Is the economic and financial crisis also a crisis of Economics? From different perspectives, today there is rather harsh criticism of Economics as a Social Science. In this paper, first, some of the recent failures of Economics are discussed. Then some of the criticisms are taken up that are...

Is the economic and financial crisis also a crisis of Economics? From different perspectives, today there is rather harsh criticism of Economics as a Social Science. In this paper, first, some of the recent failures of Economics are discussed. Then some of the criticisms are taken up that are...

The Cyprus crisis is one of the most complex in the Eurozone - although in absolute terms it is a minor crisis. An analysis of the ongoing developments from different perspectives leads to the conclusion that we are witnessing a perfect storm of a financial crisis at the confluence of sovereign...

Recognizing that human rationality has bounds that are unequal across individuals entails treating it as a special scarce resource, tied to individuals and used for deciding on its own uses. This causes a meta-mathematical difficulty to the axiomatic theories of human capital and resource...

In this article, we lay out the basic case for wellbeing as the goal of government. We briefly review the history of this idea, which goes back to the ancient Greeks and was the acknowledged ideal of the Enlightenment. We then discuss possible measures on which a wellbeing orientation could be...

Die Arbeit geht zunächst auf die Herausforderungen der Makroökonomischen Theorie durch die Finanz- und Wirtschaftskrise ein, bevor die finanzpolitischenMöglichkeiten der Schweiz diskutiert werden, mit denen dieser Krise bzw. ihren Auswirkungen begegnet werden kann. Es zeigt sich, dass die...

U.S. public and private debt is traced to the decision of the First Congress in 1790 to borrow the new nation's money supply. This established a debt imperative that requires debt to grow by compounding interest. When debt fails to grow enough, the economy goes into various degrees of recession....

This Article examines the scope of Sorrell v. IMS Health, its potential impact on legislative efforts to enact comprehensive consumer privacy legislation, and its implications for targeted Internet advertising. Part I provides a general overview of ad-targeting technology, emphasizing the...

Bağımsızlıklarını kazanır kazanmaz Postsovyet ülkeleri başta özelleştirme gelmekle reform çalışmalarına başladılar. Dünya özelleştirme pratiğinin bu ülkelere böyle geç gelmesinin tek sebebi, devlet mülkiyetinin ağırlık kazandığı planlı ekonominin hakim...