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Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from …, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in … paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics …
Persistent link: https://www.econbiz.de/10012431178
Developing Strategies for Islamic Banks to Face the Future Challenges of Financial Globalization Ahmed Al-Ajlouni Abstract This study aims at forming strategic response to assess the ability of Islamic banks in benefiting from the opportunities that may be provided by financial globalization and...
Persistent link: https://www.econbiz.de/10005836016
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The current crisis has triggered significant debate concerning economic theory and policy. Largely absent from this debate is an informed discussion of the methods used by economists in analysing the economy and formulating their proposals. But method matters. Here I argue that current academic...
Persistent link: https://www.econbiz.de/10013152281
Most economists take it for granted that a price mechanism is usually the most effective means of resource allocation. This paper compares two methods of allocating resources in the thoroughbred racing market: a price mechanism and bureaucratic restrictions. It is shown that a simple price...
Persistent link: https://www.econbiz.de/10012786653
Most economists take it for granted that a price mechanism is usually the most effective means of resource allocation. This paper compares two methods of allocating resources in the thoroughbred racing market: a price mechanism and bureaucratic restrictions. It is shown that a simple price...
Persistent link: https://www.econbiz.de/10012740121
Comparative political economy offers a wealth of hypotheses connecting decentralization to improved public service delivery. In recent years, influential formal and experimental work has begun to question the underlying theory and empirical analyses of previous findings. At the same time, many...
Persistent link: https://www.econbiz.de/10011258895
In sum, in these essays I explore the self-similarity between levels, the fractal structure of reality, through an investigation of an inherent and unavoidable uncertainty which is unique to each level. These essays will demonstrate that as each level struggles to resolve its own inherent...
Persistent link: https://www.econbiz.de/10011260442
This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...
Persistent link: https://www.econbiz.de/10011265335