Are We Consuming Too Much?
... and the institutions that influence, among other things, the effectiveness with which this knowledge is put to use. We now discuss two criteria for judging whether or not current consumption is excessive. The Maximize Present Value Criterion One can think of intertemporal social welfare V t as a fun ...
... and the institutions that influence, among other things, the effectiveness with which this knowledge is put to use. We now discuss two criteria for judging whether or not current consumption is excessive. The Maximize Present Value Criterion One can think of intertemporal social welfare V t as a fun ...
Beyond the 2008 Financial “Crisis”
... be viewed as “consensual,” “forced,” “contracted.” The object’s “identification” in the exchange event is itself a differentiation of its use-value; the exchange is both contractually “agreed” upon yet this contract is forced in the convergence of valuation at the moment of the exchange. That is, th ...
... be viewed as “consensual,” “forced,” “contracted.” The object’s “identification” in the exchange event is itself a differentiation of its use-value; the exchange is both contractually “agreed” upon yet this contract is forced in the convergence of valuation at the moment of the exchange. That is, th ...
For Mexico, the period after the Independence War (1810
... 2001; Fosu 2001; and Alesina et al 1996), and those that study country time series experience (Asteriou and Price 2001; Asteriou and Siriopoulos 2000; and Gounder 1999). 10 The seminal paper is Alesina et al (1996) who investigate the relationship between political instability and per capita GDP gro ...
... 2001; Fosu 2001; and Alesina et al 1996), and those that study country time series experience (Asteriou and Price 2001; Asteriou and Siriopoulos 2000; and Gounder 1999). 10 The seminal paper is Alesina et al (1996) who investigate the relationship between political instability and per capita GDP gro ...
Energy generation with Directed Technical Change
... research), consumption and the energy mix at every point in time. The capital endowment and the ability to conduct research in the two energy sectors aect the process, which is driven by a competition between consumption and investments in either one of the research sectors or the capital stock ove ...
... research), consumption and the energy mix at every point in time. The capital endowment and the ability to conduct research in the two energy sectors aect the process, which is driven by a competition between consumption and investments in either one of the research sectors or the capital stock ove ...
economics 1a - Together We Pass
... 9.2 The demand for the product of the firm .......................................................................... 155 9.3 The equilibrium of the firm under perfect competition ..................................................... 157 9.4 The supply curve of the firm and the market supply curve . ...
... 9.2 The demand for the product of the firm .......................................................................... 155 9.3 The equilibrium of the firm under perfect competition ..................................................... 157 9.4 The supply curve of the firm and the market supply curve . ...
Foreign Direct Investment and Growth: the role of regional territorial
... included in the production function. Capital productivity improves because of the increase in the endowment of equipment and the number and variety of intermediates; labour productivity increases because of the acquisition of knowledge and managerial techniques coming from abroad; and total factor ...
... included in the production function. Capital productivity improves because of the increase in the endowment of equipment and the number and variety of intermediates; labour productivity increases because of the acquisition of knowledge and managerial techniques coming from abroad; and total factor ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... ing problem as well), is that the composition of inputs, as well as of outputs, varies over time. A given quantity of output, with given technical knowledge, can usually be produced with differing combinations of inputs. The actual combination used will tend to be the least-cost combination, at ...
... ing problem as well), is that the composition of inputs, as well as of outputs, varies over time. A given quantity of output, with given technical knowledge, can usually be produced with differing combinations of inputs. The actual combination used will tend to be the least-cost combination, at ...
Economic Freedom and Air Quality
... these studies fail to account for the role of economic institutions and freedoms explicitly in their explanatory models despite sometimes acknowledging this inescapable, causal connection. The realization of the importance of property rights and economic institutions to reduce pollution is not a new ...
... these studies fail to account for the role of economic institutions and freedoms explicitly in their explanatory models despite sometimes acknowledging this inescapable, causal connection. The realization of the importance of property rights and economic institutions to reduce pollution is not a new ...
