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A Primer on Economics: `X` Marks the Spot
A Primer on Economics: `X` Marks the Spot

... ideology as secular theology – an explanation of how the world works without reference to a divinity. For my purposes, three assumptions of this calculus are relevant. First it is assumed consumers and producers have perfect knowledge. This has profound implications for any knowledge-based economy w ...
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... The basic and non-basic levels of employment were determined using the adjusted employment estimates of Table 2. It was assumed that all employment in agriculture is basic to the area. It is normally also assumed that all mining and manufacturing are basic. These assumptions were altered slightly to ...
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... electricity production, which is a proxy for access that is measured across a range of countries over time, to show that electric goods are sold at higher prices to countries with higher electricity production, conditional on destination-country income per capita and conditional on the average depen ...
UNIVERSITY OF CALICUT Abstract
UNIVERSITY OF CALICUT Abstract

... Every branch of knowledge is evolving over time. This is the result of man’s quest for knowing more about himself and his societal environment. Economics is no exception to this process of evolution. A number of developments in the form of new theories and applications have already taken place in ec ...
Economics - University of Mysore
Economics - University of Mysore

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ECON 101 Exam 2
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(c) Curriculum for B.Sc. Degree in Economics 100 Level Harmattan
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Wal-Mart, American consumer citizenship, and the 2008 recession
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economics bulletin
economics bulletin

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Chapter 1: The Scope and Method of Economics
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Milton Friedman`s economics and political economy
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Liquid Capital and Market Liquidity

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Text of Chapter 4 from Perman et al

... paths, and is nowhere declining, that kind of approach with a utilitarian social welfare function of the sort considered in the previous chapter would identify C(3) as the best path. Although C(4) has higher consumption at every point in time, it is ruled out by the non-declining consumption constra ...
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Participatory economics

Participatory economics, often abbreviated parecon, is an economic system based on participatory decision making as the primary economic mechanism for the allocation of the factors of production and guidance of production in a given society. Participatory decision-making involves the participation of all persons in decision-making on issues in proportion to the impact such decisions have on their lives. Participatory economics is a form of decentralized economic planning and socialism involving the common ownership of the means of production. The participatory economic system is proposed as an alternative to contemporary capitalism, as well as an alternative to central planning. This economic model is primarily associated with the proposals put forth by the political theorist Michael Albert and economist Robin Hahnel, who describe participatory economics as an anarchistic economic vision.The underlying values that parecon seeks to implement are equity, solidarity, diversity, workers' self-management and efficiency (defined as accomplishing goals without wasting valued assets). The institutions of parecon include workers' and consumers' councils utilizing self-managerial methods for making decisions, balanced job complexes, remuneration based on individual effort, and participatory planning.Albert and Hahnel stress that parecon is only meant to address an alternative economic theory and must be accompanied by equally important alternative visions in the fields of politics, culture and kinship. The authors have also discussed elements of anarchism in the field of politics, polyculturalism in the field of culture, and feminism in the field of family and gender relations as being possible foundations for future alternative visions in these other spheres of society. Stephen R. Shalom has begun work on a participatory political vision he calls ""par polity"". Both systems together make up the political philosophy of Participism. Participatory Economics has also significantly shaped the interim International Organization for a Participatory Society.
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