Utility, ethics and behavior
... This author notes the influence of J. Bentham in the development of the utility function and as a continuator of the hedonists. Therefore, hedonism and its subsequent schools constitute, along with utilitarianism, the philosophical bases of the conceptual presentation of the utility function. The ot ...
... This author notes the influence of J. Bentham in the development of the utility function and as a continuator of the hedonists. Therefore, hedonism and its subsequent schools constitute, along with utilitarianism, the philosophical bases of the conceptual presentation of the utility function. The ot ...
The Phenomenology of Economics The
... economic discourse, economic science, a full-blown phenomenological economic criticism had to include a (genetic) phenomenology of economic life, in particular of today and the last centuries of capitalism. It had to include traditional texts of phenomenology, read them as economic writings and ask ...
... economic discourse, economic science, a full-blown phenomenological economic criticism had to include a (genetic) phenomenology of economic life, in particular of today and the last centuries of capitalism. It had to include traditional texts of phenomenology, read them as economic writings and ask ...
Chapter 02 Understanding How Economics Affects Business
... 17. According to Adam Smith, the "invisible hand" refers to the government's effort to always keep a check on the wealth creation of individuals, so that no one business would control a market for a particular good or service. True False ...
... 17. According to Adam Smith, the "invisible hand" refers to the government's effort to always keep a check on the wealth creation of individuals, so that no one business would control a market for a particular good or service. True False ...
Surplus Common - Commonalities: Theorizing the Common in
... the concept of the common can be formulated as a question: how can we be in common, how can we live together, today? I will let the reader decide what kind of solution—if any—emerges from our book. Deleuze and Guattari point out also that concepts are never given a priori, are not ready-made and rea ...
... the concept of the common can be formulated as a question: how can we be in common, how can we live together, today? I will let the reader decide what kind of solution—if any—emerges from our book. Deleuze and Guattari point out also that concepts are never given a priori, are not ready-made and rea ...
Contending Economic Theories: Neoclassical, Keynesian, and
... effects and causes of the social conditions in which they occur. Chapter 1 presents a sustained historical examination of how various forms and paradigms of economic thinking react back upon the society out of which they are born. We hope that this revised chapter will provide readers with a better ...
... effects and causes of the social conditions in which they occur. Chapter 1 presents a sustained historical examination of how various forms and paradigms of economic thinking react back upon the society out of which they are born. We hope that this revised chapter will provide readers with a better ...
Chapter 01Economics and Economic Reasoning
... 41. The price of a new model of iPod tends to fall significantly a year after it is first introduced. Suppose Jane bought an iPod as soon as it was introduced (a year ago) and paid a premium price for it. Now she wants to buy a new iPod cover. Which of the following should she consider before buying ...
... 41. The price of a new model of iPod tends to fall significantly a year after it is first introduced. Suppose Jane bought an iPod as soon as it was introduced (a year ago) and paid a premium price for it. Now she wants to buy a new iPod cover. Which of the following should she consider before buying ...
Chapter 01Economics and Economic Reasoning
... A. individuals can't solve the three central coordination problems. B. governments can't solve the three central coordination problems. C. the supply of goods is always less than the demand. D. new wants continue to develop. ...
... A. individuals can't solve the three central coordination problems. B. governments can't solve the three central coordination problems. C. the supply of goods is always less than the demand. D. new wants continue to develop. ...
Economics Imperialism: Concept and Constraints
... number of other social scientists whose intellectual landscapes are changing as a result of the growing presence of economic ideas in their home disciplines. In trying to go some way toward answering these questions, I will outline, within one framework, the philosophical foundations of both the thr ...
... number of other social scientists whose intellectual landscapes are changing as a result of the growing presence of economic ideas in their home disciplines. In trying to go some way toward answering these questions, I will outline, within one framework, the philosophical foundations of both the thr ...
Monetarism, New Classical Theory, and Supply-Side
... Orthodox macro theory consists of demandoriented theories that failed to explain the stagflation of the 1970s. Supply-side economists believe that the real problem was that high rates of taxation and heavy regulation had reduced the incentive to work, to save, and to invest. What was needed was not ...
... Orthodox macro theory consists of demandoriented theories that failed to explain the stagflation of the 1970s. Supply-side economists believe that the real problem was that high rates of taxation and heavy regulation had reduced the incentive to work, to save, and to invest. What was needed was not ...
The CasP Project: Past, Present, Future
... coined by D.T. Cochrane, stands for ‘capital as power’. It is a new, radical approach to the study of capitalism, and, as such, it contrasts sharply with both liberal and Marxist political economies. The key premise of this approach is that capital is not a material/productive entity, but a symbolic ...
... coined by D.T. Cochrane, stands for ‘capital as power’. It is a new, radical approach to the study of capitalism, and, as such, it contrasts sharply with both liberal and Marxist political economies. The key premise of this approach is that capital is not a material/productive entity, but a symbolic ...
THE CONTINUING RELEVANCE OF FRED - dinamia`cet-iul
... Perhaps that is why it came to be considered a ‘classic’ shortly after its appearance. Since it emerges as an isolated effort in the context of Hirsch’s intellectual trajectory - he died prematurely in 1978, two years after the book was first published - we cannot search back or forward in his perso ...
... Perhaps that is why it came to be considered a ‘classic’ shortly after its appearance. Since it emerges as an isolated effort in the context of Hirsch’s intellectual trajectory - he died prematurely in 1978, two years after the book was first published - we cannot search back or forward in his perso ...
Adam Smith`s Legacy: His Place in the Development of Modern
... free decentralized action by economic agents within a competitive system. Allais continued with a spirited attack on modern economists for their obsession with the properties of efficiency, as embodied in general equilibrium theory. They should instead look at how markets become efficient in the sea ...
