This article reveals and studies the connections between Bentham's Defence of Usury (1787) and Saint-Amand Bazard (1791-1832), a founder of Saint-Simonianism. We first traces Bazard's exposure to Bentham through his unknown friendship with Bentham's publisher Etienne Dumont. After introducing in...

Hülsmann (2008) argues that the neglect of time preference changes on the demand side of the time market renders Rothbard's (1993) analysis incomplete in that it unduly portrays a rise in the volume of investment as a necessary counterpart to a fall in the pure interest rate. Focusing on the...

We show that an American monetary shock wields an influence, though limited, over the Lebanese output in accordance with the literature advances. However, as we are waiting for a stronger transmission of U.S. short-term rates to Lebanese short-term rates, we notice that this transmission is weak...

Compared with the U.S., the amplitude of the European monetary policy rate cycle is strikingly narrow. Is it an evidence of a less reactive ECB? This observation can certainly reflect the preferences and then the strategy of the ECB. But its greater inertia must also be assessed in the light of...

The paper states that, although Post Keynesian interest rules may be feasible and sustainable in favourable circumstances, there is a shared difficulty as for the setting of long-term interest rates in a context of strong uncertainty and shifting liquidity preference. According to Keynes theory...

This paper deals with the management of the enterprise value based on the use of the meter which is the economic value added (EVA). A comparison of the two companies in the sector of food production.

A way of managing the goodwill on the example of the enterprise producing products from metal, non-profit organization providing fire services, financial institutions from the scope is reporting back of Open pension funds. Calculations were conducted at using the method Eva. all data for...

It is a common wisdom that individual stocks' returns are difficult to predict, though in many situations it is important to have such estimates at our disposal. In particular, they are needed to determine the cost of capital. Market equilibrium models posit that expected returns are...

Selon l'auteur, les " affaires " et la mise en application des normes internationales constituent à la fois un formidable défi et une formidable opportunité pour un enseignement de la comptabilité resté trop technique et trop révérencieux envers la normalisation. Il trace les voies d'une...