Manifest Mutations, Manifesto Detourned
... If we pay close attention to actually-existing revolt in the world, and do not force it into the frame of an ideological worldview (Weltanschauung), then we will not be able to conclude that new uprisings demand communist parties, socialist states, or some recast communist project from the 20th cent ...
... If we pay close attention to actually-existing revolt in the world, and do not force it into the frame of an ideological worldview (Weltanschauung), then we will not be able to conclude that new uprisings demand communist parties, socialist states, or some recast communist project from the 20th cent ...
Entrepreneurs, Industries and Employment Opportunities in Nepal
... and provides alternative to violence for idle youth, health and education services for children and economic freedom for women which in turn reduce poverty, promote social cohesion and improve gender equality. For these reasons it is very crucial to promote entrepreneurship and entrepreneurial activ ...
... and provides alternative to violence for idle youth, health and education services for children and economic freedom for women which in turn reduce poverty, promote social cohesion and improve gender equality. For these reasons it is very crucial to promote entrepreneurship and entrepreneurial activ ...
Here - endnotes #4
... calculating working hours to print his little tokens. Not only is "self-abolition of the proletariat" here posited as what the revolution would have always been in itself, it is also nothing more than the affirmation of the proletariat preserving its autonomy. The second quote is from Werner Im ...
... calculating working hours to print his little tokens. Not only is "self-abolition of the proletariat" here posited as what the revolution would have always been in itself, it is also nothing more than the affirmation of the proletariat preserving its autonomy. The second quote is from Werner Im ...
Institutional economics and economic development
... growth, democracy and political and economic freedom of individuals, and environmental concerns in many developing countries. As discussed later in the paper, the issue of property rights is currently a very vital issue for former socialist and communist countries which are at present making a trans ...
... growth, democracy and political and economic freedom of individuals, and environmental concerns in many developing countries. As discussed later in the paper, the issue of property rights is currently a very vital issue for former socialist and communist countries which are at present making a trans ...
Post Capitalist Society
... simply cannot be sold. The only market for them is other pension funds. Pension funds, in other ...
... simply cannot be sold. The only market for them is other pension funds. Pension funds, in other ...
N 15
... with Dobb’s and Hilton’s restrictive understanding of the opportunities for technological development under feudalism. Hilton agreed with the Cambridge medievalist Michael Postan that medieval technology “was at a low level and almost static.” 15 However, he did not consider technological stagnation ...
... with Dobb’s and Hilton’s restrictive understanding of the opportunities for technological development under feudalism. Hilton agreed with the Cambridge medievalist Michael Postan that medieval technology “was at a low level and almost static.” 15 However, he did not consider technological stagnation ...
Kirn-post_fordism_and_its discontents
... This book is a product of the theoretical labour that began in 2004 in Ljubljana, where the collective Workers’-Punks’ University (WPU) organised ‘Post-Fordism’, a yearlong series of lectures. This series resulted in an intense exchange of critical views on the topic that had largely disappeared fr ...
... This book is a product of the theoretical labour that began in 2004 in Ljubljana, where the collective Workers’-Punks’ University (WPU) organised ‘Post-Fordism’, a yearlong series of lectures. This series resulted in an intense exchange of critical views on the topic that had largely disappeared fr ...
The Ambivalence of Gewalt in Marx and Engels
... anything but incompatible with this position, since the distinctive sign of such Gewalt when compared to other Gewalten is precisely that of legitimacy. It is a question of violence, force, power, but with the mark of legitimacy. This framework allows us to identify a homology between capitalist exp ...
... anything but incompatible with this position, since the distinctive sign of such Gewalt when compared to other Gewalten is precisely that of legitimacy. It is a question of violence, force, power, but with the mark of legitimacy. This framework allows us to identify a homology between capitalist exp ...
Economic and Social Survey of Asia and the Pacific 2012: Year-end Update i
... challenges of slowing demand in the developed world and structural impediments will have to look increasingly towards undertaking supportive measures at the domestic level and enhancing regional cooperation. The structural solution to invigorating the domestic drivers of growth will lie in making th ...
