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One of the basic premises of societies and economies is the capability of humans to understand and judge the aims and motivations of others. We are continuously observing the facial expressions of our fellows. We keep watching and try to understand the undercurrents of important events for us....
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It is our natural inclination to find stable patterns and meaning in the chaotic world around us. This assists in our efforts to understand the past and forecast the future. The starting point of this essay is the phrase "dismal science" which is an often used 'epitheton ornans' of economics....
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It is our natural inclination to find stable patterns and meaning in the chaotic world around us. This assists in our efforts to understand the past and forecast the future. The starting point of this essay is the phrase "dismal science" which is an often used 'epitheton ornans' of economics....
Persistent link: https://www.econbiz.de/10011300247
One of the basic premises of societies and economies is the capability of humans to understand and judge the aims and motivations of others. We are continuously observing the facial expressions of our fellows. We keep watching and try to understand the undercurrents of important events for us....
Persistent link: https://www.econbiz.de/10011537674
, institutions have a greater influence on cryptocurrency trading. Corruption control, government stability, socioeconomic conditions … have a positive impact. On the other hand, in countries with higher financial literacy, the influence of institutions is … account, such as financial knowledge. …
Persistent link: https://www.econbiz.de/10015047739
Elias Khalil's "Information, Knowledge and the Close of Friedrich Hayek's System," argues that an internal … contradiction exists within Hayek's political economy relating to his use of information and knowledge. As a result, Khalil argues … economy which seeks to identify "robust" institutions as opposed to ideal institutions. …
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