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This paper tries to address the problem of donator?s efficiency. In spite of the fact, that social services and public goods are not fully determined by market forces, they are not beyond the subject of economics. The state or other donator can allocate grants among recipients either efficiently...
Persistent link: https://www.econbiz.de/10008495577
The paper deals with the theoretical and practical aspects of the taxation of labor and capital in the Czech Republic. The authors show that if the low flexibility of Czech labor is taken into account, progressive taxation could stimulate a higher supply of labor than would a linear tax. The...
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The purpose of this model is to measure the impact of localization of new (mostly industrial) enterprises in strategic industrial zone in regional economy. Model deals with multiplication effect of regional consumption expenditures, which is (among others) strongly affecting development of...
Persistent link: https://www.econbiz.de/10005036563
English Abstract: The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement … and an alternative to the mainstream theory. In the first and the second sections, the author explains the main influences … of Ludwig von Mises and Friedrich August von Hayek's works on entrepreneurial theory. Section three analyzes pure …
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