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Austrian economist Ludwig Mises's central role in the socialist calculation debates has been consensually acknowledged since the early 1920s. Yet, only recently, Nemeth, O'Neill, Uebel, and others have drawn particular attention to Mises's pertinent encounter with one of the most colorful...
Persistent link: https://www.econbiz.de/10012615468
Abstract: Legal interpretation in the United States changed dramatically between 1930 and 1950. The Great Depression and World War II unleashed radical critique (particularly prior to the war). Legal realism proposed radical new methods of legal interpretation to try to meet the challenges of...
Persistent link: https://www.econbiz.de/10012772054
The socialist calculation debate occurred simultaneously with the development of increasingly idealized neoclassical market models in the early decades of the 20th century. Nonetheless, free market neoclassical economists were conspicuously absent from that debate, leaving the pro-market case to...
Persistent link: https://www.econbiz.de/10012917561
Austrian economist Ludwig Mises’s central role in the socialist calculation debates has been consensually acknowledged since the early 1920s. Yet, only recently, Nemeth, O’Neill, Uebel, and others have drawn particular attention to Mises’s pertinent encounter with one of the most colorful...
Persistent link: https://www.econbiz.de/10012607642
In the last two decades, a renewed interest in property rights have challenged the accepted interpretation of property rights as “bundle of rights” over the use of things and have rehabilitated the old classical interpretation of property rights as exclusive (absolute) dominium over things...
Persistent link: https://www.econbiz.de/10012827509
Persistent link: https://www.econbiz.de/10014240416
This is an entry produced for the Handbook of the History of Economic Analysis, edited by Gilbert Faccarello and Heinz D. Kurz (eds). Volume 3. Cheltenham, UK and Northampton, MA, USA: Edward Elgar, forthcoming. We analyze competition as rivarly in a race, as a specific market structure, and as...
Persistent link: https://www.econbiz.de/10011108418
This article discusses two major conceptions of competition, the classical and the neoclassical. In the classical conception, competition is viewed as a dynamic rivalrous process of firms struggling with each other over the expansion of their market shares at the expense of their competitors....
Persistent link: https://www.econbiz.de/10011113605
This was the first paper to study exclusively the effects of Ramadan on the United Arab Emirates Stock market. In doing so, the study aims to establish such impacts with the intention of advising the investors on whether it would be profitable to invest during the holy month of Ramadan or no.The...
Persistent link: https://www.econbiz.de/10013052608