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This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...
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The paper investigates the role played by Friedman’s interpretation of the Brazilian inflation in his 1967 formulation of the natural rate hypothesis and in his 1976 discussion of indexation and other institutional arrangements in the face of chronic inflation. It is argued that, as an...
Persistent link: https://www.econbiz.de/10011890130
extent that workers' (adaptive) price expectations lead to accelerating inflation or deflation, this will prompt central …
Persistent link: https://www.econbiz.de/10011760014
This volume presents commissioned essays on important, but often neglected, Irish and English economists of the 18th and 19th centuries. Noticeable papers include Tom Sowell on Observations on Certain Verbal Disputes and Sam Hollanders extended essay on Samuel Bailey, which adds to his...
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