionalism for Minimizing Social Costs pp. 357-365

Sebastian Berger

Nicholas Kaldor and Cumulative Causation: Public Policy Implications pp. 367-373

Steven Pressman and Richard P. F. Holt

Principle of Circular and Cumulative Causation: Fusing Myrdalian and Kaldorian Growth and Development Dynamics pp. 375-387

Phillip Anthony O’Hara

Circular and Cumulative Causation and the Social Fabric Matrix pp. 389-397

F. Gregory Hayden

How Veblen Generalized Darwinism pp. 399-405

Geoffrey Hodgson

Eat Grubs and Live: The Habit-Instinct Problem in Institutional Evolutionary Economics pp. 407-413

Clifford S. Poirot

Darwinian Foundations for Evolutionary Economics pp. 415-423

J. W. Stoelhorst

Globalization and the Nation-State: Dead or Alive pp. 425-433

Richard L. Brinkman and June E. Brinkman

Did Yunus Deserve the Nobel Peace Prize: Microfinance or Macrofarce? pp. 435-443

John Adams and Frank Raymond

Institutional and Ecological Economics: The Role of Technology and Institutions in Economic Development pp. 445-452

Daphne T. Greenwood and Richard P. F. Holt

Unemployment Insurance Reform: Elements of a Social Provisioning Approach pp. 453-460

Janice Peterson

John R. Commons’ Contributions to Health Care Reform in the 21st Century pp. 461-468

Stephen P. Paschall

A Critical Assessment of Electricity and Natural Gas Deregulation pp. 469-477

Harry M. Trebing

Economic Regulation - The Lights Are Still On: A View from the Inside pp. 479-487

Burl Haar

Institutional Challenges in the Development of the World’s First Worker-Owned Free Trade Zone pp. 489-498

Paul Susman and Geoffrey Schneider

The Role of Risk as an FDI Barrier to Entry during Transition: The Case of Bulgaria pp. 499-508

Aristidis Bitzenis and John Marangos

Arguing for Policy Space to Promote Development: Prebisch, Myrdal, and Singer pp. 509-516

P. Sai-wing Ho

“Silent Trade” and the Supposed Continuum between OIE and NIE pp. 517-526

Wilfred Dolfsma and Antoon Spithoven

Logics of Justification and Logics of Action pp. 527-535

David Dequech

Confronting Foster’s Wildest Claim: “Only the Instrumental Theory of Value Can Be Applied!” pp. 537-544

Baldwin Ranson

Veblenian Concept of Habit and Its Relevance to the Analysis of Captured Transition pp. 545-552

Anna Klimina

Organizational Learning: A Process between Equilibrium and Evolution pp. 553-559

David Cayla

Galbraith’s Heterodox Teacher: Leo Rogin’s Historical Approach to the Meaning and Validity of Economic Theory pp. 561-568

Robert Dimand and Robert H. Koehn

Formal Institutions in Historical Perspective pp. 569-576

William H. Redmond

Veblen on Interpreting Veblen pp. 577-582

Matthew C. Wilson

Volume 42, issue 1, 2008

Introduction pp. 1-2

J. Ronald Stanfield and Richard V. Adkisson

Ken pp. 3-4

Richard Parker

Galbraith and Robinson’s Second Crisis of Economic Theory pp. 5-11

Mary Wrenn, James Ronald Stanfield and Michael Carroll

John Kenneth Galbraith: Cultural Theorist of Consumption and Power pp. 13-24

William Waller

Galbraith and the Problem of Uneven Development pp. 25-35

Jim Peach

Economic Consequences of Armaments Production: Institutional Perspectives of J.K. Galbraith and T.B. Veblen pp. 37-49

James M. Cypher

Socially Responsible Investment and Pro-Social Change pp. 51-73

Martha A. Starr

Determinants of Housing Loan Patterns Toward Minority Borrowers in Mississippi pp. 75-96

Fidel Ezeala-Harrison and Glenda B. Glover

What Accounts for Intra-Industry Wage Differentials? Results from a Survey of Establishments pp. 97-114

David Fairris and Erik Jonasson

Rationality as a Social Construction: What Does Individual Behavior Have to Say about Development in an Amazon Community? pp. 115-132

Andrés Marroquín Gramajo

American Prosperity and the “Race to the Bottom:” Why Won’t the Media Ask the Right Questions? pp. 133-151

Dell P. Champlin and Janet T. Knoedler

Demand Constraints and Big Government pp. 153-173

L. Randall Wray

Uncertainty and Exploitation in History pp. 175-194

Engelbert Stockhammer and Paul Ramskogler

Institutionalism and New Trade Theory: Rethinking Comparative Advantage and Trade Policy pp. 195-208

Thomas Palley

The Ideology of the Laissez Faire Program pp. 209-224

John Henry

John R. Commons and John Maynard Keynes on Economic History and Policy: The 1920s and Today pp. 225-242

Charles J. Whalen

The Free Lunch: Arbitrage Profits Associated with Credit Cards pp. 243-247

Austin H. Spencer

A Minsky Moment: Reflections on Hyman P. Minsky (1919-1996) pp. 249-253

Charles J. Whalen

Why Is This Cycle Different from All Other Cycles? pp. 255-268

Howard J. Sherman and Paul D. Sherman

The Economics of Consumer Credit pp. 269-270

Robert H. Scott

The Innocents at Cedro: A Memoir of Thorstein Veblen and Some Others pp. 270-272

Jairo Parada

Adam’s Fattacy: A Guide to Economic Theology pp. 272-273

Janice Peterson

Globalization and the Politics of Pay: Policy Choices in the American States pp. 274-274

Michael V. Idoni

Innovation and Its Discontents: How Our Broken Patent System Is Endangering Innovation and Progress, and What to Do about It pp. 275-276

Erik N. Dean

Economics Confronts the Economy pp. 276-277

Frederic Lee

Polarized America: The Dance of Ideology and Unequal Riches pp. 278-279

Janet T. Knoedler

The Economics of Non-Selfish Behavior: Decisions to Contribute Money to Public Goods pp. 279-281

Ronnie Phillips

Governing Fortune: Casino Gambling in America pp. 281-282

William A. Taggart

Anarchy and the Law: The Political Economy of Choice pp. 283-283

Wayne Edwards

Institutions and the Environment pp. 284-285

Jack Reardon