Template-Type: ReDIF-Article 1.0 Author-Name: Ragıp Ege Author-Workplace-Name: Strazburg Üniversitesi Title: Hegel’den Marx’a : «Olumsuzun Emeği» Abstract: The present study is an interrogation on the thesis that the analyses Marx develops on the capitalist mode of production are greatly inspired by the Hegelian concept of the “work of the negative”. At the beginning of his Phenomenology of Spirit Hegel insists on the fact that the truth is equally subject. Subject is a reality which continually produces, and through its production it produces itself continually. Marx states that the capitalist system is also governed by a logic of uninterrupted production, by a logic of “production for production”. In that sense the capitalist system is also a process of uninterrupted negation of the given. In Marxian analyses, the concept of “the work of the negative” finds its equivalent in the concept of infinite production of “value”. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Hegel, Marx, NegativeJournal: Yildiz Social Science Review Pages: 79-92 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628147012-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:79-92 Template-Type: ReDIF-Article 1.0 Author-Name: Ercan Eren Author-Workplace-Name: Yıldız Teknik Üniversitesi, İktisat Bölümü Title: Bilim(ler) ve İktisat Abstract: The question of 'what type of science is economics' has been discussed as early as the first mention of economics (first political economy and then economics) as a concept. This topic is discussed especially in the methodology and philosophy of economics studies, with varying answers depending on the approach. The prevailing view in social sciences is that economics is a positive science and should follow the methods used in natural sciences. This article does not particularly deal with such discussions. Our goal here is, without touching this issue much, to mention the art and social science aspects of economics, as well as to address agent-based computational economics (ACE)'s claim of performing realistic economics Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Natural and Social Sciences, Science of Artificial, Applied Economics, Social Economics, Agent-Based Computational Economics.Journal: Yildiz Social Science Review Pages: 93-110 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628147176-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:93-110 Template-Type: ReDIF-Article 1.0 Author-Name: Hüseyin Özel Author-Workplace-Name: Hacettepe University, Department of Economics Title: Four Horsemen of The Apocalypse: Marx, Weber, Schumpeter, and Polany Abstract: This paper aims at understanding the unstable character of the capitalist society, by drawing upon some respective work of Marx, Weber, Schumpeter, and Polanyi. All four, it is argued, share similar visions towards capitalism and contend that the working of capitalism undermines its own institutional structure. The paper advances three theses: all four thinkers conceive human history as displaying both human self expression and the loss of freedom due to increasing rationalization and alienation; according to them capitalism creates both the preconditions of self-realization and rationalization at once; and they also believe that the very success of capitalism is the basic cause of its failure. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Marx, Polanyi, Weber, Schumpeter, Alienation, Iron cage, creative destruction, double movementJournal: Yildiz Social Science Review Pages: 111-124 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628147340-en.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:111-124 Template-Type: ReDIF-Article 1.0 Author-Name: Turkan Mine Kara Author-Workplace-Name: Bilkent University, Department of Economics Title: L. Lachmann, D. Lavoie and a Critical Look to the Austrian School’s Revival: Can Hermeneutics be a Solution to the Agent-Structure Problem? Abstract: In this paper, Austrian’s school revival and some of their members’ U turn toward hermeneutics is questioned, regarding the agent-structure problem in social sciences. Rather than reconciling individual and social structure, the mainstream neoclassical school dichotomize these two constructs. Austrian economics criticize neoclassical economics due to its several reductionist assumptions related with its human agent. On the other hand Austrian school recognizes the significance of “cognitive and subjective individual” as a central unit of analysis related with its action theory. Here in this paper the idea of reconciliation of “subjective individualism with hermeneutics” after the revival of Austrian economics is questioned and it is tried to shown that this attempt is not successful methodologically. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Austrian School, Hermeneutics, Agent-StructureJournal: Yildiz Social Science Review Pages: 125-136 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628147674-en.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:125-136 Template-Type: ReDIF-Article 1.0 Author-Name: Kaan İrfan Öğüt Author-Workplace-Name: Bahçeşehir Üniversitesi, İİBF Öğretim Üyesi Title: Kompleksite İktisadi Çerçevesinde Keynes ve Keynesyen Makro İktisat: Metodolojik Bir Analiz Abstract: Complexity economics, which considers the economy as an evolving and adaptive complex system with nonlinear interactions and feedback loops, has developed besides mainstream economics and it has reminded us numerous important topics like uncertainty, heterogeneous expectations, bounded rationality, herd effect, that are generally ignored by the mainstream. Early traces of this approach can be followed from Schumpeter, Hayek, Keynes, Simon and also Smith (Hommes, 2013). Economic system, taken by complexity economics is not necessarily in equilibrium and agents change their actions in response to actions of others (Arthur, 2015). Purpose of this study is to demonstrate the similarity between the Keynesian Revolution as an example of Kuhnian paradigm shift and the complexity economics and also to call attention to potential contributions of complexity economics through its computation and simulation capacity to develop a new approach in economic theory. