Binding liquidity constraints is a commonly cited explanation for the empirical failure of the standard life-cycle permanent income hypothesis. The down payment required for a mortgage loan is a well defined liquidity constraint and an average household faces this limitation at some point in...

Prerecorded music is a $12 billion industry in the United States and nearly \$40 billion worldwide. To date, very little economic research has been done to define and explain those factors that are responsible for this multi-billion-dollar industry. The focus of this research is to develop an...

Purpose – The purpose of this paper is to provide an introduction to the International Journal of Organizational Analysis special issue, “Shaping our unscripted future with service-learning: when technology, globalism, and community engagement collide.” Design/methodology/approach – The...

Market based policies are fast becoming the recommended policy panacea for all the world's environmental problems. Implicit in such recommendations is the theory that free markets, adjusted for externalities, can always create an "efficient" allocation of society's resources. As a result, many...

xvi, 411 p. : ill., maps. A print copy of this thesis is available through the UO Libraries. Search the library catalog for the location and call number.

xi, 87 p. : ill. A print copy of this thesis is available through the UO Libraries. Search the library catalog for the location and call number.

x, 132 p. : ill. A print copy of this thesis is available through the UO Libraries. Search the library catalog for the location and call number.

This paper highlights the special nature of Schumpeter's distinction between statics and dynamics suggesting that the latter is closely connected by Schumpeter with uncertainty and the central role of innovation in economic development under capitalism. I discuss the relationship between...

Economics is viewed as a discipline that is mainly concerned with 'simplistic' theorizing, centered upon constrained optimization. As such, it is ahistorical and outcome focused, ie, it does not deal with economic processes. It is argued that all parts of the economy are inhabited by complex...

Economics is the study of choices, and how they are made compatible. The issue of global warming can be viewed in the context of a set of choices that lead to climate change. In a free society choices are made compatible via the price system. If prices do not reflect the true cost of carbon,...