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The relation between religion, economy and the country became a major topic in the development of public welfare systems. Humans are political creatures that have the potential to realise the level of moral conscience to meet the needs of a better life, but humans as spiritual beings must have a...
Persistent link: https://www.econbiz.de/10012987223
considered not only his latest but also his most relevant analysis concerning social sciences and the role of economics in … economics, this paper argues that Schumpeter could also, perhaps primarily, be interpreted as a well-reasoning institutionalist …
Persistent link: https://www.econbiz.de/10011107659
differences of how the transformation problem has been interpreted, why it was put to rest in mainstream economics and how it has … regained prominence in Marxian economics. …
Persistent link: https://www.econbiz.de/10005835565
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10005836148
economics, the idea of comparison, aspiration or relative income belongs to this theoretical framework. The first systematic …, however, income comparisons continued to play a role in much of Keynesian inspired and Behavioural economics literature. In … the last few years it has made a strong comeback in the literature of job satisfaction and of the economics of happiness …
Persistent link: https://www.econbiz.de/10005836498
Professor Narmadeshwar Jha was a noted scholar on History of Economic Thought that took its shape under the influence of Alfred Marshall. His widely referred book - The Age of Marshall: Aspects of British Economic Thought, 1890-1915 – was written under the supervision of Professor A.J. Brown...
Persistent link: https://www.econbiz.de/10005836555
This entry, submitted to Philip O’Hara’s Encyclopedia of Political Economy but not included in it, contrasts the temporal and simultaneist approaches to the formation of price and its relation to value.
Persistent link: https://www.econbiz.de/10005837439
In the 17th Century, the importance of Turkish and Persian increased because of being languages of rulers and receiving official patronage. Thus, along with writing on socio-economic problems in Arabic language, many works of economic interest appeared in those languages. While the focus of the...
Persistent link: https://www.econbiz.de/10008871321
This is Chapter 7 from Social Economics: An Alternative Theory (St. Martin's Press, 1991) Since Alfred Marshall's time … chapter the author takes a somewhat impressionistic look at the sociology of the field of economics. Given a discipline which …
Persistent link: https://www.econbiz.de/10009025313
The financial crisis of 2008 has challenged the reputation of the free-market economy in the public imagination in a way that it has not been challenged since the Great Depression. The intellectual consensus after World War II was that markets are unstable and exploitive and thus in need of...
Persistent link: https://www.econbiz.de/10009323481