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The structure of the optimal order should be found by scientific analysis. State of the art shifts over time. Marx's scientific socialism was based on science a century ago; it must be adapted accordingly. Laissez lave was based on too simple assumptions. Collective goods and marginal welfare...
Persistent link: https://www.econbiz.de/10010539605
The purpose of this paper is to bridge a communication gap between economists and public opinion. It is the author's answer to a stubborn misunderstanding. He shows why in the early phases of development concentration on labour-intensive activities maximizes national product and, consequently,...
Persistent link: https://www.econbiz.de/10010539616
The purpose of this paper is to bridge a communication gap between economists and public opinion. It is the author's answer to a stubborn misunderstanding. He shows why in the early phases of development concentration on labour-intensive activities maximizes national product and, consequently,...
Persistent link: https://www.econbiz.de/10010539913