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Investment Hangover and the Great Recession∗
Investment Hangover and the Great Recession∗

A Sustainability Assessment of the Urban
A Sustainability Assessment of the Urban

... and human substance of the old Fez. The market activity refers to the economy within the medina. Finally, the environmental quality represents the attribute of the physical environment. As expected, the three nuclei interact with one another directly and indirectly. Figure 2 also summarizes the sev ...
as a PDF
as a PDF

PDF
PDF

... relative to their levels under current management. It is argued that, at least in most Australian fisheries, achieving MEY will result in a net economic benefit to society. Local communities are likely to be included among the set of main beneficiaries, with potential losses being incurred elsewhere ...
Human Capital Externality, Knowledge Spillover, and Sustainable
Human Capital Externality, Knowledge Spillover, and Sustainable

Chapter 1 - Carlos Pitta
Chapter 1 - Carlos Pitta

... Many countries that once had centrally planned economies have abandoned this system and are trying to develop market economies. ...
Macroeconomics: A Growth Theory Approach
Macroeconomics: A Growth Theory Approach

... and the stock of orange trees, while demand depends on price but does not depend much on the weather in Florida. If ...
The Least Developed Countries Report 2013
The Least Developed Countries Report 2013

Economics Power Guide
Economics Power Guide

a shrinking universe - Canadian Centre for Policy Alternatives
a shrinking universe - Canadian Centre for Policy Alternatives

Capital and Production
Capital and Production

... Munich under the editorship of Professor Barry Smith. The English translation is due to the efforts of Professor Hans-Hermann and Mrs. Margaret Hoppe, and has been made possible by a gift to the Mises Institute by Dr. Mark Skousen. It has been distributed for some time as a typewritten manuscript an ...
New Labour, the `Third Way` and the Sector Skills Agreement
New Labour, the `Third Way` and the Sector Skills Agreement

... party which has grown the most over the past few years is the one that isn’t part of politics at all: the non-party of non-voters” (Giddens, 1998, p20) The self induced disenfranchisement of the working class through social mobility and the creation within the inner towns and cities of the ‘undercla ...
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A 4 The Mixed Economy cont

... The industrial production index measures the total output of US factories. A decline in production indicates slow economic growth. Your company slogan ...
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An Introduction to the three volums of Karl Marx`s

... But it was also—and in particular—the 1990s that showed that capital­ ism, even after its apparent “final victory,” continued to go hand in hand with processes of crisis and immiseration; and Kosovo, Afghanistan, and the first war in Iraq showed that wars in which the developed capitalist countries ...
Trying to Make Sense of the Principle of Effective Demand
Trying to Make Sense of the Principle of Effective Demand

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Unmeasured Investment and the Puzzling U.S. Boom in the 1990s

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National Bank of the Republic of Macedonia

... Lippert and Walker (1997), Loayza (1997, Schneider et al., 2010). The second group of factors relates to business regulations. If the regulations are too complex and cumbersome, people would try to avoid them and work in the informal sector instead (De Soto, 1986, Johnson et al., 1997, Loayza, 1997, ...
Advanced Manufacturing in the American South
Advanced Manufacturing in the American South

... of the Small Business Administration), and public utilities. Collectively, these constitute a support network that can be used to facilitate growth of the region’s advanced manufacturing sector. ...
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PDF

... in WA stood at $4.9 billion [2] , which represents about 15 per cent of national production. During the past two decades, the agricultural sector in WA grew at an average rate of over 6 per cent per annum (Islam, 2000). However, although WA is a major producer of agricultural commodities, and has a ...
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PDF

... 2. Growth in Russian Grain Production and Exports since 2000 Liefert and Liefert (2012) provide an overview of Russian (and to a lesser degree all KRU) agriculture during the country’s past two decades of transition from a planned to a market economy, while Liefert, Liefert, and Luebehusen (2013) e ...
Long Run and Short Run Effects of Government Expenditures on
Long Run and Short Run Effects of Government Expenditures on

... or positive. A positive impact is provided by two conditions: (1) inflexibility of prices in the short and/or (2) overall underemployment in the economy.5 Both these conditions are associated with a flat aggregate supply curve. This situation corresponds to the Keynesian type of economy.6 Under eith ...
E S conomic Statistics in amoa
E S conomic Statistics in amoa

... ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ...
subject economics - Kendriya Vidyalaya CRPF Durgapur, West Bengal
subject economics - Kendriya Vidyalaya CRPF Durgapur, West Bengal

Practical Guide To Contemporary Economics
Practical Guide To Contemporary Economics

Liquidity, Innovation, and Endogenous Growth
Liquidity, Innovation, and Endogenous Growth

< 1 ... 8 9 10 11 12 13 14 15 16 ... 234 >

Production for use

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristics of socialism initially shared by Marxian socialists, evolutionary socialists, social anarchists and Christian socialists.This principle is broad and can refer to an array of different configurations that vary based on the underlying theory of economics employed. In its classic definition, production for use implied an economic system whereby the law of value and law of accumulation no longer directed economic activity, whereby a direct measure of utility and value is used in place of the abstractions of the price system, money and capital. Alternative conceptions of socialism that don't utilize the profit system such as the Lange model involve the use of a price system and monetary calculation.The central critique of the profits system by socialists is that the accumulation of capital (""making money"") becomes increasingly detached from the process of producing economic value, leading to waste, inefficiency, and social issues. Essentially it is a distortion of proper accounting based on the assertion of the law of value instead of the ""real"" costs of the factors of production, objectively determined outside of social relations.
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