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In the longstanding debate in political economy about the feasibility of socialism, the Austrian School of Economists have argued that markets are an indispensable means of evaluating goods, hence a prerequisite for productive efficiency. Socialist models for non-market economic calculation have...
Persistent link: https://www.econbiz.de/10009452315
Mises' 'calculation argument' against socialism argues that monetary calculation is indispensable as a commensurable unit for evaluating factors of production. This is not due to his conception of rationality being purely 'algorithmic,' for it accommodates non-monetary, incommensurable values....
Persistent link: https://www.econbiz.de/10009452316
In the longstanding debate in political economy about the feasibility of socialism, the Austrian School of Economists have argued that markets are an indispensable means of evaluating goods, hence a prerequisite for productive efficiency. Socialist models for non-market economic calculation have...
Persistent link: https://www.econbiz.de/10009452390
This study reports on how the corporate hospitality industry is affected by an economic downturn, via the example of the UK in 2008. Qualitative telephone interviews with corporate hospitality agencies, activity providers and caterers were carried out to examine how the downturn affected the...
Persistent link: https://www.econbiz.de/10009452290
Over the last decade, real spending in the United Kingdom NHS doubled in real terms to meet government targets including moves to increase spending rates to other EU countries and increasing health demands both as a result of increasing population of the elderly and illness related to lifestyle....
Persistent link: https://www.econbiz.de/10009452309
Global climate change is one of the highest concerns in the scientific, health and environmental arena. Establishing association between weather and health exposures are fundamental to learn about the complex exposure-disease relationship but the link between them are still largely unexplored....
Persistent link: https://www.econbiz.de/10009452310
Enterprise business models and the semantic of their dynamic changes are influenced a) by internal factors which dictate the nature and the role of business processes within the enterprise and b) by the external factors which live in enterprise’s environment, such as technological changes,...
Persistent link: https://www.econbiz.de/10009452320
The complex procedure of processing the marketing authorization of medicinal product licenses is a challenging task for government health authorities and the pharmaceutical industry across the world. Regulatory requirements have diverged significantly, and each country has its own regulations...
Persistent link: https://www.econbiz.de/10009452331
Local Strategic Partnerships are being established in England to provide an inclusive, collaborative and strategic focus to regeneration strategies at the local level. They are also required to rationalise the proliferation of local and micro-partnerships set up by a succession of funding...
Persistent link: https://www.econbiz.de/10009452337
This study assesses the financial performance of a representative sample of 35 European commercial airports for the period 1990 to 1999 inclusive, comparing those subject to partial or full privatisation with those in public ownership. It is hypothesized that privatised airports operate more...
Persistent link: https://www.econbiz.de/10009452342