Showing 1 - 10 of 534
Dieser Aufsatz reflektiert das Verständnis von Mensch und Natur, welches dem Denken von Malthus zugrunde liegt und kontrastiert es mit dem völlig anderen Verständnis seines Zeitgenossen William Wordsworth. Wir zeigen, dass die ökonomischen Überlegungen beider entscheidend durch diese...
Persistent link: https://www.econbiz.de/10003245533
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10003245576
Given the renewed interest in negative interest rates as method for removing the floor to nominal interest rates, this article offers a concise review of Gesell's life, work and its place in the history of economic thought. It provides a brief biographical sketch of Gesell, demonstrating both...
Persistent link: https://www.econbiz.de/10009356096
The first attempt in the human history to consciously create money ended in a collapse in 1720, well-known as the money … mania. This unfortunate start raises doubt on money creation as a whole such that today there are still voices questioning … created money even though it is now indispensible for the world economy. But this misfortune also has the bright side in that …
Persistent link: https://www.econbiz.de/10011927951
The European Fiscal Compact (FC) entered into force by 1 January, 2013 in 25 EU Member States. With the ratification the signatory countries commit significant parts of their budget to the European Commission and the European Court of Justice, which indicates a shift of power from legislative to...
Persistent link: https://www.econbiz.de/10012000586
The paper compares neoliberal market-fundamentalism and right-wing populism on the basis of its core patterns of thinking and reasoning. Hence we offer an analysis of the work of important founders of market-fundamental economic thinking (particularly von Mises) and an established definition of...
Persistent link: https://www.econbiz.de/10012000588
Using digitized texts scanned by Google and subjected to optical character recognition, I show that heteroskedasticity overtook heteroscedasticity as the preferred spelling in 2001 and has continued to dominate, except for 2005, up to 2008. The latest trends indicate that writers are moving...
Persistent link: https://www.econbiz.de/10009581001
The current COVID-19 pandemic has attracted significant attention from epidemiologists and economists alike. This differs from the 1918-19 Spanish Influenza pandemic, when academic economists hardly paid attention to its economic features, despite its very high mortality toll. We examine the...
Persistent link: https://www.econbiz.de/10012436091
Orthodox and heterodox theories of financial crises are hereby compared from a theoretical viewpoint, with emphasis on their genesis. The former view (represented by the fourthgeneration models of Paul Krugman) reflects the neoclassical vision whereby turbulence is an exception; the latter...
Persistent link: https://www.econbiz.de/10009380295
This paper argues that a hierarchy of ideals exists in market interactions that sets the benchmark on the norm of fairness associated with these interactions, thus affecting pricing decisions associated with market exchange. As norms emerge, an ideal determines the criteria of optimal behavior...
Persistent link: https://www.econbiz.de/10010202248