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costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality of free … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of … enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on …
Persistent link: https://www.econbiz.de/10014215760
This analytical review covers macroeconomic and social developments across the post-socialist economies of Central and Eastern Europe and Former Soviet Union (CEE and FSU) between 2018 and 2023. The emphasis is on historical continuity given the mix of the latest global and regional shocks. This...
Persistent link: https://www.econbiz.de/10014259825
its denial of the conflictual nature of capitalism. There is need to understand Keynes' technical contributions regarding … preeminent monetary theorist. However, owing to his denial of conflict, he had a flawed view of capitalism which is why … Democracy. Contrary to conventional wisdom, his view of capitalism is supportive of Neoliberalism and Keynes can be viewed as a …
Persistent link: https://www.econbiz.de/10014327477
1. Introduction: Werner Sombart and the "Spirit" of Modern Capitalism -- 2. Sombart and the "Spirit" of Modern … Capitalism-1900-1910 -- 3. Sombart and the "Spirit" of Modern Capitalism-1910-1920 -- 4. Sombart and the "Spirit" of Modern … Capitalism-1920-1930 -- 5. Sombart and Modern Capitalism-The Essays -- 6. Conclusion: Sombart's "Spirit" of Modern Capitalism. …
Persistent link: https://www.econbiz.de/10014502138
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, government, history, law, politics, sociology, and normative political theory that it is difficult to say that any one …
Persistent link: https://www.econbiz.de/10012921443
This article presents a new approach to the socialist calculation debate. I focus particularly on the question of how to integrate information of consumers' preferences and argue that the objections raised by Austrian economists against the socialist model proposed by Oskar Lange can be...
Persistent link: https://www.econbiz.de/10012928345
This article is the introductory chapter to a festschrift in honour of Geoff Hodgson. In work spanning four decades, Geoff Hodgson has made many path-breaking contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory...
Persistent link: https://www.econbiz.de/10012866139
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