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capitalism. It argues that the firm-based approach of the Varieties of Capitalism literature cannot satisfactorily integrate the …
Persistent link: https://www.econbiz.de/10014212043
The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the … institutions offers insights for the problem of coordination. (3) Lachmann extends contemporary new institutional theory without …
Persistent link: https://www.econbiz.de/10014051184
Capital flight may undermine economic growth and the effectiveness of debt relief and foreign aid. This paper is the first attempt to test whether unsound macroeconomic policies or weak institutions lead to capital flight, using panel data for a large set of developing, emerging market and...
Persistent link: https://www.econbiz.de/10014061482
debate on capitalism’s future. Institutional-evolutionary theory is based on a contemporary revival of Thorstein Veblen …’s work. I argue the theory contains the resources for investigating the historical specificity of capitalism. Following … future of global capitalism emerged. Within this debate a number of studies have argued that the crisis is a symptom of a …
Persistent link: https://www.econbiz.de/10014092262
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the dynamics of an ever-changing economy. The result is a compelling case for reforming capitalism by addressing workers … evolution of US capitalism; and policy analysts and concerned citizens will welcome its emphasis on economic reform and …
Persistent link: https://www.econbiz.de/10013400371
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