Pioneers of Financial Economics:Das Adam Smith Irrelevanzproblem?

Establishing a Comprehensive Census of Undergraduate Economics Curricula: Foundational and Special Requirements for Major Programs in the U.S.

“…Of particular concern is that for over a century, in spite of desiring such competencies, the education of undergraduate economics majors and economists in the U.S. and much of the world, is of a narrow, decontextualized, superficial, hegemonic, even dogmatic, orthodoxy (Acemoglu, 2013;Almeida, 2016;Bartlett & Feiner, 1992;Brue, 1996;Caldwell, 1991;Caldwell, 2013;Chang, 2014;Earle et al, 2017;Edwards et al, 1970;Ferguson, 1980;Goodwin, 2001;Goodwin, 2018;Keita, 2012;Krueger, 2003;Lawson, 2012;Marglin, 2011;Moseley et al, 1999;Nembhard, 2008;Nesiba, 2012;Poitras & Jovanovic, 2010;Rishi, 1991a;Rishi, 1991b;Ross, 1995;Selca et al, 2012;Sheehan et al, 2015;Thornton, 2012;Thornton, 2013;Wilber, 1986). Current foundations of economics offer great tools to start with, but can be limiting unless students are taught what else there is within and outside of their discipline, and how to use this knowledge (Acemoglu, 2013;Almeida, 2016;Bartlett & Feiner, 1992;Brue, 1996;Caldwell, 1991;Caldwell, 2013;Davis, 1996;Earle et al, 2017;Edwards et al, 1970;Ferguson, 1980;Ferguson, 2011;Siegfried, 2012;…”

Econophysics: A New Challenge for Financial Economics?

“…At the 1966 annual meeting, the new president of the American Finance Association presented a paper on "The State of the Finance Field," in which he talked of the changes being brought about by "the creators of the New Finance [who] become impatient with the slowness with which traditional materials and teaching techniques move along" (Weston 1967 , p. 539). 18 Although these changes elicited many debates (Whitley 1986a(Whitley , 1986bMacKenzie 2006 ;Poitras et al 2007 ;Jovanovic 2008 ;Poitras et al 2010 ), none succeeded in challenging the global movement.…”

“… 1 On the history of mainstream financial economics, see Bernstein (1992), Jovanovic (2008), Melhring (2005, 2012), Poitras and Jovanovic (2007, 2010), or Whitley (1986a). …”

Adam Smith's reversionary annuity: money's worth, default options and auto-enrollment

“… 53 For more on the ‘Adam Smith Problem’ and inconsistency between The Theory of Moral Sentiments (1759) and Wealth of Nations , see Montes (2003) or Poitras and Jovanovic (2010. )…”