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Persistent link: https://www.econbiz.de/10005446569
Given the emphasis on social provisioning in heterodox economics, two of its central theoretical organizing principles are the concepts of the total social product and the social surplus. This appears to link heterodox economics to the social surplus approach associated with the classical...
Persistent link: https://www.econbiz.de/10010602563
There have been many neoliberal education reforms around the world. At the bottom line, those reforms are intended to modify the education system based upon market principles. Reviewing and contrasting various perspectives on education (Adam Smith, Marxists, Veblen, Dewey, and neoclassicists), I...
Persistent link: https://www.econbiz.de/10010622507
Given the emphasis on social provisioning in heterodox economics, two of its central theoretical organizing principles are the concepts of the total social product and the social surplus. This appears to link heterodox economics to the social surplus approach associated with the classical...
Persistent link: https://www.econbiz.de/10008777383
Heterodox economists long complained about having no systematic alternative to neoclassical production and cost theory. This paper deals with this complaint. That is, it presents a theory of production and costs of the business enterprise that is a complete alternative to the neoclassical theory...
Persistent link: https://www.econbiz.de/10008777399
Persistent link: https://www.econbiz.de/10008674756
The radical difference between orthodox and heterodox economics emanates from the different views of the capitalist socio-economic system. Economics as the science of social provisioning felicitously describes the heterodox view that economy is part of the evolving social order; social agency is...
Persistent link: https://www.econbiz.de/10008871174
Though the worst of the financial crisis of 2008 has, with hope, ebbed, it has forever changed the economy in the United States and throughout the rest of the world. Using the financial and economic crisis as a catalyst, this volume examines how to better regulate the financial system and what...
Persistent link: https://www.econbiz.de/10011170954
Though the worst of the financial crisis of 2008 has, with hope, ebbed, it has forever changed the economy in the United States and throughout the rest of the world. Using the financial and economic crisis as a catalyst, this volume examines how to better regulate the financial system and what...
Persistent link: https://www.econbiz.de/10011174254
The business enterprise in the real world wrestles with fundamental uncertainty and instability. Key enterprise decisions such as pricing, financing, and investment are thus made strategically rather than optimally. Heterodox economists are, however, divided in the account of business...
Persistent link: https://www.econbiz.de/10011110282