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Persistent link: https://www.econbiz.de/10000168534
The importance of circular causation in explaining the dynamics of learning systems that cover the entirety of human experience is pointed out. Yet despite claims, Ibn Khaldun is seen to have failed in addressing the analytical nature of this central theme of historiography. Recent authors who...
Persistent link: https://www.econbiz.de/10014118297
We suggest that one way in which economic analysis is useful is by offering a critique of reasoning. According to this view, economic theory may be useful not only by providing predictions, but also by pointing out weaknesses of arguments. It is argued that, when a theory requires a non-trivial...
Persistent link: https://www.econbiz.de/10012969933
This paper examines the validity of economic thoughts of Karl Marx and John Maynard Keynes for the present time. The paper compares Marx and Keynes, and aims to show that the difference in treatment of the major economic issues between them is not as significant as one may expect. Marx and...
Persistent link: https://www.econbiz.de/10013081493
perfect competition, the global fields of the dysfunctional market system have mushroomed in what we call Warrant Economics … for the Free-Market Aristocracy. Warrant Economics unfolds in two symbiotic tenets that constitute the subtle architecture … two sides of the Warrant Economics coin. We argue that the Warrant Economics state of capitalism has been legitimised by a …
Persistent link: https://www.econbiz.de/10013112775
perfect competition, the global fields of the dysfunctional market system have mushroomed in what we call Warrant Economics … for the Free-Market Aristocracy. Warrant Economics unfolds in two symbiotic tenets that constitute the subtle architecture … two sides of the Warrant Economics coin. We argue that the Warrant Economics state of capitalism has been legitimised by a …
Persistent link: https://www.econbiz.de/10009524338
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Persistent link: https://www.econbiz.de/10003811736