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, it analyzes the current financial crisis and the importance of monetary decisions. …
Persistent link: https://www.econbiz.de/10008565966
This paper summarizes “The Center and the Periphery: The Globalization of Financial Shocks," which presents a new … approach to measure and understand systemic financial turbulences. We defined two measures of systemic disturbances: weak- and … routes through which market jitters in one country reach other countries in the same region or even worldwide. They also …
Persistent link: https://www.econbiz.de/10005789519
This is the English language version of the entry on ‘Money’ (‘Geld’) in the ‘Historisch Kritisch Wörterbuch des …
Persistent link: https://www.econbiz.de/10005621653
, Research in Political Economy 17, pp241-48. Stanford, CT: JAI Press. http … Research in Political Economy in 1999 and 2000, between David Laibman, Duncan Foley, Andrew Kliman and Alan Freeman. This piece …
Persistent link: https://www.econbiz.de/10005835556
This is the Italian version of ‘Value and Marx: why it matters’ which appeared in Vasopollo, L (2002) (ed) ‘Un Vecchio Falso Problema: La Transformazione dei valori in prezzi nel Capital di Marx’, Roma: Laboratoria per la critica sociale. It was presented at the May 2002 conference...
Persistent link: https://www.econbiz.de/10005836459
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as scarce resource theory (SRT) in operating level...
Persistent link: https://www.econbiz.de/10009203644
political decisions whose core belief is market perfection: the notion that the combination of private property in production … market perfection. Its prescriptions are derived not by the normal scientific method of testing a variety of theories against … market perfection. It is constructed to suppress any body of theory which leads to conclusions inconsistent with the …
Persistent link: https://www.econbiz.de/10011260071
extraordinary economic challenges the world faces today. Accelerated economic growth in an EOS model is applied to the economy of a … as an illustration of how the current model may not exploit the full potential for market capitalisation businesses could … labour, frees up financial resources for governments and creates a new lucrative financial product for banks and other …
Persistent link: https://www.econbiz.de/10008685377
, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth …, stability and safety. This paper delves into market theory to determine whether what is commonly understood about market forces … deflation to market forces to sort out with the occasional booster shot of intervention when this process seems to fail. To this …
Persistent link: https://www.econbiz.de/10008685520
which to satisfactorily manage human development. The impact the price of oil has on the global economy is testimony to the … impact the cost of energy has on economies and governments in general. If global incomes could rise or the cost of energy …
Persistent link: https://www.econbiz.de/10009228914