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Richard Cantillon and David Hume both propose the theory of monetary nonneutrality, whereby the money supply changes … economy step by step and changes relative prices. While a number of authors note that Hume and Cantillon both present the same … main constituent parts of the theory in the contributions of both Cantillon and Hume. …
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Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
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This paper examines the Torah to derive a small set of essential core values for living. Core values are the guiding principles that can be used by individuals as well as organizations to make correct decisions and provide a reason for being. Both the Torah itself (the Written Law) and the...
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In this paper I explore Tocqueville's views on poverty and pauperism in democratic times. Tocqueville's explanation of economic and social phenomena linked to the raise of equality, show the difficult dilemmas he foresaw with the consolidation of democracy and increasing industrialization. New...
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Today’s globalized economy cannot be governed by legal strictures alone. A combination of self-interest and regulation is not enough to avoid the recurrence of its systemic crises. We also need virtues and a sense of corporate responsibility in order to assure the sustained success of the...
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