... challenges of slowing demand in the developed world and structural impediments will have to look increasingly towards undertaking supportive measures at the domestic level and enhancing regional cooperation. The structural solution to invigorating the domestic drivers of growth will lie in making th ...
Frank Plumpton Ramsey: The Economic Phenomenon Who Died
... (1875–1927), a graduate of Oxford. His brother Michael Ramsey became the 100 Archbishop of Canterbury, which is the highest post in the Church of England, from 1961 to 1974. Frank Plumpton spent nearly all his life in Cambridge, where he developed his academic career. He studied mathematics at Winch ...
... (1875–1927), a graduate of Oxford. His brother Michael Ramsey became the 100 Archbishop of Canterbury, which is the highest post in the Church of England, from 1961 to 1974. Frank Plumpton spent nearly all his life in Cambridge, where he developed his academic career. He studied mathematics at Winch ...
Consumption and the Environment
... inevitably means that impacts on ecosystems have multiplied, but Ponting also suggests that the momentum of economic growth makes it difficult for industrialized nations to step off the path of ever-growing resource use. In a finite world, inequality of resource use may actually increase with econom ...
... inevitably means that impacts on ecosystems have multiplied, but Ponting also suggests that the momentum of economic growth makes it difficult for industrialized nations to step off the path of ever-growing resource use. In a finite world, inequality of resource use may actually increase with econom ...
Financial Crises in the 1890s and the 1990s
... were confined to a relatively small group of industries and sectors. Capital flowed across national borders to lend to governments; to build ports, sewers, and gas lines; to build railroads and mines. But by and large, until the last years before World War I, it was nearly unheard of for capital to ...
... were confined to a relatively small group of industries and sectors. Capital flowed across national borders to lend to governments; to build ports, sewers, and gas lines; to build railroads and mines. But by and large, until the last years before World War I, it was nearly unheard of for capital to ...
Rodney Hilton, Marxism and the transition from feudalism to capitalism
... of technological determinism with the more rigid versions of Stalinist ‘scientific history’ would have given technological explanations a bad press from early on in his life as a committed historian. 12 ‘Bourgeois’ believers were if anything even less sophisticated. As the opening sentence of a fam ...
... of technological determinism with the more rigid versions of Stalinist ‘scientific history’ would have given technological explanations a bad press from early on in his life as a committed historian. 12 ‘Bourgeois’ believers were if anything even less sophisticated. As the opening sentence of a fam ...
Is Marx`s Theory of Value Still Relevant?
... These definitions of value and price are the basis for a wide-ranging critique of alleged inconsistencies in Marx, leading to the conclusion that the traditional Marxist project of determining value from embodied labour is flawed. Very briefly, first, the price system has two degrees of freedom, bec ...
... These definitions of value and price are the basis for a wide-ranging critique of alleged inconsistencies in Marx, leading to the conclusion that the traditional Marxist project of determining value from embodied labour is flawed. Very briefly, first, the price system has two degrees of freedom, bec ...
Consumption and its Externalities: Where Economy Meets Ecology
... focus on production. Economic sociology concerns itself with issues of labor and management, economic history with the rise of industrialism, economic anthropology with subsistence provisioning, and political economy with the political effects of increasing trade, ªnance, and development. Consumptio ...
... focus on production. Economic sociology concerns itself with issues of labor and management, economic history with the rise of industrialism, economic anthropology with subsistence provisioning, and political economy with the political effects of increasing trade, ªnance, and development. Consumptio ...
The Impact of Hosting the Summer Olympic Games on Economic
... institutions in a nation, either inclusive (broad distribution of political rights, secure property rights, unbiased legal processes, quality public services, etc…) or extractive (designed for the enrichment of a ...
... institutions in a nation, either inclusive (broad distribution of political rights, secure property rights, unbiased legal processes, quality public services, etc…) or extractive (designed for the enrichment of a ...