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Over the course of a quarter of a millennium industrial capitalism has emerged from four deep recessions brought on by the bursting of commodity bubbles to achieve sustained economic growth by instituting progressive policies. These policies promote market success by reinforce entrepreneurial...
Persistent link: https://www.econbiz.de/10014136778
Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...
Persistent link: https://www.econbiz.de/10014189105
Economic growth has become a prominent political goal worldwide, despite its severe conflicts with ecological sustainability. Are "growth policies" only a question of political or individual will, or do "growth imperatives" exist that make them "inescapable"? We structure the debate along two...
Persistent link: https://www.econbiz.de/10011929217
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This contribution proposes a model of entrepreneurial activity highlighting a complex relationship between innovation and stigma of failure. Innovation decisions are examined in an endogenous growth model with horizontal differentiation in the spirit of Romer (1990). In our framework,...
Persistent link: https://www.econbiz.de/10014215114
We set up a theoretical framework to analyze the possible role of economic growth and technological progress in the erosion of social capital. Under certain parameters, the relationship between technological progress and social capital can take the shape of an inverted U curve. We show the...
Persistent link: https://www.econbiz.de/10011524856
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This paper aims to approach the policy discourse on appropriate policies for digital intellectual property from the vantage point of distributional justice. It argues that it is impossible to evaluate the adequacy of specific intellectual property arrangements from a distributive justice point...
Persistent link: https://www.econbiz.de/10014162687
Is it possible to have a wide and deep theory of technology? Commodification provides a helpful clue. It refers to the width of the economy and suggests incisive criticism. Although it is economically precise, its moral and cultural force needs explication. In that sense it refers to the...
Persistent link: https://www.econbiz.de/10013148729