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To be "just", a society should treat every child fairly, i.e. with equal concern with regard to his potential education achievements. A person’s educational achievements is indeed essential for enhancing her capacity for self-development: ideally, they all should have the same opportunities...
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Equilibrium in economics solely concerns efficiency properties defined over the commodity space. But, in different and often conflicting ways, members of society judge market performances also on equity rounds and express preferences not only over bundles of commodities but also over social...
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Our discussion will proceed in three parts. In section 1, we set out what we believe to be the canonical view of fair competition which underlies most defences of competition as a fair and efficient procedure. In section 2, we challenge this canonical view and argue that the fundamental dynamics...
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This paper develops a broad, multi-faceted approach to the socio-economics of money. The aim is to elaborate models with which to describe and analyze money and money systems in modern societies. No single theory is conceivable but a complex of interlinked theories can help us understand and...
Persistent link: https://www.econbiz.de/10013109905
ABSTRACT This paper develops a broad, multi-faceted approach to the socio-economics of money. The aim is to elaborate models with which to describe and analyze money and money systems in modern societies. No single theory is conceivable but a complex of interlinked theories can help us...
Persistent link: https://www.econbiz.de/10011108049
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