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This essay attempts to show that there is a satisfactory resolution to the long-standing controversy as to the whether poverty is measured strictly in terms of a minimal-living (or absolute) standard or an income-distribution (or relative) standard, a resolution which is based on the duality of...
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There are three problems with Ismael Hossein-zadeh's “Social vs. Military Spending” in the June 2009 Review of Social Economy in which he sets out to demonstrate the consequences of “escalating US military spending at the expense of non-military public spending.” First, there is abundant...
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There are two reasons why personalist economics lies outside the mainstream. Personalist economics (1) rejects the premises of mainstream economics, and (2) takes exception to certain dominant values of today's culture whereas the mainstream is much more at ease with contemporary Western...
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