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approach and the one based on traditional economic theory have been found inadequate mainly because they did not take into …
Persistent link: https://www.econbiz.de/10010747056
The principal topic of this article is the creation of money in primitive populations at the beginning of economic activity. This phenomenon was determined thanks to a particular social environment where interpersonal trust together with reciprocity and moral principles were prevalent. No other...
Persistent link: https://www.econbiz.de/10010904943
After sixty years of predominance in the western countries, both the objective of economic growth and its core measure, the Gross Domestic Product (GDP), have been questioned. It no longer seems consistent to maintain growth as a societal goal and to keep GDP as the major reference for...
Persistent link: https://www.econbiz.de/10008505493
The paper discusses the possibility of behavioural change in accordance with the objectives of sustainable development considering the human behaviour through the needs. Using the concepts of fundamental human needs and satisfiers of Manfred Max-Neef, the attempt was made to determine the...
Persistent link: https://www.econbiz.de/10011111393
This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The role of government as both regulator of private...
Persistent link: https://www.econbiz.de/10008854453
Theory (MMT). In the MMT approach, the state (or any other authority able to impose an obligation) imposes a liability in the …
Persistent link: https://www.econbiz.de/10010754647
which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … that view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date. …
Persistent link: https://www.econbiz.de/10008868035
used to show similarities between the two crises. K.W. Kapp's "social costs" theory is contrasted with the recently …-provides the basis for developing an approach that puts money and finance front and center. Including the theory of social costs …
Persistent link: https://www.econbiz.de/10008876439
Mentality is defined as an assembly of manners of acting or thinking about someone or something. Related to the history of mentalities in the 19th century the core elements were the building of the nation and the constitutional law and only at the beginning of the 20th century the economic...
Persistent link: https://www.econbiz.de/10005800706
In Islamic tradition two sets of works – al-hisbah and al-siyasah al-shar‛iyah – appeared that proved to be a rich source of economic thought of past Muslim thinkers. Works related to al-hisbah generally discussed socio-economic control, moral and market supervision, prevention of...
Persistent link: https://www.econbiz.de/10008527372