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Emotions were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory basically abolished emotions, behavioural economics more recently reintroduced emotions in utility theory. Beyond utility theory, economic theorists use...
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outcomes. This paper studies the effects of slavery on black-white wealth inequality upon the emancipation of slaves in the US … using historical data.The purpose of wealth has varied from over time. From an economics perspective, wealth is the …, such that they have an incentive to accumulate material wealth for inter-temporal household consumption and social …
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In this book, I introduce basics of research methodologies in Arabic language which I believe is an unprecedented step. The conceptions, research frameworks, sampling and some detailed methods are given in this text book. Moreover, some analytical statistical methods are introduced to give...
Persistent link: https://www.econbiz.de/10014177275
The marketing and sales polices of Iranian crude oil have been revised and changed after the Islamic Revolution of 1979. Production policy that drastically cut back production in order to maintain oil reserves for future generations. In terms of marketing Iranian crude oil, the new revolutionary...
Persistent link: https://www.econbiz.de/10014180026
The Fall 2010 issue of the Journal of Private Enterprise featured a complicated set of papers (link to the issue). The lead article was a long paper by Jason Briggeman and me, on Israel Kirzner’s work on coordination and discovery. The thrust of our paper was an affirmation of Kirzner’s...
Persistent link: https://www.econbiz.de/10014180610
The growing movement toward the enclosure of plow land for sheep grazing was causing a great displacement of the farm population. The armies gathered together for the War of the Roses were disbanded. The country was overrun with roaming bands who took their gain where they found it, robbed,...
Persistent link: https://www.econbiz.de/10014182094