Showing 1 - 10 of 24
Development geography and mainstream economic theory have for many years lived separate lives. Especially so since the downfall of development economics, an academic subject which has repeatedly been pronounced dead by one of today’s leading US economists. The geographical dimension - the...
Persistent link: https://www.econbiz.de/10011259930
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005025710
Since the outbreak of the global crisis in mid 2007, there has been an extensive discussion on root causes. Some blame the greed and corruption of financial actors. Others put the blame on central bankers for easy money or regulators who remained idle as too much risks accumulated in financial...
Persistent link: https://www.econbiz.de/10009372533
The doctrine of nonintervention, a staple of traditional international law, provides that each state should refrain from interfering in the domestic affairs of other states. This prohibition includes not only military intervention, but also, in Hersh Lauterpacht’s formulation, all...
Persistent link: https://www.econbiz.de/10008693547
In this brief meditation, financial crisis is described as coming from a deeper crisis on economic theory and its teaching in colleges and universities. Larger studies of the economy towards applied fields of social sciences, is the challenge of the present.
Persistent link: https://www.econbiz.de/10008543480
One of the main achievements of Herbert A. Simon in organizational theory is analytically evaluating the psychology of individual and collective behavior thus opening the ground for further research D. Kahneman, and T. Schelling. This article provides an assessment of the contributions of...
Persistent link: https://www.econbiz.de/10008543791
This paper provides a summary of the results of a survey on French professional economists on 82 general economic questions, classified in 11 areas : competition policies, trade and globalization, education and human capital, social security and redistribution, tax policy, environment, labor...
Persistent link: https://www.econbiz.de/10008472226
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005105673
The study of the local characteristics of equilibrium positions generated by the constrained maximization of some criterion functions (such as utility, profit, cost, etc.) goes back to Antonelli's paper [2] of 1886. Certain local properties have been proved to be particularly fruitful for...
Persistent link: https://www.econbiz.de/10005617056
In this paper we describe the main causes of recent financial crisis as a result of many theoretical, methodological, and practical shortcomings mostly according to heterodox, but also including some important orthodox economists. At the theoretical level, there are problems concerning teaching...
Persistent link: https://www.econbiz.de/10008756292