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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
The author shows that often quoted definitions used in the study of introductory courses in economics for the most part are lacking critical elements that would otherwise provide a more complete understanding of the nature of economic pursuits. The author uses the leading theories and...
Persistent link: https://www.econbiz.de/10014212479
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Extension of theory using a multiple-case study design can contribute value to a particular theoretical perspective and further define the boundaries of the original theory. Most organizations today operate in volatile economic and social environments. Qualitative research plays an essential...
Persistent link: https://www.econbiz.de/10014098826
The economic approach to the study of human behavior has been presented by its foremost representative as the most effective method of studying social phenomena. Gary Becker's view supposes that, on the one hand, all social phenomena can be explained as a consequence of individual actions and,...
Persistent link: https://www.econbiz.de/10012964342
This paper argues that scarcity is not the fundamental economic problem, but rather distribution is. It also shows that economic growth will not solve our economic problem. Islam offers a radically different perspective on human economic problems and how to solve them. These are exposited in the...
Persistent link: https://www.econbiz.de/10013085426
In this paper, we link Joseph de la Vega's work Confusion de Confusiones, written in 1688, with current behavioral finance and propose that Vega be considered the first precursor of modern behavioral finance. In addition to describing excessive trading, overreaction and underreaction, and the...
Persistent link: https://www.econbiz.de/10013065471
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Given the renewed interest in negative interest rates as method for removing the floor to nominal interest rates, this article offers a concise review of Gesell's life, work and its place in the history of economic thought. It provides a brief biographical sketch of Gesell, demonstrating both...
Persistent link: https://www.econbiz.de/10009356096
Dieser Aufsatz reflektiert das Verständnis von Mensch und Natur, welches dem Denken von Malthus zugrunde liegt und kontrastiert es mit dem völlig anderen Verständnis seines Zeitgenossen William Wordsworth. Wir zeigen, dass die ökonomischen Überlegungen beider entscheidend durch diese...
Persistent link: https://www.econbiz.de/10003245533