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Persistent link: https://www.econbiz.de/10005674343
Using information collected from American Economic Review publications of the last 100 years, we try to provide answers to various questions: Which are the top AER publishing institutions and countries? Which are the top AER papers based on citation success? How frequently is someone able to...
Persistent link: https://www.econbiz.de/10012168372
In their 1963 classic Scarcity and Growth Howard Barnett and Chandler Morse argued that resource scarcity did not threaten economic growth. A second investigation in the late 1970s, Scarcity and Growth Reconsidered, reached largely the same conclusion. The 25 years since that work was published...
Persistent link: https://www.econbiz.de/10009445434
Anglo-American and Hungarian economic historians follow different semantic patterns describing the same subjects. While the authors writing in English use three distinct terms to signify business history, entrepreneurship and the theory of the firm, the corresponding Hungarian words share a...
Persistent link: https://www.econbiz.de/10011516987
The paper sketches a coherent history of the choice of the measure standard from Adam Smith's Wealth of Nations to Sraffa's Production of Commodities. As neither the Smithian labour commanded unit nor the Ricardian-Marxian labour embodied one provide a general solution to the dilemma concerning...
Persistent link: https://www.econbiz.de/10012157021
This paper provides a comparison between Adam Smith and David Ricardo’s treatments of poverty in a capitalist society. The comparison focus on the different arguments they use to relate poverty to inequality and institutional realities. The discussion points out the life experiences of each...
Persistent link: https://www.econbiz.de/10005817055
some factors grant innovators with a temporary monopoly. Patenting is the most cited factor in the economic literature. This survey concentrates on another factor that confers innovators with firstmover advantage over their competitors, namely consumer switching costs, whereby a consumer makes...
Persistent link: https://www.econbiz.de/10010756486
In this paper, we provide some reflections on the development of monetary theory and monetary policy over the last 150 years. Rather than presenting an encompassing overview, which would be overambitious, we simply concentrate on a few selected aspects that we view as milestones in the...
Persistent link: https://www.econbiz.de/10010907920
A synthesis of the literature on the relations among monetary aggregates, financial development and economic growth is presented. While recent literature has been dominated by neoclassical thinking, the monetary framework that does not limit the channel of effect of policy factors on economic...
Persistent link: https://www.econbiz.de/10010991474
Persistent link: https://www.econbiz.de/10011434769