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A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10015233956
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10011422113
This paper compares and contrasts the hermeneutic turn advocated by Don Lavoie in this 1985 essay on The Interpretive Dimension of Economics with the ontological turn that was gathering momentum amongst other groups of heterodox economists at about the same time. It is argued that an explicit...
Persistent link: https://www.econbiz.de/10014140191
Dieser Aufsatz reflektiert das Verständnis von Mensch und Natur, welches dem Denken von Malthus zugrunde liegt und kontrastiert es mit dem völlig anderen Verständnis seines Zeitgenossen William Wordsworth. Wir zeigen, dass die ökonomischen Überlegungen beider entscheidend durch diese...
Persistent link: https://www.econbiz.de/10003245533
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10003245576
Many of Xenopol's studies, articles and economic papers fully prove his permanent interest in this area, so important for the life of a country. By means of the measures suggested, he intended to give a new orientation to the economic development of agriculture, industry and commerce in the...
Persistent link: https://www.econbiz.de/10008829789
Many of Xenopol’s studies, articles and economic papers fully prove his permanent interest in this area, so important for the life of a country.. This fact urged him to look into the economic state of his people, to search for its causes and formulate solutions, some of them among the most...
Persistent link: https://www.econbiz.de/10008787498
This chapter summarizes the case for considering money as a legal institution. The Western liberal tradition …, represented here by John Locke’s iconic account of money, describes money as an item that emerged from barter before the state … existed. Considered as an historical practice, money is instead a method of representing and moving resources within a group …
Persistent link: https://www.econbiz.de/10014153950
Episodes of monetary instability in Ottoman Egypt stimulated a discussion of monetary doctrine among Egyptian rabbis. A central issue was the valuation of debts following changes in the value of silver coins. While the leading rabbi of the 16th century advocated linkage to gold coins, the rabbis...
Persistent link: https://www.econbiz.de/10014217047
economies are instituted by a principle of social quantification: money as the unit of account. Secondly, both economies are set … in motion by a medium of circulation: money as the general equivalent. Thirdly, pure market society homogeneity is based … on generalized access to money as the vehicle of autonomous expense (the carrier of unilateral action), while capitalist …
Persistent link: https://www.econbiz.de/10009358641