Journal of Economic Issues

1967 - 2025

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Volume 51, issue 4, 2017

Logic of Scientific Inquiry and the Evolutionary Process: In Search of a Veblenian Descriptive Model pp. 891-914

Manuel Luz

“Social Freedom” in the Twenty-First Century: Rereading Polanyi pp. 915-938

Michele Cangiani

Complexity Economics as Heterodoxy: Theory and Policy pp. 939-978

Wolfram Elsner

Income Inequality and Technological Adoption pp. 979-1000

Marcelo Santos, Tiago Sequeira and Alexandra Lopes

Modern Money Theory and Distributive Justice pp. 1001-1018

Justin P. Holt

Should Banks Be Banned From Creating Money? An Analysis From the Perspective of Hierarchical Money pp. 1019-1032

Susanne von der Becke and Didier Sornette

Marginal Economy: Growth Strategies for Post-Growth Societies pp. 1033-1046

Steffen Roth

Comment: Marrying Functional Differentiation and Institutional Economics: Reflections on Steffen Roth’s Article pp. 1047-1053

Vladislav Valentinov

Financial Structure Changes and the Central Bank Policy pp. 1054-1073

Laurent Le Maux

The Labor-Managed Firm: Permanent or Start-Up Subsidies? pp. 1074-1093

Loek Groot and Daan van der Linde

Institutionalism and the “Common Man” Through the Lens of Philip Klein: Business Cycles, the Public Sector, and Keynes’s Economics pp. 1094-1113

Charles J. Whalen

Imperfect Information and Opportunism pp. 1114-1136

Ashok Chakravarti

Toward a Wider Analysis of Market Definition: Theory and Evidence from the Turkish Telecommunications Industry pp. 1137-1157

Tamer Çetin

Hiding in Plain Sight: A Note on Public Goods, Information Technology, and Productivity pp. 1158-1161

Russell Houldin

Rick Tilman: Thorstein Veblen and His European Contemporaries, 1880–1940: A Study of Comparative Sociologies pp. 1162-1164

William Dugger

Michael Jacobs and Mariana Mazzucato, eds.: Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth pp. 1165-1167

Avraham Baranes

Fred Block and Margaret R. Somers: The Power of Market Fundamentalism: Karl Polanyi’s Critique pp. 1168-1170

Paul J. Kubik

Index: Volume LI — 2017 pp. 1171-1178

The Editors

Acknowledgements pp. 1179-1180

The Editors

Volume 51, issue 3, 2017

Habit, Decision-Making, and Rationality: Comparing Thorstein Veblen and Early Herbert Simon pp. 567-587

Olivier Brette, Nathalie Lazaric and Victor Vieira da Silva

Toward Generalized Evolutionism: Beyond “Generalized Darwinism” and Its Critics pp. 588-612

Shiping Tang

A History of the Founding and Early Years of AFEE pp. 613-634

Marco Cavalieri and Felipe Almeida

Banking on ELR: How Hyman Minsky’s Ideas Can Help Tackle Unemployment pp. 635-650

Giuseppe Mastromatteo and Lorenzo Esposito

Rethinking the Links between Human Relationships and Economic Efficiency Using Local Institutions: The Case of Two Emerging Economies pp. 651-662

Camille Baulant

Institutional Foundations of Heritage Railways: The High Cost of Low Trust in the Preservation of Merit Goods pp. 663-687

Manuel Muriel

The Role of Governments in Aligning Functional Income Distribution with Full Employment pp. 688-697

Antoon Spithoven

Courts and Firm Investments in Real Property pp. 698-720

Michael Troilo and J. Markham Collins

Listen Libertarians!: A Review of John Tomasi’s “Free Market Fairness” pp. 721-747

David Ellerman

The Impact of Higher Education Funding on Socio-Economic Variables: Evidence from EU Countries pp. 748-781

Emilia Câmpeanu, Dalina Dumitrescu, Ionela Costică and Iustina Boitan

The Index of “Economic Independence”: A New Measure of an Economy’s Ability to Survive Unilaterally pp. 782-812

Heba Helmy

Asset Mapping, the Social Fabric Matrix, Economic Impact Analysis, and Criteria for Sustainability and Justice: Operational Elements for Holistic Policy Planning pp. 813-827

Daniel A. Underwood and Dan Friesner

Mismatch between Material Deprivation and Income Poverty: The Case of Turkey pp. 828-842

Aysenur Acar, Bulent Anil and Seyfettin Gursel

The Impact of Administrative Reform on the Central Functions of Larger Polish Cities pp. 843-862

Katarzyna Przybyła and Marian Kachniarz

Dave Elder-Vass: Profit and Gift in the Digital Economy pp. 863-871

William Waller

Hiroyuki Uni, ed.: Contemporary Meanings of John R. Commons’s Institutional Economics: An Analysis Using a Newly Discovered Manuscript pp. 872-876

