Author archives: Jesús Zamora Bonilla

The moral limits of markets (1): of fines and gifts

The moral limits of markets (1): of fines and gifts

EconomicsEthics

By Jesús Zamora Bonilla

Israeli nurseries are particularly famous amongst economists (at least, amongst experimental economists). An already classical study shown that, following a ‘natural experiment’ in which some day-care centers opted for issuing a fine to parents for late children’s pickups, while other nurseries didn’t, not only helped to decrease (as expected) the frequency of late pickups, but […]

The Grand Bazaar of Wisdom (3): Epistemic utility approaches

The Grand Bazaar of Wisdom (3): Epistemic utility approaches

Philosophy of science

By Jesús Zamora Bonilla

Another route that has been followed to apply economic thinking to scientific methodology has consisted into trying to define a specific (‘cognitive’, or ‘epistemic’) utility function which rational scientific research should maximise. This has been the strategy of what is usually called cognitive decision theory , which is basically an adaptation of the Bayesian theory […]

The Grand Bazaar of Wisdom (2): Cost-benefit approaches to the growth of scientific knowledge

The Grand Bazaar of Wisdom (2): Cost-benefit approaches to the growth of scientific knowledge

EconomicsEpistemologyPhilosophy of science

By Jesús Zamora Bonilla

The first known application of modern economic techniques to solving epistemic problems in science was very explicit in describing the value of a scientific theory as the difference between ‘costs’ and ‘benefits’. I’m referring to Charles Sanders Peirce’s ‘Note of the Theory of the Economy of Research’, published in 1879, less than a decade after […]

Deflating truth (3)

Deflating truth (3)

Philosophy of science

By Jesús Zamora Bonilla

We saw in the second entry of this series that predicates like “…is true” have the following linguistic function: applied to an expression that designates a sentence X, they render a new (pro)sentence (“X is true”) that expresses exactly the same as the first proposition. This has lead some philosophers (not a majority, really) to […]

History and legend in the origins of Islam (and IV)

History and legend in the origins of Islam (and IV)

AnthropologyHistoryLinguistics

By Jesús Zamora Bonilla

We shall close with this entry our series (I, II, III) about the origins of Islam, indicating some further interesting facts about the Qur’an. 4) By Muhammad’s time, the Arabic alphabet contained no marks for vowels; furthermore, some groups of consonants were written with exactly the same character (e.g., the symbols for sounds b, t […]