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This essay addresses issues related to the History of Economic Thought, Comparative Economic Analysis, and Institutional Economics alluded to in Mark Perlman's "The Character of Economic Thought, Economic Characters, and Economic Institutions". Specifically, some differences between the strands...
Persistent link: https://www.econbiz.de/10014217655
I describe an assignment for a history of economic thought (HET) course, "The Most Interesting Economist in History," modeled off of the NCAA Men's Basketball Tournament. Students vote in head-to-head matchups between economic writers by era for whom they find to be more "interesting" and...
Persistent link: https://www.econbiz.de/10013242042
One approach to analyzing inequality is to compare average economic choices from a classical theoretical framework. Another approach considers the impact of the formation of society, through statutes and institutions, on average economic outcomes. This paper studies the effects of slavery on...
Persistent link: https://www.econbiz.de/10013038303
The current paper experiments with the conception and analytical model of principle components. The analysis utilizes data of Sudan to test the model fitness and data suitability. All the country's economic sectors are used in the analysis which also integrates high, medium and low income strata...
Persistent link: https://www.econbiz.de/10013107226
Based on binary economic principles, this paper asserts that one widely overlooked way to empower economically poor and working people in market economy is to universalize the right to acquire capital with the earnings of capital. This right is presently largely concentrated, as a practical...
Persistent link: https://www.econbiz.de/10012713204
In this paper we argue that if we want to find a more satisfactory approach to tackling the major socio-economic problems we are facing, we need to thoroughly rethink the basic assumptions of macroeconomics and financial theory. Making minor modifications to the standard models to remove...
Persistent link: https://www.econbiz.de/10013079249
In this paper we review the challenges to the current economic system, and proceed by presenting two competing paradigms- the economistic and the humanistic paradigm of business. We then develop the consequences of the humanistic view for the theory of the firm and the practice of the firm. We...
Persistent link: https://www.econbiz.de/10013094435
Our society is fundamentally changing. These days, almost nothing works without a computer chip. Processing power doubles every 18 months and will exceed the capabilities of human brains in about ten years from now. Some time ago, IBM's Big Blue computer already beat the best chess player....
Persistent link: https://www.econbiz.de/10014148026
We develop an analytical core for sociology. We follow standard dynamical systems theory by first specifying the conditions for social equilibrium, and then study the dynamical principles that govern disequilibrium behavior. Our general social equilibrium model is an expansion of the general...
Persistent link: https://www.econbiz.de/10014151185
The following paper goes into an in-depth analysis of the purpose of a dissertation methodology. Providing what the process entails leaves researchers to evaluate their intentions of receiving a terminal degree and the weight of the assignment. Acknowledging the requirements will make sure...
Persistent link: https://www.econbiz.de/10014264979