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This essay tests Milton Friedman’s conjecture that capitalism is a necessary condition for political freedom. For the decade around 2000 indices of the degree of capitalism and the degree of political freedom are highly correlated and provide plausibility for Friedman’s conjecture. In...
Persistent link: https://www.econbiz.de/10014197318
This guide gives tips on how to do (quantitative) research and on how to write it up. These insights seem to hold throughout all (social) sciences. I illustrate them using examples from finance and economics. My main goal is to save budding researchers time by preventing them from doing bad...
Persistent link: https://www.econbiz.de/10013029920
This guide gives tips on how to do (quantitative) research and on how to write it up. These insights seem to hold throughout all (social) sciences. I illustrate them using examples from finance and economics. My main goal is to save budding researchers time by preventing them from doing bad...
Persistent link: https://www.econbiz.de/10013031344
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a … greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into …
Persistent link: https://www.econbiz.de/10011545297
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a …
Persistent link: https://www.econbiz.de/10011335945
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a …
Persistent link: https://www.econbiz.de/10010517057
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular … economy, was financing itself. At the same time, the capital development of the economy suffered perceptibly. If we apply a … greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into …
Persistent link: https://www.econbiz.de/10010530034
Persistent link: https://www.econbiz.de/10013023068
approach here is to emphasize simplicity. A straightforward model and algebraic formula for a large economy analogous to the … deflation are analyzed for interrelations. Analogies of the economy to an ecosystem or energy system are advanced. The …
Persistent link: https://www.econbiz.de/10005126382
The Soviet Union and the nations of Eastern Europe are undergoing a historically unprecedented restructuring as they move inexorably from centrally planned economies toward market economies. This historic transition must be guided by a coherent set of stabilization policies to reduce the threat...
Persistent link: https://www.econbiz.de/10005118685