Showing 1 - 10 of 32,320
Presents a critical analysis of Hayek in the light of modern computability and economic computability theory.
Persistent link: https://www.econbiz.de/10005616570
Persistent link: https://www.econbiz.de/10003978850
Persistent link: https://www.econbiz.de/10009955871
The article reviews the idea of calculation in kind. It is argued that Kantorovich and subsequent mathematicians essentially validated the idea of in-kind calculation. This has not been evident because Kantorovich nowhere deals with the Austrian school and they for their part have ignored him....
Persistent link: https://www.econbiz.de/10014363088
Persistent link: https://www.econbiz.de/10000339942
Persistent link: https://www.econbiz.de/10003776961
Persistent link: https://www.econbiz.de/10008904930
Persistent link: https://www.econbiz.de/10003956189
Persistent link: https://www.econbiz.de/10003675311
The article attempts of apply econophysics concepts to the Eurozone crisis. It starts by examining the idea of conservation laws as applied to market economies. It formulates a measure of financial entropy and gives numerical simulations indicating that this tends to rise. We discuss an analogue...
Persistent link: https://www.econbiz.de/10009765654