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replaced in the following. The formal point of reference is ‘the integrated approach to credit, money, income, production and …
Persistent link: https://www.econbiz.de/10011258616
The present paper takes it as an indisputable fact that subjective-behavioral thinking leads, for deeper methodological reasons, with inner necessity to inconclusive filibustering about the agents’ economic conduct and therefore has to be replaced by something fundamentally different. The key...
Persistent link: https://www.econbiz.de/10011259277
the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment …
Persistent link: https://www.econbiz.de/10011259823
Economists are fond of the physicists’ powerful tools. As a popular mindset Toolism is as old as economics but the transplants failed to produce the same successes as in their aboriginal environment. Economists therefore looked more and more to the math department for inspiration. Now the tide...
Persistent link: https://www.econbiz.de/10011260316
Neither Walrasians nor Keynesians have a clear idea of the fundamental economic concepts income and profit, nor of the …
Persistent link: https://www.econbiz.de/10011260927
The study examines the effect of income and education of the household on its health expenditure, based on primary data ….e., sampling unit. The descriptive statistics shows that per capita income and per capita health expenditure are Rs.9, 820.02 and … cent of his/her income on health expenditure from his own pocket. To find out the impact of income and education on health …
Persistent link: https://www.econbiz.de/10005837465
characteristics in terms of income and education on household health expenditures, as well as to encourage improved approaches. The … study finds that income of the household has significant influence on its health expenditure where as the effect of … education is insignificant. From the study it is found that as disposable income of the household increases, individual takes …
Persistent link: https://www.econbiz.de/10005621522
center to the periphery. From elementary systemic properties the relation of income and profit is then consistently derived …
Persistent link: https://www.econbiz.de/10011109627
There is no way around it: each theory rests on a tiny set of foundational propositions. Standard economics rests on behavioral axioms. After a long intellectual detour it should be clear by now that behavioral axioms are the wrong formal departure point. Being beyond repair, they have to be...
Persistent link: https://www.econbiz.de/10011110081
the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment …
Persistent link: https://www.econbiz.de/10011112236