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The New Comparative Economics
Shleifer, Andrei; Djankov, Simeon; Glaeser, Edward L.; … - School of Management, Yale University - 2003
In recent years, the field of comparative economics refocused on the comparison of capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand the basic...
Persistent link: https://www.econbiz.de/10005587127
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Some system-specific features of capitalism
Kornai, János - In: Közgazdasági Szemle (Economic Review - monthly of the … LV (2008) 5, pp. 377-394
system and post-socialist transition. This study takes the same approach to some general attributes of capitalism. After … clarifying some concepts, the author presents examples of some system-specific features of capitalism, before ad-dressing two of … its protago-nist, the entrepreneur. Only under capitalism can the mechanism of entrepreneurship and innovation emerge …
Persistent link: https://www.econbiz.de/10011124255
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Advantages and Disadvantages of the Holding of Gold Reserves by Central Banks - With Special Reference to the Swiss National Bank
Bernholz, Peter - In: Swiss Journal of Economics and Statistics (SJES) 138 (2002) II, pp. 99-113
It is advantageous for a country like Switzerland to hold part of its central bank reserves in gold, even given a discretionary monetary regime with flexible exchange rates. This in spite of the fact, that the return on gold reserves is usually lower than that on foreign exchange reserves....
Persistent link: https://www.econbiz.de/10005148975
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Frihed mellem fornuft og skepsis
Kurrild-Klitgaard, Peter - Volkswirtschaftliche Fakultät, … - 2012
The paper sketches an argument for a classical liberal view of the "natural rights" of life, liberty, property and the pursuit of happiness, albeit one based in a semi-"rule-utilitarian" approach, where the defense is based in a "hypothetical imperative" and circumscribed by what social science...
Persistent link: https://www.econbiz.de/10011110956
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New imperialism or new capitalism?
Nitzan, Jonathan; Bichler, Shimshon - Volkswirtschaftliche Fakultät, … - 2006
this paper is to address this mismatch. Using a broad brush, we outline a new, power theory of capital and accumulation. We … use this theory to assess the changing meaning of the corporation and the capitalist state, the new ways in which capital … gets accumulated and the specific historical trajectory of twentieth-century capitalism up to the present. …
Persistent link: https://www.econbiz.de/10005621372
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Imitating Capitalism and Democracy at a Distance. Identifying with Images in the Polish Transition
Wydra, H. - European Institute - Political and Social Sciences - 1997
order in 1989 has widely been interpreted as the imitation of capitalism and democracy. This paper conceives of imitation as … that institutions and practices of capitalism and democracy were not the principal models of imitation in the Polish …
Persistent link: https://www.econbiz.de/10005671667
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Neoliberalism: Befall or Respite?
Josifidis, Kosta; Lošonc, Alpar; Supić, Novica - In: Panoeconomicus 57 (2010) 1, pp. 101-117
shareholder-capitalism. The crisis also puts to a test the self-reflection of the economic science which faces certain deficits … and projecting a new modus of capitalism in the following period. Having in mind the openness of the present and the …
Persistent link: https://www.econbiz.de/10008554120
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Why Europe? On comparative long-term growth
Wagener, Hans-Jürgen - In: European Journal of Comparative Economics 6 (2009) 2, pp. 287-323
political economy of institutional change. Classical and neo-classical economic theory and institutional political economy offer …
Persistent link: https://www.econbiz.de/10008480050
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From Riches to Rags or What Went Wrong in Greece
Bitros, George C. - Volkswirtschaftliche Fakultät, … - 2012
The economic and social progress Greece achieved in the early post war decades decelerated after 1974 because all institutions sustaining the effi-cient operation of democracy and free markets were deliberately and gravely eroded. Under the impetus of hard core socialists provisions introduced...
Persistent link: https://www.econbiz.de/10011113513
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"The Rise of Money and Class Society: The Contributions of John F. Henry"
Semenova, Alla; Wray, L. Randall - Levy Economics Institute - 2015
of money via the use of money for public purpose, following the principles of Modern Money Theory (MMT). When used …
Persistent link: https://www.econbiz.de/10011189242