Charles J. Whalen

Michael J. Murray and Mathew Forstater, eds.: The Job Guarantee: Toward True Full Employment pp. 877-880

Barbara Hopkins

In Memoriam: A. Allan Schmid (1935–2017) pp. 881-888

Eric Scorsone

In Memoriam: David Hamilton (1918–2016) pp. 889-890

William Waller

Volume 51, issue 2, 2017

The 2017 Veblen-Commons Award Recipient: John F. Henry pp. 247-248

Mario Seccareccia

The 2017 Veblen-Commons Award Recipient: John F. Henry: “Brutus Is an Honorable Man” pp. 249-261

John Henry

Three Short Stories of Progressive Institutional Change pp. 263-284

Deborah M. Figart

The Concept of Development Conventions: Some Suggestions for a Research Agenda pp. 285-296

David Dequech

Reproducing the Firm: Routines, Networks, and Identity pp. 297-304

Wilfred Dolfsma, Liza Chong-Simandjuntak and Amber Geurts

Social Innovation, Gender, and Technology: Bridging the Resource Gap pp. 305-314

Tonia Warnecke

Vested Interests and the Common People in Developing Countries: Understanding Oppressive Societies and Their Effects pp. 315-322

Lane Vanderslice

Growth Miracle or Endangered Development? Vested Interests, Policy-Making, and Economic Development in the Dominican Republic pp. 323-331

Svenja Flechtner

Financialization and Vested Interests: Self-Regulation vs. Financial Stability as a Public Good pp. 332-340

Faruk Ülgen

Which Vested Interests Do Central Banks Really Serve? Understanding Central Bank Policy Since the Global Financial Crisis pp. 341-350

Mario Seccareccia

Financialization in the American Pharmaceutical Industry: A Veblenian Approach pp. 351-358

Avraham Izhar Baranes

Countering the Power of Vested Interests: Advancing Rationality in Public Decision-Making pp. 359-365

Joseph Stiglitz

A Veblenian Analysis of For-Profit Universities pp. 366-374

John Watkins and James E. Seidelman

The Higher Earning in America: Are 529 Plans a Good Way to Save for College? pp. 375-382

Steven Pressman and Robert H. Scott

The Narrow and Broad Approaches to Evolutionary Modeling in Economics pp. 383-391

Torsten Heinrich

The Complementary Relationship Between Institutional and Complexity Economics: The Example of Deep Mechanismic Explanations pp. 392-400

Claudius Gräbner-Radkowitsch

Inequality and Income Distribution in Global Value Chains pp. 401-408

Carlos Aguiar de Medeiros and Nicholas Trebat

Rethinking the Foundation of the Original Institutional Economics Policy and Reform Program: Reactions to Thomas C. Leonard’s “Illiberal Reformers” pp. 409-416

Eric Scorsone and David Schweikhardt

An Institutional Perspective on International Financial Governance: How Much Has Happened Since the Crisis? pp. 417-422

Eugenia Correa and Alicia Girón

Technological and Institutional Interaction in the Shale Oil Revolution pp. 423-430

James T. Peach and Richard V. Adkisson

The Meritocratic Elite vs. the Common Man: Income Inequality in the Affluent OECD Countries pp. 431-439

Kosta Josifidis and Novica Supic

Vested Interests and the Common Man as Seen Through Monetary and Fiscal Policy: Flooding Wall Street or Main Street? pp. 440-445

Gregorio Vidal and Wesley C. Marshall

Premature Deindustrialization and the Defeminization of Labor pp. 446-457

Joshua Greenstein and Bret Anderson

The Lost Promise of Democratic Socialism in Russia pp. 458-466

Anna Klimina

An Evaluation of Institutional Matrices Theory Which Was Designed to Illustrate Differences Between Russian and Western Political Economies pp. 467-475

F. Gregory Hayden

Institutional Matrices Theory, or X- and Y-Theory: A Response to F. Gregory Hayden pp. 476-485

Svetlana Kirdina-Chandler

Public Policy, Vested Interest, and Common People in Brazil in the Twenty-First Century pp. 486-494

Ivan Gambus and Felipe Almeida

Care and the Neoliberal Individual pp. 495-502

Mary V. Wrenn and William Waller

The Vested Interests and the Evolving Moral Economy of the Common People pp. 503-510

Olivier Brette

From Mass Flourishing to Vested Interests: A Conceptual Model for the Evolution of Organizational Institutions pp. 511-519

Lauri Pietinalho

Information Asymmetries and Risk Management in Healthcare Markets: The U.S. Affordable Care Act in Retrospect pp. 520-540

Roger Mendoza

Veblen’s Two Types of Instinct and the Cognitive Foundations of Evolutionary-Institutional Economics pp. 541-562

Vincent Barnett

Heather Boushey: Finding Time: The Economics of Work-Life Conflict pp. 563-566

Janice Peterson