The evolution of Gini coefficient for personal incomes in the USA between 1947 and 2005 is analyzed and modeled. There … definition of income. Therefore the model Gini coefficient potentially better describes true behavior of inequality in the USA …

. If the definition and supposition are granted we can conclude that the theory of everyday action, such as walking or … chewing gum, is one and the same as the theory of evolution. The conclusion is definitely strange if not extraordinary. It is … conclusion is extraordinary only because it goes against the dominant dogmas in economics (i.e., neoclassical theory) and …

one another. Investigation of this question examines fundamental economic theory and identifies the root cause of the rift … that legitimate theories should channel central debate on the current “given” modern theory is not debated at all, but …

MODERN MONETARY THEORY (MMT) notes correctly that money is a creature of the state, and that important macroeconomic …

While corporate income taxation is a major issue in the debate over international finance, economic theory has no clear …

economy. In doing so, we also explain the theoretical context surrounding Kirzner’s theory of the entrepreneurial market … over market theory and the price system that Kirzner was engaging in order to understand the reasons behind his methods and …