It is well known fact that all good things, as also bad things, come to an end and business cycles pass through good and bad economic times. Economically 2010 was a year of transition from economic recession to recovery. Economies were improving in some countries and industries were showing...

A weather beaten economy has become a wake up call. The International Energy Agency predicts that carbon emissions will rise 130 percent and oil demand will rise 70 percent by 2050. A sound energy policy that addresses climate change relies upon widespread transfer and implementation of...

This paper develops a classical-Marxian macroeconomic model to examine the growth and distributional consequences of education. First, the role of education in skill formation is considered and it is shown that an expansion in education will promote growth and have beneficial distributional...

Aim: The major aim of the current essay is to argue that neoliberal capitalism, by virtue of its core tenets, has significantly increased the risk of disease outbreaks like SARS-Covid-2. Conclusion/Finding: The dominant socio-political-economic system across the industrialized world is...

Dieser Beitrag setzt sich mit dem Verhältnis von Schattenwirtschaft und Korruption auseinander. Es wird insbesondere die Frage untersucht, welche Rolle die Schattenwirtschaft in korrupten Ökonomien spielt. Die Schattenwirtschaft begrenzt letztendlich die Macht korrupter Institutionen, indem...

The purpose of the present paper is to describe the role of uncertainty and technical change in an environmental context. Which impact does ecological uncertainty have on physical and R&D investments' decisions? How are pollution trajectories modified when uncertainty is taken into account? To...