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the respective amount of profit accruing to the two sectors as well as the corresponding employment. The consequences for …
Persistent link: https://www.econbiz.de/10014363137
Helmedag (2012) derives effects on employment caused by changes in (a) uncompensated wage hours, (b) output, (c …
Persistent link: https://www.econbiz.de/10014363182
A system of thought allowed for the free market price of land to cyclically go down to zero. This is the economics of Moses. The economics of Jesus is a restatement of the economics of Moses. The first was applied during Biblical times and the latter, united with Aristotle’s thought and...
Persistent link: https://www.econbiz.de/10014202651
Technical, vocational education, and training has remained an explosive topic because it can create a divided society in terms of education and the benefits associated with it. Internationally, it has always been a complex and controversial topic compared to the general education strand. It has...
Persistent link: https://www.econbiz.de/10010352729
Technical, vocational education, and training has remained an explosive topic because it can create a divided society in terms of education and the benefits associated with it. Internationally, it has always been a complex and controversial topic compared to the general education strand. It has...
Persistent link: https://www.econbiz.de/10010337685
relationship between profits and employment. The concept of ‘wasted profits' is first presented and developed. This is followed by … an assessment of the alleged opposition between profits and employment. Finally, the employment effects that the …
Persistent link: https://www.econbiz.de/10013074584
This paper completes my previous paper "A Revision of the Theory of Perfect Competition and of Value" with a more global analysis of the mathematical mistakes of the neoclassical theory. During the second half of the twentieth century Microeconomic theory moved increasingly away from price...
Persistent link: https://www.econbiz.de/10012822976
Persistent link: https://www.econbiz.de/10012969971
During the second half of the twentieth century economic theory moved increasingly away from price theory, which was gradually displaced by more modern trends such as game theory, decision theory, behavioral-empirical-experimental economics, heterodox economics, etc. This was due to serious...
Persistent link: https://www.econbiz.de/10012854924
David Ricardo's key place in the history of economic thought is well established. However, both the understanding of his Principles of Political Economy and Taxation and its role in the development of economic analysis is much more controversial. Cambridge economists have contributed...
Persistent link: https://www.econbiz.de/10013059076