This paper proposes that the global financial and economic crisis has a single cause underlying all other causes. The single cause is attributed to the economic paradigm which drives individual behaviour, business, government and education. We define the economic paradigm and explain its power...

In order to function, higher education has to rely on the sectarian individualism of academics who seek wider intellectual and social reputation as a substitute for the private distribution of residuals. This frames governance as a positive sum game, and makes collective action possible. Since...

Finance students can experience real-world challenges and enhance their learning by running an investment fund. However, most of the student-managed funds that currently exist are relatively large, equity-focused portfolios; few funds concentrate on debt, since fixed-income investing usually...

The present paper, following the philosophical work of Robert Nozick, intends to develop the approach of simplicity in the economic investigation. This purpose contributes to structure a heuristic for projects of investigation that can serve like mark of discussion of grade projects in the...

One of the great ironies of the financial meltdown of 2008 – which was really more of a values meltdown – is that very few U.S. laws were actually broken. This paper investigates the financial crisis from a different legal perspective – that of Jewish law, using six framing principles:...

Analyses why we have a globalised economy that is so volatile and vulnerable, at the same time as it increases the gap between rich and poor, as well as producing such huge negative impacts on the environment. Also proposes a comprehensive plan for creating the right sort of globalised economy

Accepted wisdom, assuming capital market equilibrium and low cash returns, advises investors to hold optimal portfolios containing little cash. But credit crunches - periods of non-price credit rationing when effective cash yields are very high - happen in the real world. Because of this, it is...

The consensus of studies of undergraduate principles of economics is that the online format is inferior to the traditional lecture format. However in the handful of studies of principles taught at the MBA level the evidence tilts to the conclusion of no significant difference. This study...

In this paper we describe how we used Facebook as a complementary tool to our LMS. We collected data on student usage and surveyed student opinion in several online/blended sections. Our hypothesis is that our empirical analysis will find a positive correlation between student usage of Facebook...

At many large universities it is conventional to deliver undergraduate introductory economics courses in a large lecture hall. However, not surprisingly, casual empiricism suggests that rates of student absenteeism are significantly greater in a large lecture format than in a smaller classroom...