... free decentralized action by economic agents within a competitive system. Allais continued with a spirited attack on modern economists for their obsession with the properties of efficiency, as embodied in general equilibrium theory. They should instead look at how markets become efficient in the sea ...
An essay on the labor theory of value
... evidence of Petty1s theory of value having been a labor theory of value is found in the following: I say, that when this man hath sub ducted his seed out of the proceed of his Harvest, and also, what himself hath both eaten and given to others in exchange for clothes, and other Natural necessaires; ...
... evidence of Petty1s theory of value having been a labor theory of value is found in the following: I say, that when this man hath sub ducted his seed out of the proceed of his Harvest, and also, what himself hath both eaten and given to others in exchange for clothes, and other Natural necessaires; ...
The spontaneous generation of excess and its capitalist capture
... and productive whole that is the social formation. Thereby exploitation is revealed as a concrete actualization of the virtual process that Deleuze calls capture, an actualization specific to the historical socius that is capitalism. More importantly, exploitation or capitalist capture is revealed ...
... and productive whole that is the social formation. Thereby exploitation is revealed as a concrete actualization of the virtual process that Deleuze calls capture, an actualization specific to the historical socius that is capitalism. More importantly, exploitation or capitalist capture is revealed ...
The Making of Economic Society
... Professor Heilbroner (1919–2005) wrote 25 books over his long career, but the two that he valued most were The Worldly Philosophers and The Making of Economic Society. Robert Heilbroner passed away peacefully at the age of 85 while we were revising this book for its twelfth edition. Professor Heilbr ...
... Professor Heilbroner (1919–2005) wrote 25 books over his long career, but the two that he valued most were The Worldly Philosophers and The Making of Economic Society. Robert Heilbroner passed away peacefully at the age of 85 while we were revising this book for its twelfth edition. Professor Heilbr ...
as a PDF
... as a means of signalling and reckoning. In short, Mises does not use the ERE to describe the trade cycle. In considering how Mises described entrepreneurship in the study of economic change, one should be careful not to conclude that this was Mises' only conception of entrepreneurship. In the theory ...
... as a means of signalling and reckoning. In short, Mises does not use the ERE to describe the trade cycle. In considering how Mises described entrepreneurship in the study of economic change, one should be careful not to conclude that this was Mises' only conception of entrepreneurship. In the theory ...
Reconstructing Political Economy: The great divide in
... traditional understandings of fairness. Thus, on the one hand, there is the globalization of economies, a technological revolution in communication, a sweeping aside of traditional ways and the more secure accommodations of the past, and a forcing of a new stance on nations wanting access to leading ...
... traditional understandings of fairness. Thus, on the one hand, there is the globalization of economies, a technological revolution in communication, a sweeping aside of traditional ways and the more secure accommodations of the past, and a forcing of a new stance on nations wanting access to leading ...
UNDERSTANDING CAPITALISM 3rd Edition By Samuel Bowles
... UNDERSTANDING CAPITALISM 3rd Edition By Samuel Bowles, Richard Edwards, and Frank Roosevelt ...
... UNDERSTANDING CAPITALISM 3rd Edition By Samuel Bowles, Richard Edwards, and Frank Roosevelt ...
Table of Contents
... industrial economy, would entirely destroy the natural environment. And then, freed from the profit and growth compulsions of capitalism and from the power of the capitalists, it would be possible for society to shape the economy in an ecologically sustainable way. In other words, he argued, capital ...
... industrial economy, would entirely destroy the natural environment. And then, freed from the profit and growth compulsions of capitalism and from the power of the capitalists, it would be possible for society to shape the economy in an ecologically sustainable way. In other words, he argued, capital ...
Mises_Biblio
... during much of the nineteenth century, is one of peaceful relations between nations. Business relations and intemational trade are of special importance here. During the nineteenth and early twentieth century, great importance was attached by monetary theorists to classifying the various sorts of mo ...
... during much of the nineteenth century, is one of peaceful relations between nations. Business relations and intemational trade are of special importance here. During the nineteenth and early twentieth century, great importance was attached by monetary theorists to classifying the various sorts of mo ...
Chapter 1
... No country practices pure capitalism, socialism, or communism. Economic systems can be mixtures and often contain various elements of government intervention ...
... No country practices pure capitalism, socialism, or communism. Economic systems can be mixtures and often contain various elements of government intervention ...
Conspicuous Consumption as Routine Expenditures
... these “outputs” requires the purchase of commodities. Thus, within the capitalist economy the reciprocal or gift-exchange relations within and among households (such as cooking and care for a family member) cannot be sustained without access to the available social surplus. Nonmonetary activities su ...
... these “outputs” requires the purchase of commodities. Thus, within the capitalist economy the reciprocal or gift-exchange relations within and among households (such as cooking and care for a family member) cannot be sustained without access to the available social surplus. Nonmonetary activities su ...
Economists : Occupational Outlook Handbook : U.S. Bureau of
... Interpret and forecast market trends Advise businesses, governments, and individuals on economic topics Design policies or make recommendations for solving economic problems Write articles for publication in academic journals and other media sources Economists apply economic analysis to issues withi ...
... Interpret and forecast market trends Advise businesses, governments, and individuals on economic topics Design policies or make recommendations for solving economic problems Write articles for publication in academic journals and other media sources Economists apply economic analysis to issues withi ...
Intersubjectivity, Subjectivism, Social Sciences
... praxeology, Hayek’s spontaneous order, and Kirzner’s middle ground in economics. Finally, certain consequences for contemporary epistemology of economics are briefly taken into account. ...
... praxeology, Hayek’s spontaneous order, and Kirzner’s middle ground in economics. Finally, certain consequences for contemporary epistemology of economics are briefly taken into account. ...