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This paper forges links between a dynamic theory of markets and the reality of long term market changes. Goods are seen as being linked to the range of actions which they make possible. Thus it can be shown that the evolution of markets is closely connected with changing knowledge and property...
Persistent link: https://www.econbiz.de/10005616514
Today's theorizing about economic policy is still dominated by a method of analysis that can be refered to as "instrumentalistic-technological". Especially typical for that method is the complete abstraction from cognitive-evolutionary aspects of economic-policy interaction. However, including...
Persistent link: https://www.econbiz.de/10005786090
This contribution analyses the economic characteristics of the South Korean and the Brazilian economies and attributes them to two fundamentally opposed orientations. South Korea's economic policy can be described as "evolutionary". This refers to the combination of a liberal economic framework...
Persistent link: https://www.econbiz.de/10005786092