Politico-Economic Equilibrium and Economic Growth.
... It is likely that the political considerations behind policy determination fundamentally have economic determinants. Aside from pure redistributional issues, almost all policies in practice aect dierent agents dierently. For example, if tax rates on capital income are proportional, then they de f ...
... It is likely that the political considerations behind policy determination fundamentally have economic determinants. Aside from pure redistributional issues, almost all policies in practice aect dierent agents dierently. For example, if tax rates on capital income are proportional, then they de f ...
The Economic Approach to the Social Sciences – Scope and
... Methodological individualism: Pro and cons Basic assumption: The individual is the starting point of any explanation, not the group, state, nation, etc ! Opposite position: Methodological collectivism, popular particular in large parts of sociology and political science. States that the collective b ...
... Methodological individualism: Pro and cons Basic assumption: The individual is the starting point of any explanation, not the group, state, nation, etc ! Opposite position: Methodological collectivism, popular particular in large parts of sociology and political science. States that the collective b ...
On the Incidence of US Tariffs
... countries such as raw materials and products at the low end of the fabrication scale face relatively low tariffs. The overall incidence pattern suggests countries at the low end of the per capita income scale export products that are subject to relatively low tariffs. Higher tariffs are faced by mor ...
... countries such as raw materials and products at the low end of the fabrication scale face relatively low tariffs. The overall incidence pattern suggests countries at the low end of the per capita income scale export products that are subject to relatively low tariffs. Higher tariffs are faced by mor ...
World-systems analysis - University of Warwick
... Part of the problem is that we have studied these phenomena in separate boxes to which we have given special names-politics, economics, the social structure, culture-without seeing that these boxes are constructs more of our imagination than of reality. The phenomena dealt with in these separate box ...
... Part of the problem is that we have studied these phenomena in separate boxes to which we have given special names-politics, economics, the social structure, culture-without seeing that these boxes are constructs more of our imagination than of reality. The phenomena dealt with in these separate box ...
Scope and Sequence 2009-2010 Texarkana Independent School
... IPM and corporations (B) Analyze the advantages and disadvantages of sole I IPM proprietorships, partnerships, and corporations (C) Describe characteristics and give examples of pure competition, monopolistic competition, oligopoly, and monopoly I IPM •Four types of monopolies and gives examples of ...
... IPM and corporations (B) Analyze the advantages and disadvantages of sole I IPM proprietorships, partnerships, and corporations (C) Describe characteristics and give examples of pure competition, monopolistic competition, oligopoly, and monopoly I IPM •Four types of monopolies and gives examples of ...
Liberal and Socialist “Democracies”
... sectors meeting these needs. This could explain the ‘paradox’ that Cuba, a country at a much level of development than advanced capitalist countries like the USA, meets much better the basic needs of its citizens than them! [6] Similarly, it can be shown that when social democracy was at its height ...
... sectors meeting these needs. This could explain the ‘paradox’ that Cuba, a country at a much level of development than advanced capitalist countries like the USA, meets much better the basic needs of its citizens than them! [6] Similarly, it can be shown that when social democracy was at its height ...
Decolonizing Post-Colonial Studies and Paradigms of Political
... the Americas and established simultaneously in time and space several entangled global hierarchies that for purposes of clarity in this exposition I will list below as if they were separate from each other: 1) a particular global class formation where a diversity of forms of labor (slavery, semi-ser ...
... the Americas and established simultaneously in time and space several entangled global hierarchies that for purposes of clarity in this exposition I will list below as if they were separate from each other: 1) a particular global class formation where a diversity of forms of labor (slavery, semi-ser ...
Decolonizing Post-Colonial Studies and Paradigms of Political
... the Americas and established simultaneously in time and space several entangled global hierarchies that for purposes of clarity in this exposition I will list below as if they were separate from each other: 1) a particular global class formation where a diversity of forms of labor (slavery, semi-ser ...
... the Americas and established simultaneously in time and space several entangled global hierarchies that for purposes of clarity in this exposition I will list below as if they were separate from each other: 1) a particular global class formation where a diversity of forms of labor (slavery, semi-ser ...
HIV/AIDS AND ECONOMIC POLICY: THE CASES OF ZAMBIA AND
... political indicators. Although its effects compass an international arena, in actuality references to a ‘global pandemic’ describe a totality of multiple and distinct subepidemics. Approaching the crisis in its aggregated form obscures fundamental divergences between these regional manifestations. P ...
... political indicators. Although its effects compass an international arena, in actuality references to a ‘global pandemic’ describe a totality of multiple and distinct subepidemics. Approaching the crisis in its aggregated form obscures fundamental divergences between these regional manifestations. P ...
Institutions and Economic Growth
... to construct new theoretical framework that will replace the neoclassical framework. Meanwhile, Eirik and Rudolf (2003) noted that the difficulties surrounding the construction of new analytical framework which will be comparable in scope and detail with the general equilibrium models of neoclassica ...
