This is a theoretical research paper that aims to make the case for the major cultural evolution underlying the transition from industrial to knowledge societies. The approach followed consists of a theoretical analysis of the redefinition of production factors as well as the output variables to...

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

This is a theoretical research paper that aims to make the case for the major cultural evolution underlying the transition from industrial to knowledge societies. The approach followed consists of a theoretical analysis of the redefinition of production factors as well as the output variables to...