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The purpose of this paper is to provide an exposition of Veblen's and Minsky's views on the financial markets and to explore the possibility of any common denominators. I stress that they both bring forward the importance of leverage as a path-breaking insight, as well as of liquidity and...
Persistent link: https://www.econbiz.de/10014363161
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the …
Persistent link: https://www.econbiz.de/10010398499
There are several ways to incorporate evolutionary concepts into economic thinking. This article reviews the most important transfers of this kind into evolutionary economics. It broadly differentiates between approaches that draw on an analogy construction to the biological sphere, those that...
Persistent link: https://www.econbiz.de/10010478863
Theory (MMT). In the MMT approach, the state (or any other authority able to impose an obligation) imposes a liability in the …
Persistent link: https://www.econbiz.de/10010513085
Persistent link: https://www.econbiz.de/10008699848
Theory (MMT). In the MMT approach, the state (or any other authority able to impose an obligation) imposes a liability in the …
Persistent link: https://www.econbiz.de/10010252186
Purpose: We address the 'economics/cross-cultural management interface,' showing that bi-polar value perceptions fit into an agency model of an economy. Design: Modern views of economic processes have moved away from the traditional view of closed systems, with a tendency to cite them as open...
Persistent link: https://www.econbiz.de/10013103027
methodology, the history of economic thought and social theory more broadly. Hodgson's reputation as a prolific and important …
Persistent link: https://www.econbiz.de/10012866139
Darwin's theory of natural selection has played a central role in the development of the biological sciences, but …
Persistent link: https://www.econbiz.de/10012868236
Theory (MMT). In the MMT approach, the state (or any other authority able to impose an obligation) imposes a liability in the …
Persistent link: https://www.econbiz.de/10013057281