... to construct new theoretical framework that will replace the neoclassical framework. Meanwhile, Eirik and Rudolf (2003) noted that the difficulties surrounding the construction of new analytical framework which will be comparable in scope and detail with the general equilibrium models of neoclassica ...
Avoiding the Tragedy of the Commons: Greening
... protested “not against the failure of the state and society to provide for economic growth and material prosperity, but against their all-too-considerable success in having done so, and against the price of this success” (Berger 1979: 32). Rather than organizing themselves into political parties and ...
... protested “not against the failure of the state and society to provide for economic growth and material prosperity, but against their all-too-considerable success in having done so, and against the price of this success” (Berger 1979: 32). Rather than organizing themselves into political parties and ...
Economic Transformation and Employment in Central Asia
... linked to economic performance at the enterprise level and, by implication, at the aggregate national level. Experiences from East Central Europe indicate clearly that it takes a long time before the full implications of this fundamental change in the rules of the game dawn upon policy-makers and pl ...
... linked to economic performance at the enterprise level and, by implication, at the aggregate national level. Experiences from East Central Europe indicate clearly that it takes a long time before the full implications of this fundamental change in the rules of the game dawn upon policy-makers and pl ...
The Quotable Mises
... 20th century. More than just an economist, Mises was an historian, philosopher, sociologist, social critic and so much more. His prolific output includes more than twenty books and hundreds of articles that explore virtually every subject of interest related to the economy and social thought. It has ...
... 20th century. More than just an economist, Mises was an historian, philosopher, sociologist, social critic and so much more. His prolific output includes more than twenty books and hundreds of articles that explore virtually every subject of interest related to the economy and social thought. It has ...
Tamás Szentes
... enterprises of countries. This probably follows from the market-oriented, i.e. very economic perception of competitiveness, and also from the fact that Michael Porter actually identified the competitive advantages of nations with those of their firms. Thus he considered competitiveness as a basicall ...
... enterprises of countries. This probably follows from the market-oriented, i.e. very economic perception of competitiveness, and also from the fact that Michael Porter actually identified the competitive advantages of nations with those of their firms. Thus he considered competitiveness as a basicall ...
From The Limits to Growth to “Degrowth”: Discourses of Critique of
... Keynesian growth model in the 1970s and the one within the neoliberal-financial growth model from 2008 onwards. The first discourse is related to the landmark study The Limits to Growth (Meadows et al. 1974) and the second corresponds to the current, so called “degrowth” perspective. Debates trigger ...
... Keynesian growth model in the 1970s and the one within the neoliberal-financial growth model from 2008 onwards. The first discourse is related to the landmark study The Limits to Growth (Meadows et al. 1974) and the second corresponds to the current, so called “degrowth” perspective. Debates trigger ...
Development as modernity, modernity as development
... that this invariably imposes upon us the task of explicating this same process, which are products of. On the other hand we understand Enlightenment to be an exclusively European project that began in the 15th century reaching its peak three centuries later in the 18th century. How then were we in A ...
... that this invariably imposes upon us the task of explicating this same process, which are products of. On the other hand we understand Enlightenment to be an exclusively European project that began in the 15th century reaching its peak three centuries later in the 18th century. How then were we in A ...
the liberal as an enemy of queer justice
... consideration in the mind of the liberal. This equation of revolutionary action with violent action is rendered disingenuous moreover, by two aspects of liberalism. The first is the fact, already mentioned, that liberalism was not possible historically without revolutionary violence. Stonewall, the ...
... consideration in the mind of the liberal. This equation of revolutionary action with violent action is rendered disingenuous moreover, by two aspects of liberalism. The first is the fact, already mentioned, that liberalism was not possible historically without revolutionary violence. Stonewall, the ...
Applied Mainline Economics - FA Hayek Program
... help our less fortunate fellows? Economists have been trying to answer these questions since at least the time of Adam Smith. And every day, it seems, another clever economist suggests another answer. Smith argued that prosperity was the result of specialization—which, he reasoned, depends on the ex ...
... help our less fortunate fellows? Economists have been trying to answer these questions since at least the time of Adam Smith. And every day, it seems, another clever economist suggests another answer. Smith argued that prosperity was the result of specialization—which, he reasoned, depends on the ex ...
HAS MONETARISM FAILED? Karl Brunner I. Introduction; Intellectual Activity in a Political Context
... HAS MONETARISM FAILED? Karl Brunner I. Introduction; Intellectual Activity in a Political Context Herman Hesse’s last book, The Glass Bead Game, explores an old dream. Intellectuals pursue their activities in some indefinite future protected and separated from the “world” engrossed with its narrow i ...
... HAS MONETARISM FAILED? Karl Brunner I. Introduction; Intellectual Activity in a Political Context Herman Hesse’s last book, The Glass Bead Game, explores an old dream. Intellectuals pursue their activities in some indefinite future protected and separated from the “world” engrossed with its narrow i ...
