Tiago Cardão-Pito

Tiago Cardão-Pito is an Assistant Professor with tenure at ISEG (Instituto Superior de Economia e Gestão), University of Lisbon, Portugal. He is an active researcher and educator specializing in economic theory, accounting, and financial systems, with publications spanning economics, history, economic sociology, philosophy, and ecological sustainability.

His research focuses on developing alternative economic frameworks that challenge mainstream paradigms. Key areas include:

• Intangible Flow Theory as an alternative to conventional economic thought
• Critique of hedonist economic theory and its political implications
• Metaphysical status of money in economic systems
• Fair value accounting and its relationship to financial crime
• Integration of human societies with the biosphere in economic models
• Historical analysis of economic theories from Fisher to contemporary finance

Cardão-Pito's recent publications reveal a consistent focus on challenging established economic paradigms while developing new frameworks for understanding monetary systems. His work examines the philosophical underpinnings of economic thought, particularly questioning the metaphysical status given to money. He has developed the Intangible Flow Theory as an alternative approach that emphasizes human participation in economic and societal production, with increasing focus on ecological sustainability and the need for economic theories that properly integrate human societies with the biosphere.

He has supervised numerous Master's students whose work spans financial crime, banking crises, fair value accounting, and economic development in various countries. His students have examined topics including sustainable investment, insurance company management, oil price impacts on Angolan economy, and financial sector development in Mozambique.

Dr. Cardão-Pito is the author of multiple books including "Intangible Flow Theory in Economics: Human Participation in Economic and Societal Production" (Routledge, 2020) and the forthcoming "Rethinking Economic Theories: A New Political Economy for the Biosphere" (Routledge, 2025), which further develops his critique of mainstream economics and proposes alternative frameworks that better account for human participation and ecological constraints.