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Capital as in capitalism, or capital as in capital goods, or both?
The Review of Austrian Economics, 2018Austrian economists employ two different concepts of capital. Sometimes they treat capital as a universal phenomenon of human action as such. Capital is then understood as a combination of heterogeneous capital goods that appear on the intermediate stages of the production process.
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The Accounting Review, 2018
‘Big business’ is now reproducing itself as never before, in both the West and East, with the People’s Republic of China (PRC) notwithstanding.
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‘Big business’ is now reproducing itself as never before, in both the West and East, with the People’s Republic of China (PRC) notwithstanding.
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Social Capital and Capital Structure
SSRN Electronic Journal, 2020I demonstrate that in the context of a Modigliani-Miller-type model that a firm financing social capital and physical capital will favor equity financing over debt financing without bankruptcy. With bankruptcy, debt financing will be used, but equity financing will be favored by firms that use large amounts of social capital, as it will increase their ...
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2018
The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities.
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The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities.
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The theory of capital as a theory of capitalism [PDF]
Journal of Institutional Economics, 2016 AbstractBefore economists and sociologists came up with their own definitions of the term ‘capital’, it was commonly understood as money invested in businesses by their owners or shareholders, and it continues to be understood this way in everyday business practice.
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From Capitalism to Capitalisms
2012In the concluding speech at the close of the 2008 Chicago Conference on China’s Market Transformation on July 18th, 2008, Ronald Coase pronounced that “the struggle of China is the struggle for the world.”1 On December 10th, 2008, Time magazine published a commentary on China’s three decades of market transformation and the heroic role played by Deng ...
Ronald H. Coase, Ning Wang
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2022
Since its medieval beginnings, in modern capitalism markets have tended to be ordered and regulated, and this usually helped economic development. Starting with the Scholastic Heritage my chapter focuses on select aspects of market regulation that kept reoccurring, from the Renaissance to the twentieth century, and the role that political economy ...
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Since its medieval beginnings, in modern capitalism markets have tended to be ordered and regulated, and this usually helped economic development. Starting with the Scholastic Heritage my chapter focuses on select aspects of market regulation that kept reoccurring, from the Renaissance to the twentieth century, and the role that political economy ...
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Capital, Social Capital and Religious Capital
2012In this chapter I will explore the efficacy of the social capital idea by setting it in the context of its critics. There have been many.Some have noted how social capital is ‘a nebulous concept that can include anything from how parents interact with their children to how people feel about where they live, to whom they know, how much they use their ...
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7. Capital and capital maintenance [PDF]
, 2020 This chapter discusses the two principal types of capital that companies acquire: share capital (capital obtained by selling shares) and debt capital (capital borrowed from others). Having obtained share capital through the selling of shares, the law requires that the company ‘maintain’ that capital by not distributing it in unauthorized ways, notably ...
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To capitate or not to capitate (thrombectomy): is that the question?
Journal of NeuroInterventional Surgery, 2020Costs of stroke intervention are increasingly relevant as the Centers for Medicare and Medicaid Services cut payments and institutes' bundles,1 while mechanical thrombectomy (now offered within 24 hours since last known well) increases in frequency.2 3 This mismatch is likely to worsen as neurointerventional capabilities expand and results of upcoming ...
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