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world of ceaseless innovation is drummed into students. Third, little is discussed about AI's scaling problem - it faces … AI has essentially become a project of platform capitalism (techfeudalism) and that the last extraction zone it is being …
Persistent link: https://www.econbiz.de/10015064440
Entrepreneurship scholarship and policy are based on the myth of firm growth as imperative and the related myth of perpetual economic growth. This paper takes issue with the obsession with this growth myth, discussing the dangers it poses. Green growth and sustainable entrepreneurship are...
Persistent link: https://www.econbiz.de/10014584338
"According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...
Persistent link: https://www.econbiz.de/10003451834
plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of … insiders' capitalism that we describe, trough the costless appropriation of an intricate cobweb of Call-Put structures, has … two sides of the Warrant Economics coin. We argue that the Warrant Economics state of capitalism has been legitimised by a …
Persistent link: https://www.econbiz.de/10009524338
There exists a persistent disagreement in the literature over the effect of business cycles on economic growth. This paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a negative indirect effect, operating through the insurance...
Persistent link: https://www.econbiz.de/10010228789
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010252653
World Poll data from over 150 countries, BRFSS data on 2.5 million US respondents, and Eurobarometer data that cover …
Persistent link: https://www.econbiz.de/10010498599
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10010488272
. Neo-humanism proposes a world in which the well-being of people comes before the well-being of markets, in which promoting …
Persistent link: https://www.econbiz.de/10012803715