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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. …
Persistent link: https://www.econbiz.de/10011602964
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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...
Persistent link: https://www.econbiz.de/10014175063
A monetary approach that combines Chartalism, Nominalism, and Command origins of monetary systems is often deemed to have emerged only recently, while the Aristotelian approach (Commodity, Metallism, and Market origins of monetary systems) is the only one that existed until the end of the...
Persistent link: https://www.econbiz.de/10015135062
commerce, and their network had direct links to 18th-century economic thinkers such as Richard Cantillon, Charles de …
Persistent link: https://www.econbiz.de/10015332680
Die Begriffe Wohlfahrt und Wohlstand werden in ihrem dogmenhistorischen Entstehungskontext untersucht. Dabei wird zum einen der Schwerpunkt auf die von den Physiokraten, aber auch von John Stuart Mill, W. Stanley Jevons und sogar von deutschen Ordoliberalen thematisierten Wachstumsgrenzen gelegt...
Persistent link: https://www.econbiz.de/10009425610
Aristotle (384-322 BC) came to Athens to study under Plato (427-347 BC). He remained at Plato's Academy for twenty years. After Plato and Xenophon (434-355 BC), he is regarded as the third leading writer in the Socratic school. This paper is part of a long-term research programme on the ancient...
Persistent link: https://www.econbiz.de/10009552668
Aristotle (384-322 BC) came to Athens to study under Plato (427-347 BC). He remained at Plato's Academy for twenty years. After Plato and Xenophon (434-355 BC), he is regarded as the third leading writer in the Socratic school. This paper is part of a long-term research programme on the ancient...
Persistent link: https://www.econbiz.de/10009552673
China's rise drives a growing impact of China on economics. So far, this mainly works via the force of example, but there is also an emerging role of Chinese thinking in economics. This paper raises the question how far Chinese perspectives can affect certain foundational principles in...
Persistent link: https://www.econbiz.de/10008859638