
Theories Developing in Conditions of War and Depression
The period between 1914 and 1945 marks years of turmoil in European history. Two world wars and the greatest economic crisis ever seen...
Arda Tunca
Nov 13, 20246 min read

The Process Leading to the 1929 Depression and Its Causes
There have been many different views on what the factors that caused the 1929 Depression were. These views were discussed especially by...
Arda Tunca
Nov 13, 20246 min read


Development of Mathematics, Statistics and Econometrics in Economics
It is essential that branches of science use methods to conduct research and develop theories. There is philosophy behind the method. The...
Arda Tunca
Nov 13, 20247 min read

The Process That Led to the Halt of Globalization: World War I
Economic theories cannot be evaluated without considering the social, political, cultural and economic conditions of the periods in which...
Arda Tunca
Nov 13, 20246 min read

Economic Developments of the Late 19th Century
It is exciting to look at the economic developments in the 19th century. Especially when we consider the events of the first quarter of...
Arda Tunca
Nov 13, 20244 min read

Neoclassical School - 3: Development of Economics in the USA
For most of the 19th century, the US economy was protected by high tariffs. While industrialists were happy to be protected by these high...
Arda Tunca
Nov 13, 20247 min read


Neoclassical School - 2: Historians and Theorists
The Neoclassical School had begun to be grounded in mathematics to a great extent with the efforts of Jevons and Walras to increase the...
Arda Tunca
Nov 13, 20245 min read

Neoclassical School - 1: The Increasing Scientificness of Economics
In the third article of the series of articles aimed at searching for the roots of the economic problems experienced globally today in...
Arda Tunca
Nov 13, 202411 min read

The Crisis of 1873 in the Middle of a Globalizing World
I had completed the first article of the series, in which I began to analyze the development process of capitalism in order to understand...
Arda Tunca
Nov 13, 20248 min read


The Invisible Hand: The Transition from Mercantilism to Industrialization
Today's global economic order is unhealthy and diseased. If we try to capture a historical perspective to understand this unhealthy...
Arda Tunca
Nov 13, 20244 min read


Another Newton Discovered by Keynes
In 1936, John Maynard Keynes attended a Sotheby’s auction. What he purchased was not just a collection of scientific notes, but Isaac...
Arda Tunca
Nov 13, 20243 min read


Questions on the Philosophical Foundations of Science
Does every a priori proposition necessarily have to be analytic? Does every a posteriori proposition necessarily have to be synthetic?...
Arda Tunca
Nov 13, 20243 min read


Shame on Those Who Sold Their Pens
Is everyone who writes, draws, and licks a little ink an intellectual? Is it possible to call everyone who is a little more intellectual...
Arda Tunca
Nov 13, 20244 min read


The Dysfunctional Financial Sector
After the 1929 Depression, when the economic theory entered a new era with the Keynesian revolution, which was called the "French...
Arda Tunca
Nov 13, 20244 min read


Plaza and Louvre Treaties
The main topic of the fall meetings of the World Bank and IMF will be the effects of the impending recession on the global economy....
Arda Tunca
Nov 13, 20244 min read


Robert Mundell: How to Become a Global Currency
Could the world one day switch to a single currency? In other words, is it possible to have a global currency? The concept is a subject...
Arda Tunca
Nov 13, 20245 min read


Marvin Jones - Erdal Inonu
Turkey lost Erdal İnönü in the fall of 2007. Erdal İnönü had a quality that was far superior to his other qualities, such as being the...
Arda Tunca
Nov 13, 20244 min read


Income Equality in Growth
Sustainable growth is the way for low-income groups of societies to move up to higher income groups in the long term. Income per capita...
Arda Tunca
Nov 13, 20243 min read


Is Economics in Search of Order?
In qualified columns and academic publications, the point that capitalism has reached is being questioned. The highly conscious segments...
Arda Tunca
Nov 13, 20246 min read


The Future of the Global Economic Order
Having spent the first half of the 20th century with two world wars and the Great Depression of 1929, the world was trying to create...
Arda Tunca
Nov 13, 20245 min read