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Complexity, Keynesian Revolution, Time and Uncertainty in EconomicsJournal: Yildiz Social Science Review Pages: 137-152 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628147936-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:137-152 Template-Type: ReDIF-Article 1.0 Author-Name: Altuğ Yalçıntaş Author-Workplace-Name: Title: n≥30 vs. n=all: Büyük Veri, Veri Obezitesi ve Kaybolan Nedensellikler Abstract: Economists have long been criticized based on the fact that the assumptions of the theoretical models in economics are not always realistic. Big data analysis can be an opportunity for economists to fix this problem. I disagree. While big data analysts, to a large extent, need all available data (i.e. n=all) for the models to reach useful conclusions, I argue, they are not always interested in explaining causes and causal relations among variables. Instead, big data analysts strive for revealing correlations among events. Big data models that require n=all to produce useful conclusions lead to data obesity in economics where researchers turn into blind empiricists who look for correlations, rather than causations, within massive data sets. As a result of big data analyses, causes and causal effects may soon disappear from the scientific discourse. Big data analyses can cause economics to replace why-questions with what questions. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: big data in economics, data obesity, correlation, causationJournal: Yildiz Social Science Review Pages: 153-166 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628148486-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:153-166 Template-Type: ReDIF-Article 1.0 Author-Name: Gülenay Baş Dinar Author-Workplace-Name: Abant İzzet Baysal Üniversitesi, İİBF, İktisat Bölümü Title: Kapitalizmin Krizlerini Minsky’nin Finansal İstikrarsızlık Hipotezi Çerçevesinde Anlamak Abstract: The aim of this study is to discuss the limitations of the financial instability hypothesis of Minsky, besides its superior perspective in explaining the crises of capitalism than the mainstream economic theory. Therefore, this study consists of three parts. In the first part, Minsky's criticism of mainstream economic theory will be examined and in the second part Minsky's hypothesis of financial instability will be presented and the study will be end with a discussion of whether Minsky's business cycle theory is sufficient to explain the crises of modern capitalism today. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Financial Instability Hypothesis, Hyman Minsky, CapitalismJournal: Yildiz Social Science Review Pages: 167-186 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628149256-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:167-186 Template-Type: ReDIF-Article 1.0 Author-Name: Çiğdem Boz Author-Workplace-Name: İstanbul Gelişim Üniversitesi, İİSBF Öğretim Üyesi Title: Sürdürülebilir Kalkinmanin Bir Öncülü Olarak Keynes’in “İyi Yaşam” Felsefesi ve Kapitalizm Eleştirisi Abstract: Although Keynes has been known by his short-term policy recommendations for overcoming the recession and recognized as a “pragmatist”, his writings before General Theory offers quite different framework. Beside his emphasis on economics as a moral science, his philosophy of “good life” and critics of capitalism makes him the last man of philosopher-economist tradition. About one century ago, he posed questions about social ideal, inquire the future of capitalism and put some utopic goals. He refused the unlimited economic growth as an end by questioning the ethical aims and outcomes of economic activity. But, unfortunately, utopic and normative aspects of his writings had been eliminated and his longrun perspective about good life has been ignored. Therefore, we can argue that Keynes’s ideas contains many premises of sustainable development which has been very popular recently. The main aspects of Keynes’s social philosophy such as struggle against the unemployment and unequality, cooperation rather than competition, anti-global view, authencity instead of homogenization, are advocated by sustainable development partisans today. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Good life, Sustainability, KeynesJournal: Yildiz Social Science Review Pages: 187- Volume: 4 Issue: 2 Year: 2018 DOI: 200 File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628149454-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:187- Template-Type: ReDIF-Article 1.0 Author-Name: Volkan Kaymaz Author-Workplace-Name: Yıldız Teknik Üniversitesi, Doktora Öğrencisi Author-Name: Ercan Eren Author-Workplace-Name: Yıldız Teknik Üniversitesi, İktisat Bölümü, Öğretim Üyesi Title: Modern Times and Veblen Abstract: In the pre-Great Depression period, social transformations took place and the development of technology increased the mass production activities. Large corporations have started to transfer their profits in the financial sector as well as in real production activities. Modern Times depicted this period and described the consequences of the crisis in terms of society. The aim of this article is to embody Veblen's theory of economics by adhering to the Modern Times, which reflects the economic and social circumstances of the period and to analyze the behavior of individuals that led to economic crises. Classification-JEL: F00,F30,G00,G10,K00,K20,M00,M20,O10 Keywords: Thorstein Veblen, Modern Times, Institutional EconomicsJournal: Yildiz Social Science Review Pages: 201-212 Volume: 4 Issue: 2 Year: 2018 DOI: File-URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1628149702-tr.pdf File-Format: Application/pdf Handle: RePEc:aye:journl:v:4:y:2018:i:2:p:201-212