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Futurama. Business Forecasting and the Dynamics of Capitalism in the Interwar Period

Lenel, Laetitia - 2018

The recognition of the key importance of economic stability after World War I sparked interest in business forecasting on both sides of the Atlantic. This article explores the creation and the rapid international and domestic dissemination of the Harvard Index of General Business Conditions in...

Persistent link: https://www.econbiz.de/10012263130

Money illusion reconsidered in the light of cognitive science

Vincze, János - 2017

A basic principle of economics is that people always prefer a larger set of opportunities. Money illusion can be … taking a view of human decision-making based on certain strands of cognitive psychology one can reinterpret the evidence for …

Persistent link: https://www.econbiz.de/10012290243

Die narrative Krise der (Wirtschafts-)Wissenschaft und ihre Bedeutung in der globalen Umweltpolitik

Heller, Hannah - 2020

(Wirtschafts-)wissenschaftliches Wissen wird durch narratives Wissen legitimiert. In der Moderne haben sich jedoch monetäre Vergesellschaftungs- und Denkformen herausgebildet, mit denen ein antagonistisches Mensch-Natur-Verhältnis einhergeht. Als Metanarrative sind sie in gesellschaftlichen...

Persistent link: https://www.econbiz.de/10012384091

Why Was Keynes Not Awarded the Nobel Peace Prize After Writing "The Economic Consequences of the Peace"?

Jonung, Lars - 2021

John Maynard Keynes became world famous with the publication of The Economic Consequences of the Peace in 1919, a harsh critique of the Versailles peace treaty. As a consequence, Keynes was nominated by German professors in economics for the Nobel Peace Prize three years in a row, 1922, 1923 and...

Persistent link: https://www.econbiz.de/10013208895

The Problems of Inflation Targeting Originate in the Monetary Theory of Knut Wicksell

Jonung, Lars - 2022

his groundbreaking treatise, Interest and Prices, published originally in German in 1898. Here he proposed price stability … across the world. It has contributed to stable and low consumer price inflation since the 1990s in many countries. However …, inflation targeting has recently been the subject of several objections. Most prominently, the focus on consumer price stability …

Persistent link: https://www.econbiz.de/10013208918

Georg Friedrich Knapp und die Modern Monetary Theory

Greitens, Jan - In: Wirtschaftsdienst 102 (2022) 3, pp. 193-198

Aus Anlass der Wiederveröffentlichung des Sonderhefts "Georg Friedrich Knapp - ein literarisches Bildnis" im Wirtschaftsdienst zum 80. Geburtstag von Knapp vor genau 100 Jahren wird der Versuch unternommen, Person und Werk des Wissenschaftlers aus heutiger Sicht zu würdigen und die aktuelle...

Persistent link: https://www.econbiz.de/10013343058

In a world with many targets, one-dimensional target indicators will always be bypassed

Wagner, Gert G. - 2021

It is striking that economists in particular firmly believe in the benefits of rule-binding, even though this belief runs counter to the standard assumption of economic theory that we humans are self-interested and therefore extremely resourceful when it comes to circumventing inconvenient...

Persistent link: https://www.econbiz.de/10012745504

Stabilization policy: A turbulent journey through time

Landmann, Oliver - 2022

The theory and practice of stabilization policy has taken many turns as it evolved over the past century, oscillating between high hopes and deep skepticism regarding the capacity - and desirability - of governments taking responsibility for macroeconomic stability. This paper reviews the...

Persistent link: https://www.econbiz.de/10013464620

Strong user rights in fisheries: Delineating the impacts

Runolfsson, Birgir - 2022

User rights in fisheries refer to the rights of fishers to harvest from fish resources. In terms of security, exclusivity, duration, and transferability these rights can be strong or weak. In recent years there has been a substantial movement toward stronger user rights in many fisheries around...

Persistent link: https://www.econbiz.de/10014306521

Humanizing the economy

Blazevic, Branko - In: UTMS Journal of Economics 10 (2019) 1, pp. 1-21

The arguments that the economy gives us through its great imbalances, crises and wild cycles result in the dehumanization of the society and the human. This paper deals with counter-measures, i.e. with the analysis of the reasons that are in favour of the humanization of the economy, from which...

Persistent link: https://www.econbiz.de/10014465736