Journal of Economic Issues

Founded in 1967, the Journal of Economic Issues is a quarterly journal that publishes articles on economic methodology, economic control and policy problems. It also contains book reviews and proceedings of annual meetings conducted by the Association of Evolutionary Economics, its publisher.It is edited by Richard V. Adkisson.

Articles from Vol. 32, No. 4, December

A Note on Deconstruction
The controversy over the deconstruction of John R. Commons's regulatory discourse has two parts: the nature and role of deconstruction and its application to Commons. In this Note, I address both topics. Deconstruction Deconstruction has been...
A Note on Economic Growth in Eastern Europe
The economic problems and relatively lower income per capita of Eastern Europe compared to Western Europe and the United States have frequently been blamed on the communist past of these countries [Pipes 1993]. For instance, even well-cited and well-regarded...
A Potential for Understanding and the Interference of Power: Discourse as an Economic Mechanism of Coordination
Mainstream economic theory usually neglects the fact that economic actors communicate with each other using ordinary language. At least the microeconomic textbook version of the rational utility maximizing man is basically a speechless person. To coordinate...
Commons and Keynes: Their Assault on Laissez Faire
In his remarks upon receiving the Veblen-Commons Award from the Association for Evolutionary Economics, Wallace Peterson said that "Keynes and institutionalism are the two major intertwined threads in my work as an economist" [Peterson 1992, 337]....
Deconstruction and Reasonable Value
Is this unfair? Yes, No. But what about later? Here is a prediction and a hope: Without ever forgetting the journalist, people will learn to read "all" of the work . . . toward that which opens itself up there. - Derrida [1988b, 591]. It means...
Economics and Institutions: The Socioeconomic Approach of K. William Kapp
Most of the existing reviews of K. William Kapp's concept of social costs and his critique of economic theory originate in the seventies and eighties when Kapp was rediscovered as one of the founders of environmental policy. A review of his works pertaining...
Economic Theories about the Benefits and Costs of Patents
Since the early 1980s, patent policy in the United States has been strengthened, broadened, and extended to areas and actors where earlier patenting was relatively rare. The Court of Appeal for the Federal Circuit, established in 1982 to deal with...
Flying High on Deconstruction and Reasonable Value
Chasse is a polemicist. His belligerence is both deadly and sneaky. After killing off two pilots on an imagined Air France Concorde, he condemns us and Derrida to collective suicide - all this buried in endnote seven! There are three ways of dealing...
Institutionalist Approaches to Full-Employment Policies
Wendell Gordon's recent [1997] note in this journal is a welcome commentary on institutionalist contributions to full employment policy. In particular, Gordon cites the support of institutionalists (including his own) for job assurance through a government...
Men of Steel Meet the Market: Interpreting Firm Behavior in Russia's Metallurgy Industry
The transformation of industrial enterprises from formerly state-owned entities, operating within a centrally managed economic system, to relatively autonomous, market-oriented firms, making independent production and investment decisions, represents...
Non-Redistributing Prices and Exclusion in the Evolution of the Internet
The Internet is evolving. Exponential growth in the number of new networks and users has been observed in recent years. This phenomenon is closely related to greater penetration of commercial relationships in the networks. While greater integration...
Poverty, Single-Parent Households, and Youth At-Risk Behavior: An Empirical Study
This is a study of the relationship between supportive family attributes for an eighth grade cohort and their twelfth grade involvement in drug and/or alcohol use, and sexual activity, or, as it is called, "at-risk" behavior. The rise in the number...
The Poor and Transportation: A Comment of Marlene Kim's 'The Working Poor: Lousy Jobs of Lousy Workers?'
Marlene Kim's excellent article on the inability of most working poor to lift themselves out of poverty by working more hours was an informative and important contribution to our understanding of the difficulties and frustrations faced by a large segment...
The Second Stage of Bioethics and Institutionalist Economics
Changes in financing practices, health care delivery methods, and medical technologies have led to a process of intense self-examination and fundamental reorientation in the health care system. Medical ethics is one component under examination. Be...
Transaction Costs and the Historical Evolution of the Capitalist Firm
The aim of this paper is to critically assess the contribution of transaction costs economics (TCE) in explaining the nature of the firm. TCE suffers from conceptual problems and lacks a historical-evolutionary basis. The pursuit of a historically...