Civilizing Capitalism: “Good” and “bad” greed from the enlightenment to Thorstein Veblen (1857-1929) Erik S. Reinert

This paper investigates the historical arguments about the role of self interest and greed in capitalism, and how scholars over time have categorised 'good greed' and 'bad greed'. Civilizing_Capitalism (Download the full text in PDF format) This article was originally published in Real-World Economics Review, issue no. 63.

Evolutionary Economics, Classical Development Economics, and the History of Economic Policy: A plea for theorizing by inclusion Erik S. Reinert

This paper argues that bringing evolutionary and Schumpeterian economics to the Third World would greatly benefit from including insights and elements from pre-Smithian economics, the history of economic policy and classical development economics. A truly evolutionary theory of economic change requires that all neo-classical assumptions be relaxed at the same time, while re-introducing the many factors that were recognised long ago as contributing to the unevenness of economic development. theorizing_inclusion (Download the full text in PDF format)