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structurally distorted in the institutions and policies of American industrial relations. The fall of the ‘social contract’ is the …
Persistent link: https://www.econbiz.de/10011260788
investigates the extent to which skilled labour can contribute to output growth in South Africa in the long run. The theoretical … technological progress on labour and capital. Skilled labour was measured with three parameters of experience (learning … causality running from the measures of skilled labour to growth. The coefficient of the ECT was both significant and negative …
Persistent link: https://www.econbiz.de/10012931620
It is common knowledge that neither Walrasians nor Keynesians nor Marxians nor Institutionialists nor Austrians nor Sraffaians came to grips with profit. The reason is a defective formal basis. In the present paper the formal foundations are first renewed. When the profit theory is false the...
Persistent link: https://www.econbiz.de/10015242990
Too often today we hear that the Russian social philosophy is not demanded by society, the state ignores the opinion of the humanities. Is this true? Opinion Regional Development Fund and the security of the Omsk region covers FRRB Deputy Director Mikhail Leonidovich Kaluzhsky.
Persistent link: https://www.econbiz.de/10015243920
Article about the role of Protestantism in shaping the conditions for successful social and economic development of the state. The author compares the Orthodoxy in Russia and European Protestantism as the ideological foundation of ensuring social stability and social progress of the state.
Persistent link: https://www.econbiz.de/10015243921
An article about the dialectical laws of the genesis of social organization and social systems. The author suggests using a new classification of social relations for the methodological study of the evolution of social systems. The work is based on the methodology of general systems theory and...
Persistent link: https://www.econbiz.de/10015243940
Axiomatization is the prime task of theoretical economics. Without correct axioms,no correct theory. Without correct theory, no understanding of how the economy works. Without empirically corroborated understanding, no useful economic policy advice. Yet, much more important than any political...
Persistent link: https://www.econbiz.de/10015243971
It has long been criticized that history is almost entirely absent from orthodox economics. This deficiency is due to the fact that equilibrium and time make an odd couple. Because equilibrium is one of the crucial hard-core propositions of the research program it cannot be abandoned. This...
Persistent link: https://www.econbiz.de/10015244290
Rising GDP level is aim of each economy in the world and in that respect Nepal doesn’t differ. Difficulties in obtaining better impulse in the growth creation shows signs of short and long term weaknesses in economic or political process. Some help in achieving better standards are presented...
Persistent link: https://www.econbiz.de/10015244390
All popular schools lack a consistent profit theory. Economists have no true conception of the most important phenomenon in their universe. This methodological defect persists since Adam Smith. Therefore, the theories of income and wealth distribution are wrong by logical implication. If the...
Persistent link: https://www.econbiz.de/10015244606