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A hayeki szociokulturális evolúció elmélete a piaci rend elemzésének általánosítása. Hayek mind a piaci rend, mind a piaci rend alapzatául szolgáló társadalmi intézmények kialakulását és működését azonos logika alapján magyarázza. Ez a logika az egyéni cselekvések nem...
Persistent link: https://www.econbiz.de/10010775135
Hayek's theory of socio-cultural evolution is a generalization of his theory on spontaneous market order. Hayek explains both the emergence of market and social institutions serving as a social basis for that order within the framework of a unified evolutionary logic. This logic interprets the...
Persistent link: https://www.econbiz.de/10011255326
The paper investigates institutional reforms in Vietnam and their impact on the economic performance of firms. Using the provincial competitiveness index 2006 (PCI06) and firm-level data in Vietnam in 2005, the results show that provincial competitiveness is economically and statistically...
Persistent link: https://www.econbiz.de/10009363666
When trying to understand what is meant by the concept of institution we must analyse the context in which institutions …
Persistent link: https://www.econbiz.de/10005040878
Our contribution aims at revealing the terms of a confrontation between Austrian and Institutional schools concerning the nature and the role of markets. Such an approach is justified by, on the one hand, the characteristics shared by both theoretical traditions and on the other by the fact that...
Persistent link: https://www.econbiz.de/10011187248
In 1933, Knight launched a violent attack against the Austrian theory of capital. Beyond an apparent opposition on the average period of production, the conflict concerns more profoundly the capacity of the Austrian theory to ground a general theory of production and to build on a dynamic...
Persistent link: https://www.econbiz.de/10004962243
I denna uppsats visas att Dahmén redan 1939 hade kommit fram till den grundläggande transformationsteoretiska syn han redovisade i sin licentiat avhandling av 1942. I en djuplodande analys av felinvesteringarnas roll i långsiktiga utvecklingsförlopp grundlade Dahmén 1939 för det...
Persistent link: https://www.econbiz.de/10005642435
This work is an attempt, first, to outline the basic building blocks of evolutionary theory in economics and, second, to offer a comparative assessment of different strands of literature which call upon evolutionary ideas of some sort. We sketch out what we consider to be the main results...
Persistent link: https://www.econbiz.de/10008578485
Orwell's famous fictions, Animal Farm and Nineteen Eighty-Four criticized totalitarian forms of socialism from a Public Choice perspective, assuming that socialism would work as an economic system as long as the proper political institutions were in place to curb the potential for the abuse of...
Persistent link: https://www.econbiz.de/10011195655
portraying undemocratic forms of socialism as totalitarian. For Orwell, democracy was a political institution which would limit …
Persistent link: https://www.econbiz.de/10011195664