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We develop an analytical core for sociology. We follow standard dynamical systems theory by first specifying the conditions for social equilibrium, and then study the dynamical principles that govern disequilibrium behavior. Our general social equilibrium model is an expansion of the general...
Persistent link: https://www.econbiz.de/10014151185
Our society is fundamentally changing. These days, almost nothing works without a computer chip. Processing power doubles every 18 months and will exceed the capabilities of human brains in about ten years from now. Some time ago, IBM's Big Blue computer already beat the best chess player....
Persistent link: https://www.econbiz.de/10014148026
One approach to analyzing inequality is to compare average economic choices from a classical theoretical framework. Another approach considers the impact of the formation of society, through statutes and institutions, on average economic outcomes. This paper studies the effects of slavery on...
Persistent link: https://www.econbiz.de/10013038303
In this paper we select the most relevant parts of the applicable rulings to the recent judicial saga of the Argentine sovereign debt in default to show the radical changes took by the United States courts that were in charge of the cases, including the latest case dated December 22, 2016. The...
Persistent link: https://www.econbiz.de/10012977007
A paradigm shift is underway. The corporation -- much reviled as an externalizing, short-termist, inward-focused, politically manipulative machine – is undergoing a fundamental change. A real metamorphosis.This is good news. Capitalism has developed mechanisms to start a transformation of the...
Persistent link: https://www.econbiz.de/10013322562
A paradigm shift is underway. The corporation - much reviled as an externalizing, short-termist, inward-focused, politically manipulative machine – is undergoing a radical change. A real metamorphosis. The driver has been the financial community’s recognition that ESG produces company value...
Persistent link: https://www.econbiz.de/10013306063
This paper work assesses the key aspects of a framework for research on revolutions. Our approach includes a heuristic based on an idea suggested by Marx in the 18th Brumaire of Louis Bonaparte: "The tradition of all dead generations weighs like a nightmare on the brain of the living." From this...
Persistent link: https://www.econbiz.de/10014190225
The current paper experiments with the conception and analytical model of principle components. The analysis utilizes data of Sudan to test the model fitness and data suitability. All the country's economic sectors are used in the analysis which also integrates high, medium and low income strata...
Persistent link: https://www.econbiz.de/10013107226
Based on binary economic principles, this paper asserts that one widely overlooked way to empower economically poor and working people in market economy is to universalize the right to acquire capital with the earnings of capital. This right is presently largely concentrated, as a practical...
Persistent link: https://www.econbiz.de/10012713204
Many people know about Employee Stock Ownership Plans (ESOPs) which, along with profit-sharing and pension plans, are treated as deferred compensation plans under Section 401 and related sections of the Internal Revenue Code. ESOPs have been established by thousands of American corporations,...
Persistent link: https://www.econbiz.de/10014047828