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Economic, financial and social commentators from all directions and of various persuasions are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different...
Persistent link: https://www.econbiz.de/10011653508
Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...
Persistent link: https://www.econbiz.de/10011753880
collective trades. The agents perform the trades under the action of their expectations. We model the mutual impact of the … expectations and the trades and derive equations that describe their evolution. To illustrate the benefits of our approach, in a …
Persistent link: https://www.econbiz.de/10013198275
Purpose - In the early 1930s, Nicholas Kaldor could be classified as an Austrian economist. The author reconstructs the intertwined paths of Kaldor and Friedrich A. Hayek to disequilibrium economics through the theoretical deficiencies exposed by the Austrian theory of capital and its...
Persistent link: https://www.econbiz.de/10014418096
Keynesian Economics -- Chapter 3 Scarcity and Generation of Resources -- Chapter 4 The Dual Attributes of Government -- Chapter … 5 Regional Government Competition -- Chapter 6 Modern Market Economy -- Chapter 7 Mature Effective Governments … -- Chapter 8 The Choices of Effective Government and Efficient Market Modes -- Chapter 9 Building Up a New Engine for Global …
Persistent link: https://www.econbiz.de/10012399402
economists of our time. The dominant view in economics is that money and government should play only minor roles in economic life … unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government … economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve …
Persistent link: https://www.econbiz.de/10014479944
Persistent link: https://www.econbiz.de/10012180922
Persistent link: https://www.econbiz.de/10000558413
Persistent link: https://www.econbiz.de/10000446607
This paper examines interconnections between law, politics and the quality of government in Africa. We investigate …-control, government-effectiveness, voice and accountability, political-stability, regulation quality and the rule of law. Findings show … whether African democracies enjoy relatively better government quality compared to their counterparts with more autocratic …
Persistent link: https://www.econbiz.de/10011496387