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Marx’s theory of capital in the history of economics: Marx’s concept of capital, classical school, Austrian School, and growth theory [PDF]
Kiichiro Yagi
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6. Classical Economics from Smith to Malthus
In 1776, several years after his good friend James Watt had obtained the first patent covering the steam engine and several years before the process for making wrought iron was devised, Adam Smith (1723-1790), a retired professor of moral philosophy at ...
Bloom, Robert L. +6 more
core
ABSTRACT Social tensions and resource depletion pose significant challenges to the agri‐food sector, highlighting the need for coordinated strategies to ensure sustainability in supply chains. Despite its critical importance, the relationship between coordination mechanisms and sustainability performance remains underexplored.
Carlos Moreno‐Miranda, Liesbeth Dries
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Classical Economics: Lost and Found
"Economists miss the boat when they act as if Arrow and Debreu's general equilibrium model accurately describes markets in the real world of constant change. In contrast, the classical view on the market mechanism offers a helpful foundation on which to add modern insights about how markets create and coordinate information."
Inoua, Sabiou M., Smith, Vernon
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10. Criticism and Revision of Classical Economics
The work of the classical economists was primarily one of deduction. In a sense it is a tribute to their capacity to draw corollaries and conclusions from basic principles accepted as established truths.
Bloom, Robert L. +6 more
core
Sraffa and Keynes: Differences and Shared Preconceptions [PDF]
The relationship between the thinking and work of Sraffa and Keynes is complex and controversial. This paper approaches it initially through an investigation of their respective interpretations of their predecessors, the classical economics and Marshall.
Davis, John B.
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WARNING: Physics Envy May Be Hazardous To Your Wealth! [PDF]
The quantitative aspirations of economists and financial analysts have for many years been based on the belief that it should be possible to build models of economic systems - and financial markets in particular - that are as predictive as those in ...
A Blinder +76 more
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ABSTRACT The Cordillera Administrative Region in the Philippines is home to terraced rice embedded in centuries of cultural heritage. However, weak market incentives threaten sustained production, jeopardizing indigenous communities' cultural heritage and the in situ biodiversity of rice genetic resources.
Kofi Britwum, Matty Demont
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In the wake of current world financial crisis serious efforts are being made to rethink the dominant economic assumptions. There is a growing movement in universities to make economics more relevant and to embrace an understanding of diverse models ...
Jacek Wiktor Brant
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Behavioral are crucial for understanding both the consumer’s attitude and firms’ attitude as well as for understanding the market outcomes. The past ten years brought a lot of attention from researchers and policy-makers on the behavioral economics issue.
Liviana Andreea Niminet
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