Book Review of Keynes, Post-Keynesianism and Political Economy
... “Repetition, evolution and learning in games: from equilibrium to openendedness,” by Giuseppe Ciccarone and Robert Neugeboren follows the previous paper in being concerned with the prisoner’s dilemma, but otherwise moves somewhat farther away from concerns usually associated with Harcourt. It focus ...
... “Repetition, evolution and learning in games: from equilibrium to openendedness,” by Giuseppe Ciccarone and Robert Neugeboren follows the previous paper in being concerned with the prisoner’s dilemma, but otherwise moves somewhat farther away from concerns usually associated with Harcourt. It focus ...
Joseph A. Schumpeter`s Social Theory
... To identify Schumpeter'stheoretical contributionto sociology, one must distinguish between social theory and sociological theory. Social theory and sociological theory are often used interchangeably,althoughthey signify differenttypes of discoursesand different types of projects.Most important,they ...
... To identify Schumpeter'stheoretical contributionto sociology, one must distinguish between social theory and sociological theory. Social theory and sociological theory are often used interchangeably,althoughthey signify differenttypes of discoursesand different types of projects.Most important,they ...
- The International Institute of Social and Economic
... the constantly revolving stock’, when stock de facto means working capital here. Its role was to finance working capital in enterprises, i.e. to finance permanently needed inventories and other current assets for planned level of production. Why is this topic so important? Without exaggeration, the ...
... the constantly revolving stock’, when stock de facto means working capital here. Its role was to finance working capital in enterprises, i.e. to finance permanently needed inventories and other current assets for planned level of production. Why is this topic so important? Without exaggeration, the ...
Chapter One - Warren Hills Regional School District
... Ex: minerals, water, land, forests, even air ...
... Ex: minerals, water, land, forests, even air ...
TIME, CAPITAL AND THE STRUCTURE OF PRODUCTION
... This papes aims to handle a subject neglected by mainstream macroeconomic theory, namely the role of capital and time in running the business processes. We cannot talk about capital without reference to time, which is considered, sometimes, the fourth factor of production. Capital is an obtained fac ...
... This papes aims to handle a subject neglected by mainstream macroeconomic theory, namely the role of capital and time in running the business processes. We cannot talk about capital without reference to time, which is considered, sometimes, the fourth factor of production. Capital is an obtained fac ...
Nickels Chapter 2
... How is it that people working in their own self-interest produce goods, services, and wealth for others? The only way farmers in a given area can become wealthy is to sell some of their crops to others. To become even wealthier, farmers would have to hire workers to produce more food. As a consequen ...
... How is it that people working in their own self-interest produce goods, services, and wealth for others? The only way farmers in a given area can become wealthy is to sell some of their crops to others. To become even wealthier, farmers would have to hire workers to produce more food. As a consequen ...
Mysl EiP 4-2015.indd
... or less fair compensation. Therefore there is no such a thing as an absolute right of private property. Private ownership has important functions. Firstly, it plays a major role in determining the distribution of wealth, income, and power in a society. Secondly, it helps determine the degree of dece ...
... or less fair compensation. Therefore there is no such a thing as an absolute right of private property. Private ownership has important functions. Firstly, it plays a major role in determining the distribution of wealth, income, and power in a society. Secondly, it helps determine the degree of dece ...
Review of - Emiliano Brancaccio
... include ‘capital’ expressed in value terms among the data of their analysis, they replaced it with the physical endowments of the individual types of capital good. But since the physical amounts of the individual capital goods are continuously changing, their inclusion among the exogenous data of th ...
... include ‘capital’ expressed in value terms among the data of their analysis, they replaced it with the physical endowments of the individual types of capital good. But since the physical amounts of the individual capital goods are continuously changing, their inclusion among the exogenous data of th ...
View PDF - Cengage
... references to government intervention in the economy. The proper role for government versus the proper role for the marketplace has prompted heated discussion among economists and politicians for decades. The respective roles for government and market have been the focal point for the ViewPoint sect ...
... references to government intervention in the economy. The proper role for government versus the proper role for the marketplace has prompted heated discussion among economists and politicians for decades. The respective roles for government and market have been the focal point for the ViewPoint sect ...
Problems of land ownership in post-socialist countries: using the
... freedom is incomplete and potential of economic growth is not fully used. ...
... freedom is incomplete and potential of economic growth is not fully used. ...
Rethinking the Market Economy - Emerging Issues in Management
... entities more flexible to respond to local market needs thus generating a bigger innovation drive. Information technology can be shared much more easily and small-scale production facilities are becoming cheaper. This shift not only changes the basis of competition for companies but also blurs and e ...
... entities more flexible to respond to local market needs thus generating a bigger innovation drive. Information technology can be shared much more easily and small-scale production facilities are becoming cheaper. This shift not only changes the basis of competition for companies but also blurs and e ...
Presented - Cameron Economics
... • If we use land values as the earliest stage of production (which makes sense in terms of economic development from hunter-gather forms of human organization to today’s capitalism), then the result is a longer average period of production from “early” to modern capitalism using the full disaggregat ...
... • If we use land values as the earliest stage of production (which makes sense in terms of economic development from hunter-gather forms of human organization to today’s capitalism), then the result is a longer average period of production from “early” to modern capitalism using the full disaggregat ...
О стратегии Российской Федерации по вопросам
... the lack of adequate data on capital of the government bodies ). ...
... the lack of adequate data on capital of the government bodies ). ...
