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about how business contributes to society. Good firms bring innovation to the marketplace, which facilitates their growth … while delivering important benefits to society. Steady economic growth generated through innovation plays a major role in … goods and services to consumers, particularly those at the base of the pyramid. Through innovation and growth firms can do …
Persistent link: https://www.econbiz.de/10013017621
Persistent link: https://www.econbiz.de/10011603092
The origins of national accounting can be traced back to the 17th century. However, modern national accounts have largely developed since the late 1940s, although some initial forays commenced a couple of decades earlier. The three most important standards for the economic accounts are those for...
Persistent link: https://www.econbiz.de/10012040260
Starting from the mid-nineteenth century, this paper analyzes two periods of financial instability connected with financial globalization. The first culminates with the 1929 crisis, while the second characterizes the more recent experience starting from the 1970s. The period in between is...
Persistent link: https://www.econbiz.de/10012842099
Debt overhang of the non-financial private sector has been one of the main reasons for the ongoing global stagnation, and recent data released by the International Monetary Fund, International Institute of Finance, United Nations Conference on Trade and Development and others indicate that debt...
Persistent link: https://www.econbiz.de/10012846595
I argue that economists have reasons internal to the way that evidence works in the sciences to re-discover the importance of the history of their own discipline. For it is a constitutive element of science - here conceived as an ongoing research practice (as opposed to as an explanatory...
Persistent link: https://www.econbiz.de/10012733284
In this paper we select the most relevant parts of the applicable rulings to the recent judicial saga of the Argentine sovereign debt in default to show the radical changes took by the United States courts that were in charge of the cases, including the latest case dated December 22, 2016. The...
Persistent link: https://www.econbiz.de/10012977007
Many writers -- most famously F. A. Hayek and Milton Friedman -- have posited a relationship between, on one hand, economic freedom and, on the other, political freedom and/or civil liberties. Despite sustained interest, this relationship has been the subject of relatively little empirical...
Persistent link: https://www.econbiz.de/10013009962
Economics has never been, nor could it ever be, free of value judgments. The economy is not isolated from the rest of society, cordoned off from the lively world of competing beliefs and values. Rather, questions of the organization of the economy, and of the economic policies to be pursued, are...
Persistent link: https://www.econbiz.de/10014151000
Starting from the mid-nineteenth century, this paper analyzes two periods of financial instability connected with financial globalization. The first culminates with the 1929 crisis, while the second characterizes the more recent experience starting from the 1970s. The period in between is...
Persistent link: https://www.econbiz.de/10012165419