tends to be long lasting and associated with significant effects on current accounts, wages and investment. Adjustment … leverage. The adjustment is generally achieved by reducing investment and increasing savings on the back of a falling wage …

Streissler considers Roscher′s theory of crisis to be highly original and important. Schumpeter, on the other hand … economists before Roscher on the issues of the general glut controversy. Ends with a closer inspection of Roscher′s own theory of …

argument that there is a connection between private property rights and the performance and prosperity of capitalism, de … situation where, in the final analysis, the original foundation of most rights to property and wealth would hardly survive the …

A simple neo‐classical theory of the demand for capital goods service is presented to clarify the relationship between … regarding stagnant investment is explained within the framework of neo‐classical theory.  … the marginal productivity of capital and Keynes′s concept of the marginal efficiency of capital. How the latter concept is …

Abstract Many people consider Adam Smith the first economist to describe the functioning of capitalism. In fact, Smith … must be considered less the discoverer of capitalism, but rather as its inventor. The economic laws Smith formulated are …

Purpose – The purpose of this paper is to measure the contribution of capital formation, labor, and technological … rates of returns to capital and labor. Design/methodologyapproach – Cobb‐Douglas production functions are built for Vietnam … source of economic growth is capital accumulation, accounting for between 84 percent and 89 percent of Vietnamese economic …

personal‐, organizational‐ and social‐level KM. Social‐level KBD is referred to economic growth theory in search of a complete …, consistent, systematic and inclusive framework for global development. Enter capital systems, a KM framework aiming to satisfy … those criteria at the organizational level. The capital systems approach, originally developed as a solution to some …