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Formulating a model which summarises transportation costs, uncertainty and price, we describe how a switch to ICT …
Persistent link: https://www.econbiz.de/10010265246
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In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10011422113
Using Adam Smith's notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O'Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier's main thesis and...
Persistent link: https://www.econbiz.de/10014321720
Ákos Navratil (1875-1952) is an outstanding theoretical economist from the first half of the 20th century. A selection of his works was published as volume 8 in the series Classics in Hungarian Economics (Old truths and new theories in economics by Ákos Navratil, (int., ed. by M. Hild)). The...
Persistent link: https://www.econbiz.de/10010494387
This book considers the relationship between Hayek and Mill, taking issues with Hayek's criticism of Mill and providing a broader perspective of the liberal tradition. Featuring contributions from the likes of Ross Emmett, Leon Montes and Robert Garnett, these chapters ask whether Hayek had an...
Persistent link: https://www.econbiz.de/10011902028
reversing, price and quantity Wicksell effects, etc., are all rooted in this fact. It is argued that the rate of profits is not …
Persistent link: https://www.econbiz.de/10014363387
This paper provides estimates of price-marginal cost ratios or markups for 50 sectors in 8 euro area countries and the …
Persistent link: https://www.econbiz.de/10011604902
and price measures are lacking as an important toolkit for economic analysis and forecasting, notably in the case of gross … value added. This paper introduces a methodology to estimate sectoral price and volume measures for euro area value added at …
Persistent link: https://www.econbiz.de/10011606348