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Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...
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This book explores key economic problems and new policies for the global economy of the 21st century. The contributors … reference to the Mexican economy -- 6. Bank's liquidity preference and financial provision -- 7. Racial/ethnic disparity and … the new economy -- 10. Full employment policies must consider effective demand and structural and technological change : a …
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The authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who...
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