Ever since, metropolitan areas have seen a resurgence of the city as a hub for exchange of ideas, social transformation and innovation. Since the ages of industrialization and globalization, cities flourished in terms of economic growth and societal advancement. The 2020 COVID-19 crisis may set...

Traditional economic growth theories considered capital and labor as essential growth factors for every economy. Exogenous growth theory is centered on exogenous shocks – like new technology innovations or natural crises, such as pandemics – as major drivers or downturns of economic growth...

The Green New Deal (GND) serves as market solution to implement global environmental governance as “the sum of the many ways individuals and institutions, public and private, manage their common affairs.” This paper discusses the historical foundations, underlying economic mechanisms of the...

Behavioral Economics revolutionized mainstream neo-classical economics. A wide range of psychological, economic and sociological laboratory and field experiments proved human beings deviating from rational choices as standard neo-classical profit maximization axioms failed to explain how human...

Financial social responsibility (FSR) bridges the financial world with society in socially responsible investment (SRI). In socially conscientious screenings, shareholder advocacy, community investing and social venture capital funding, private investors choose SRI for efficiency and long-term...

In the wake of historical and political events, stakeholder pressure can trigger shareholders to divest from politically incorrect markets with the goal of accomplishing socio-political change. As a comparative study, this paper reviews political divestiture to provide a theoretical framework...

Today enormous data storage capacities and computational power in the e-big data era have created unforeseen opportunities for big data hoarding corporations to reap hidden benefits from individual's information sharing, which occurs bit by bit in small tranches over time. This paper presents...

Artificial Intelligence (AI) poses historically unique challenges for humankind. In a world, where there is a currently ongoing blend between human beings and artificial intelligence, the emerging autonomy of AI holds unique potentials of eternal life. With AI being endowed with quasi-human...

What is the optimal temperature finance gravitates towards? While we have empirical evidence for the optimal cardinal temperature for GDP production and international development links external climate conditions to levels of societal development, no literature exists on climate induced-finance...