This paper conjectures that economics has changed profoundly since the 1970s and that these changes involve a new understanding of the relationship between theoretical and applied work. Drawing on an analysis of John Bates Clark medal winners, it is suggested that the discipline became more...

Assuming the existence of Hegel‟s consistent overall picture of the concept of entropy, the author transfers the physical term of entropy into economics and sociology and illuminates the relevance of second law of thermodynamics within both disciplines. Basis of translation is the present...

Economic growth is indispensable for the development of a country and welfare of its citizens. Economic activities can be improved with the enhancement of business sectors within its structure. Furthermore, exportation is a substantial means of reinforcing economic growth. In this research, the...