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This paper represents shortly the contribution of the Professor Lucas in modern macroeconomics, notably famous criticism of the Keynesian models. Contribution which was worth him the Nobel prize of economy 1995.
Persistent link: https://www.econbiz.de/10005835589
Economists have always been interested in the workings of the financial markets, but most of them neither seek nor get …) economists became involved in the financial markets, and what that professional involvement has entailed, in order to come up … with implications for economists who are considering working in the financial markets as well as for the universities that …
Persistent link: https://www.econbiz.de/10005616608
The essay proposes an alternative understanding of social policy, focussing on social quality and as such bringing together biographical and societal development and as well institutional and communal concerns. On this basis the author proposes a definition of precarity that goes far beyond...
Persistent link: https://www.econbiz.de/10005836685
The presentation aims on refocusing the mainstream debate, starting from looking at work as the central reference rather than seeing the constituting problem of workfare as one of social policy/social security. Of course, at the end the objective is a clearer understanding of how measures aiming...
Persistent link: https://www.econbiz.de/10005837139
In Islamic tradition two sets of works – al-hisbah and al-siyasah al-shar‛iyah – appeared that proved to be a rich source of economic thought of past Muslim thinkers. Works related to al-hisbah generally discussed socio-economic control, moral and market supervision, prevention of...
Persistent link: https://www.econbiz.de/10008527372
The institute of social responsibility is considered as mandatory addition of market and state institutes, since it reduces the transaction costs of the socio-economic system by eliminating discrimination in the relations. One of the most important missions of the state is the formation and...
Persistent link: https://www.econbiz.de/10011110299
The rational pursuit of happiness requires knowledge of happiness and in particular answers to the following four questions: 1: Is greater happiness realistically possible? 2: If so, to what extent is that in our own hands? 3: How can we get happier? What things should be considered in the...
Persistent link: https://www.econbiz.de/10011114174
The object of analysis is a state as a distributed system of decision making and the subject of analysis is its dysfunction as a result of action of institutional factors, in particular, corruption as an informal negative institute. The obtained results provide grounds for doubts in positive...
Persistent link: https://www.econbiz.de/10011257696
This article, deposited for archival purposes with Repec, contains the submission of the UK-based Association for Heterodox Economics (AHE) on the benchmarking of research assessment in economics in the UK, to a consultation organised by the Economics and Social Science Research Council (ESRC)...
Persistent link: https://www.econbiz.de/10011258872
According to Sohn-Rethel there is a “secret identity” between commodity form and thought form. Commodity exchange is a real abstraction – embodied in money – and constitutes a social a priori which reflects itself in the conceptual abstraction, i.e., in the abstract thought typical of...
Persistent link: https://www.econbiz.de/10011260486