Showing 1 - 10 of 10
Here we will deal with Hayek economist and without considering his theoretical production completely. In fact, the purpose of the present work is to expose and discuss Hayek’s theory of economic cycle. To try to develop our assignment in best way, naturally, we have also to deal us with...
Persistent link: https://www.econbiz.de/10005449536
The “paradox of happiness in economics” has aroused a growing interest among scholars all over the world. In opulent societies, many people, despite an increase in income, declare themselves less happy. One explanation is that economic growth can destroy some “relational goods” (personal...
Persistent link: https://www.econbiz.de/10005007622
Austrian economists do not directly face the problem of the relationships between economics and happiness. They even rather rarely use the word happiness and do not bother to define the philosophical meaning of it referring to Aristotle or to the Enlightenment. They prefer to speak of human...
Persistent link: https://www.econbiz.de/10005449527
From an analitycal historical perspective, this paper deals with the important public finance issue of decentralizing the government’s economic activities and functions into distinct branches, respectively devoted to collecting taxes and to allocating a given budget to different public goods....
Persistent link: https://www.econbiz.de/10010678532
districts. However Alfred Marshall did not limit their application to such types of places, nor to their territorial scale. This … paper illustrates some important extensions found in Marshall’s works, particularly in Industry and Trade, concerning … Marshallian external economies, and the possible interrelation between them. Processes and conditions associated by Marshall to …
Persistent link: https://www.econbiz.de/10008500942
This article discusses Alvin Roth’s research about moneyless markets, and in particular about the manner in which kidneys are allocated to patients needing transplants. As Titmuss pointed out for blood transfusions, providing monetary incentives to blood donors may crowd out supply, since...
Persistent link: https://www.econbiz.de/10010734917
The aim of this article is to analyse the relationship between the thinking of a major public finance scholar in the Italian tradition, Antonio De Viti de Marco, and the foundations of the ‘new’ economic policy which, at the end of last century in most industrialised countries, generated a...
Persistent link: https://www.econbiz.de/10010937278
This paper examines Jacob Viner’s contribution to the debate and the policy decision making concerning international monetary policy from the Great Depression to the Bretton Woods agreements. An outstanding member of the so called “early Chicago School of Political Economy”, Viner was...
Persistent link: https://www.econbiz.de/10008490777
This paper examines Adam Smith’s vision of family life and the role of the family in society as it stems from the Theory of Moral Sentiments. We first discuss textual evidences of Smith’s vision of gender differences and of the relationships between the sexes. Then we turn to TMS’s...
Persistent link: https://www.econbiz.de/10005449524
Between 1943 and 1947 a new economic order was founded, which aimed at implementing multilateral trade, international monetary cooperation and economic stability supported by government intervention. This paper describes the contribution provided to this process by a group of American economists...
Persistent link: https://www.econbiz.de/10005405103