In this article I compare the classical theory of value with the theory of value that emerged after the marginal revolution, taking into account the underlying conceptions of process and order that are implicit in each theory. In classical political economy, the economy is conceived of as a...

In the present article I address the implications of Thomas Piketty’s book Capital in the Twenty-First Century for our understanding of inequality and sustainability. I argue that although Piketty’s contribution is a significant one which has the potential to lead economic analysis in a more...

This article addresses the origins of the term “neoclassical” economics, and the subsequent use of the term. It is argued that the present use of the term “neoclassical” economics is different from its original meaning when it was first introduced by Thorstein Veblen, who used it to...

This working paper analyzes the growing importance of private labels in today’s modern distribution, and the main opportunities and threats they raise for retailers and national brands. Our main purpose was to: (1) analyze consumer´s perceptions of private label brands, (2) identify their...

É de especial relevancia para unha sociedade, e máis a raíz da crise económica na que están sumidas as sociedades española e portuguesa, coñecer cales son os colectivos máis débiles ou vulnerables ante a mesma. Un dos colectivos que máis protección necesita é o dos máis novos...

This paper investigates empirically the determinants of air quality in a large cross-section of countries. We assess air quality by sulfur emissions and, following the literature, we consider three different groups of determinants: economic, political and cultural. We confirm the existence of an...

Presently the brand concept can range from personal brand to country or continent brand. We therefore consider that studying a sector of the economy, in this case Agriculture, according to the brand concept would be an added value. Agriculture is a key sector in any economy. Its main function is...

This paper is concerned with two things: finding an objective and easily quantifiable measure of government efficiency and testing possible determinants of such quality. As measures of government efficiency we use the ratios of infant mortality rate to health expenditures as a percentage of GDP...

Passaram 38 anos desde a instauração da Democracia em Portugal em 1974. Tendo como pano de fundo o descontrolo da despesa pública e a intervenção da Troika, o governo português tem em curso uma reforma do Estado português. Neste artigo procedemos a uma análise de impacto de três...

It is critical to investigate reactions to the various name and logo redeployment alternatives available in the context of a brand merger. Yet research on this topic is relatively limited. This paper aims to start filling this gap in the literature, by developing a typology of the visual...