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While congress debates the merits of a stimulus package of around 900 hundred billion dollars, a historical approach to the current situation suggests that the stimulus packages currently being discussed are actually far less generous than may be needed. The Congressional Budget Office projects...
Persistent link: https://www.econbiz.de/10008694170
“Okun’s Law” states a 3:1 proportion between percent growth in U. S. real GNP and percent decrease in the rate of unemployment. This paper argues that this ratio is actually a Pi:1 proportion, heretofore unrecognized because it is displayed through a form of mathematic / harmonic inverse....
Persistent link: https://www.econbiz.de/10011260030
This volume – Predicting Crisis: Five Essays on the Mathematic Prediction of Economic and Social Crises – is the first of three sets of essays. In this first set the economic and social history of the United States is shown to be a “system of movement,” i.e. a logical and mathematic...
Persistent link: https://www.econbiz.de/10011260672
The desired professional insertion (placement) after training is under the influence of personal and exogenous variables. In the present paper we identify the constraints and devices that, in an interactive way, can shape and affect the professional insertion. This paper is a result of a...
Persistent link: https://www.econbiz.de/10008694000
This paper looks at some of the fundamental ideas in contemporary economics such as the basic economic problem, opportunity cost and allocation a person is expected to encounter when they are first introduced to economic theory. It attempts to explain how the manner in which these concepts are...
Persistent link: https://www.econbiz.de/10008685377
Does the public believe that fiscal and monetary stimulus reduce unemployment? I present survey evidence on this question from a random sample of Pennsylvania residents. Few respondents express a consistently Keynesian view of fiscal and monetary stimulus. In fact, the typical respondent...
Persistent link: https://www.econbiz.de/10011112554
The article discusses the incompatibility of promoting individual interests of capitalists and workers with the promotion of macroeconomic goals of society. The article implements the ``instrumental method'' developed by Adolph Lowe, and articulates the separation of microeconomic goals with...
Persistent link: https://www.econbiz.de/10011258767
I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46);...
Persistent link: https://www.econbiz.de/10011259667
In sum, in these essays I explore the self-similarity between levels, the fractal structure of reality, through an investigation of an inherent and unavoidable uncertainty which is unique to each level. These essays will demonstrate that as each level struggles to resolve its own inherent...
Persistent link: https://www.econbiz.de/10011260442
The importance of research in this area is that modern economies seek new value, while the time incorporates a significant economic value. The interest to investigate time use has increased in recent decades, refocusing research programs of economic science towards a new horizon of knowledge...
Persistent link: https://www.econbiz.de/10011260921