Socialist alternatives to capitalism II: Vienna to Santa Fe
... is the somewhat unlikely but hugely successful branch of physics that deals with systems that are too complex to be attacked directly by the methods of dynamics. A paradigmatic example is the behavior of molecules in diffuse gases such as the earth’s atmosphere: a relatively small volume of such a g ...
... is the somewhat unlikely but hugely successful branch of physics that deals with systems that are too complex to be attacked directly by the methods of dynamics. A paradigmatic example is the behavior of molecules in diffuse gases such as the earth’s atmosphere: a relatively small volume of such a g ...
Efeitos da política econômica sobre o setor industrial: uma
... instances in the system of private property?, ii) will it be possible to achieve the expected result of these interventions'. Thus, Mises (1977, 2010a) defines intervention as "...a restrictive rule imposed by the government agency, which forces the owners of the means of production and entrepreneur ...
... instances in the system of private property?, ii) will it be possible to achieve the expected result of these interventions'. Thus, Mises (1977, 2010a) defines intervention as "...a restrictive rule imposed by the government agency, which forces the owners of the means of production and entrepreneur ...
High Priests and Lowly Philosophers
... caught in a liquidity trap, attempts to get out of that trap through a monetary policy stimulus will be ineffective. If investment is not rational, but instead based on "animal spirits," then private markets cannot be relied upon to assess the marginal efficiency of capital allocations among competi ...
... caught in a liquidity trap, attempts to get out of that trap through a monetary policy stimulus will be ineffective. If investment is not rational, but instead based on "animal spirits," then private markets cannot be relied upon to assess the marginal efficiency of capital allocations among competi ...
A Policy Analysis Paper of Sweden During the 1930s Crisis
... predict and produce what the consumer wants thrive. Conversely, the entrepreneurs who are unproductive or allocate resources in a wasteful manner receive economic losses. If this inefficient behavior continues, the business will be forced to close. The free-market naturally eliminates bad forecaster ...
... predict and produce what the consumer wants thrive. Conversely, the entrepreneurs who are unproductive or allocate resources in a wasteful manner receive economic losses. If this inefficient behavior continues, the business will be forced to close. The free-market naturally eliminates bad forecaster ...
High Priests and Lowly Philosophers: The Battle for
... textbook. In the 1948 edition, for example, Samuelson doesn’t introduce basic supply and demand until page 447 precisely because of the notion that microeconomic principles only become effective after one has assured that the macroeconomic system is in balance. Left to its own devices, the capitalis ...
... textbook. In the 1948 edition, for example, Samuelson doesn’t introduce basic supply and demand until page 447 precisely because of the notion that microeconomic principles only become effective after one has assured that the macroeconomic system is in balance. Left to its own devices, the capitalis ...
IV. The Debate Over Market Socialism
... textbook. In the 1948 edition, for example, Samuelson doesn’t introduce basic supply and demand until page 447 precisely because of the notion that microeconomic principles only become effective after one has assured that the macroeconomic system is in balance. Left to its own devices, the capitalis ...
... textbook. In the 1948 edition, for example, Samuelson doesn’t introduce basic supply and demand until page 447 precisely because of the notion that microeconomic principles only become effective after one has assured that the macroeconomic system is in balance. Left to its own devices, the capitalis ...
ECONOMICS and How It AFFECTS Business
... your own. Of course, it wasn’t that easy—it never has been. Then and now, you have to accumulate some money to buy or start a business, and you have to work long hours to make it grow. But the opportunities are there.12 The economic system that has led to wealth creation in much of the world is know ...
... your own. Of course, it wasn’t that easy—it never has been. Then and now, you have to accumulate some money to buy or start a business, and you have to work long hours to make it grow. But the opportunities are there.12 The economic system that has led to wealth creation in much of the world is know ...
Production Theory:
... some production process, so that it is less expensive to produce many units than to produce few.” (111) These provide the logic for the connection between ‘externalities’ and ‘increasing returns of production’. The notion of externalities is associated with the recognition that both production (prod ...
... some production process, so that it is less expensive to produce many units than to produce few.” (111) These provide the logic for the connection between ‘externalities’ and ‘increasing returns of production’. The notion of externalities is associated with the recognition that both production (prod ...
Reading Legitimation Crisis During the Meltdown
... To understand contemporary "crisis tendencies," we must recognize that "advanced capitalism" is significantly different from the "liberal capitalism" of Marx's day. One difference, noted by Habermas, is particularly important to our present concerns. The state now assumes responsibility for the econ ...
... To understand contemporary "crisis tendencies," we must recognize that "advanced capitalism" is significantly different from the "liberal capitalism" of Marx's day. One difference, noted by Habermas, is particularly important to our present concerns. The state now assumes responsibility for the econ ...
Mercantilism, the Unvanquished Foe of Liberty
... All systems of either preference or of restraint [mercantilism], therefore, being thus completely taken away, the obvious system of natural liberty establishes itself on its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest h ...
... All systems of either preference or of restraint [mercantilism], therefore, being thus completely taken away, the obvious system of natural liberty establishes itself on its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest h ...
János Kornai`s Contributions to Economic Analysis Assar Lindbeck
... The publication of János Kornai’s memoirs, By Force of Thought, provides an excellent opportunity to remind ourselves of Kornai’s great contributions to economic research – and social science research in general. As indicated already in the title of the memoirs, these are an intellectual rather than ...
... The publication of János Kornai’s memoirs, By Force of Thought, provides an excellent opportunity to remind ourselves of Kornai’s great contributions to economic research – and social science research in general. As indicated already in the title of the memoirs, these are an intellectual rather than ...