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The paper first reveals the relevance of ecological economics in the time of a triple crisis—ecological, social and economic—and promotes it as a distinct paradigm comprised of two interconnected and interdependent aspects: the qualitative framework within which it operates; and the...
Persistent link: https://www.econbiz.de/10010969957
This paper consists of a critical analysis of the British school of market socialism and a discussion of participatory planning as an alternative model for a socialist economy. It concludes that market socialism's claim to combine efficiency with socialist objectives is incoherent and that,...
Persistent link: https://www.econbiz.de/10010803333
Persistent link: https://www.econbiz.de/10008783058
The aim of this paper is to further the understanding of the relationship between entrepreneurial success and organisational form. The role of entrepreneurship in the neoclassical, Austrian and competence theory approaches is analysed and five recurring themes are identified: the tacit nature of...
Persistent link: https://www.econbiz.de/10005269593
This paper summarizes the standard account of the economic calculation debate, the modern Austrian reinterpretation of the debate based on the centrality of tacit knowledge and discovery, and a neglected third strand in the historical debate, Dobb's insistence on the uncertainty associated with...
Persistent link: https://www.econbiz.de/10005554426