Difference without Domination Danielle Allen 9.1.16 1. Introduction
... instance, a George Washington or Abraham Lincoln, may develop such a conception of the good for themselves, but we ought not to impose that conception of the good on everyone else. This argument between Rawls and Habermas unfolded on terrain that historians of philosophy identify as the battle betwe ...
... instance, a George Washington or Abraham Lincoln, may develop such a conception of the good for themselves, but we ought not to impose that conception of the good on everyone else. This argument between Rawls and Habermas unfolded on terrain that historians of philosophy identify as the battle betwe ...
The Politics of Sufficiency. Making it easier to live the Good Life
... and traffic light sequencing are helpful to car drivers, but they generally disadvantage those who want to navigate the city by bike or on foot. Politics has to achieve a balance here. Good politics creates the conditions in which the greatest number of individual life concepts can be realised. And ...
... and traffic light sequencing are helpful to car drivers, but they generally disadvantage those who want to navigate the city by bike or on foot. Politics has to achieve a balance here. Good politics creates the conditions in which the greatest number of individual life concepts can be realised. And ...
Land Inheritance Rules: Theory and Cross-Cultural
... both economists and anthropologists, probably because it is relied upon by such a large and diverse collection of societies and cultural groups. A common explanation among economists is that primogeniture prevents land from being fragmented into inefficiently small parcels.2 But if increasing return ...
... both economists and anthropologists, probably because it is relied upon by such a large and diverse collection of societies and cultural groups. A common explanation among economists is that primogeniture prevents land from being fragmented into inefficiently small parcels.2 But if increasing return ...
Unions, Social Structures, and Wage Restraint: A Suggested
... which it is negotiating. Firms have a basic joint objective: to increase as much as possible the profit per unit sold (profit margin) and the number of units it can sell. The product of the two determines the amount of sales proceeds, and given the costs of production, the level of profits. There is ...
... which it is negotiating. Firms have a basic joint objective: to increase as much as possible the profit per unit sold (profit margin) and the number of units it can sell. The product of the two determines the amount of sales proceeds, and given the costs of production, the level of profits. There is ...
How does politics affect state`s capacities to manage the adjustment
... accounted for between twenty-eight and forty-two per cent of total employment in 2003, while non-dynamic sectors accounted for between thirty and forty-three percent. Second, there is interesting variation in cross-national sub-sectoral employment patterns. In one set of countries, employment is mor ...
... accounted for between twenty-eight and forty-two per cent of total employment in 2003, while non-dynamic sectors accounted for between thirty and forty-three percent. Second, there is interesting variation in cross-national sub-sectoral employment patterns. In one set of countries, employment is mor ...
Technocracy and Economic Decision-Making in Southeast Asia: An
... planners, program implementers, fiscal managers, power brokers, and institutional intermediaries. At the same time, many high-level technocrats have had to tread fine lines between domestic and foreign parties, especially in times of economic distress when the intervention of international financial ...
... planners, program implementers, fiscal managers, power brokers, and institutional intermediaries. At the same time, many high-level technocrats have had to tread fine lines between domestic and foreign parties, especially in times of economic distress when the intervention of international financial ...
Embedded liberalism
Embedded liberalism is a term for the global economic system and the associated international political orientation as it existed from the end of World War II to the 1970s. The system was set up to support a combination of free trade with the freedom for states to enhance their provision of welfare and to regulate their economies to reduce unemployment. The term was first used by the American political scientist John Ruggie in 1982.Mainstream scholars generally describe embedded liberalism as involving a compromise between two desirable but partially conflicting objectives. The first objective was to revive free trade. Before World War I, international trade formed a large portion of global GDP, but the classical liberal order which supported it had been damaged by war and by the Great Depression of the 1930s. The second objective was to allow national governments the freedom to provide generous welfare programmes and to intervene in their economies to maintain full employment. This second objective was considered to be incompatible with a full return to the free market system as it had existed in the late 19th century—mainly because with a free market in international capital, investors could easily withdraw money from nations that tried to implement interventionist and redistributive policies.The resulting compromise was embodied in the Bretton Woods system, which was launched at the end of World War II. The system was liberal in that it aimed to set up an open system of international trade in goods and services, facilitated by semi fixed exchange rates. Yet it also aimed to ""embed"" market forces into a framework where they could be regulated by national governments, with states able to control international capital flows by means of capital controls. New global multilateral institutions were created to support the new framework, such as the World Bank and the International Monetary Fund.When Ruggie coined the phrase embedded liberalism, he was building on earlier work by Karl Polanyi, who had introduced the concept of markets becoming ""dis-embedded"" from society during the 19th century. Polanyi went on to propose that the ""re-embedding"" of markets would be a central task for the architects of the post war world order, and this was largely enacted as a result of the Bretton Woods Conference. In the 1950s and 1960s, the global economy prospered under embedded liberalism, with growth more rapid than before or since. Yet the system was to break down in the 1970s.