In responding to the extremely weak global economy after the financial crisis in 2008, many industrial nations have been considering or have already implemented negative nominal interest rate policy. This situation raises two important questions for monetary theories: (i) Given the widely held...

We identify the origin of the contradicting perspectives on credit creation offered by Austrian, Mainstream and Post Keynesian economists as the neglect of the primacy of such assets as goods, properties and securities, which always pre-exist any transaction and loan. We develop a unified...

Im Mittelpunkt des Beitrags stehen folgende Fragen, Ziele und Ergebnisse: In welchen der 201 Maerchen der Brueder Grimm lassen sich Textstellen identifizieren, die wir als explizite Verhaltensleitsaetze interpretieren koennen? Zu welchen Kernleitsaetzen lassen sich die Maerchenleitsaetze...

The present study identifies and analyzes, critically evaluating, the contributions and shortcomings of the following theories, approaches and models, which are attempting to explain post factum the creation of international joint ventures in the practice: transaction costs theory and its...

This paper examines the revival of political economy in various forms in the last decades. The first part is dedicated to the evolution of the definition of the economic science to lay the foundation of a better understanding of the current use of the term “political economy”. The second...

This essay is a comment on “Sen on Freedom and Gender Justice,” by Mozaffar Qizilbash, which appeared in Feminist Economics Volume 11, Number 3, November 2005. Building on the 2003 double special issue of Feminist Economics entitled “Amartya Sen's Work and Ideas,” this paper responds to...

The economic metronome (IM) is a term for a mathematical formula of a set of fundamental interrelations of a key importance for the value-monetary expression among: the main factors of business activity of any kind; their productivity; the primary proportions in production, distribution, exchange...

The three realms of meaning: practical knowing, theory and interiority provide a framework for understanding the epistemological challenges confronting action researchers. Action researchers have two external horizons: that of practice and that of theory. Practice engages with the world of...

We study how conflicts of interest (CoI)--defined as financial, professional, or ideological stakes held by authors--affect perceived credibility in economics research. Using a randomized controlled survey of both economists and a representative sample of the U.S. public, we find that the...

This paper examines the revival of political economy in various forms in the last few decades. The first part is dedicated to the evolution of the definition of the economic science to lay the foundation of a better understanding of the current use of the term "political economy". The second...