Why Economic Theories and Policies Fail? Unnoticed Variables and Overlooked Economics [PDF]
Accuracy of economic theories and efficiency of economic policy strictly depend on the choice of the economic variables and processes mostly liable for description of economic reality. That states the general problem of assessment of any possible economic variables and processes chargeable for economic evolution.
arxiv
Sectoral distribution of FDI and employment: Evidence from post- transitional European countries [PDF]
This paper examines, from the perspective of Post-Keynesian economics, the effects of Foreign Direct Investment (FDI) on the employment rate in 18 post-transitional European countries from 1995 to 2021. Using a two-step system Generalised Method
Josifidis Kosta, Supić Novica
doaj +1 more source
This study assesses the crisis of 2008 as a fertile ground by positioning against the boundaries drawn by mainstream economics and suggests an introductory path for alternative future visions on the basis of fiscal policy.
Metehan CÖMERT
doaj +1 more source
'Ergodicity Economics' is Pseudoscience [PDF]
In a series of papers, Ole Peters and his collaborators claim that the 'conceptual basis of mainstream economic theory' is 'flawed' and that the approach they call 'ergodicity economics' gives 'reason to hope for a future economic science that is more parsimonious, conceptually clearer and less subjective' (Peters, 2019).
arxiv +1 more source
History of economic thought in the post-Keynesian tradition [PDF]
First paragraph: Casual inspection ofthe post-Keynesian literature, like other heterodox literatures, reveals an extent ofref erence to historical texts and analysis ofthe se texts that is unusual in modern economics, although not in earlier economic ...
Dow, Sheila
core +1 more source
L’économie post-keynésienne, une pensée hétérodoxe méconnue ?
This article deals with post-Keynesian theory, which is one of the heterodox schools of thought in economics. We first list the main features of heterodox schools of thought, and then list the specific features of post-Keynesian economics.
Marc Lavoie, Mario Seccareccia
doaj +1 more source
This essay asks whether we are all becoming Keynesians again. It offers some thoughts about the impact of the financial crisis on macroeconomic theory and Keynesian theory, and on post-Keynesian theory in particular.
Marc Lavoie
doaj +1 more source
Economic prospects of the Russian-Chinese partnership in the logistics projects of the Eurasian Economic Union and the Silk Road Economic Belt: a scientific literature review [PDF]
The authors of the article have reviewed the scientific literature on the development of the Russian-Chinese cooperation in the field of combining economic and logistics projects of the Eurasian Economic Union and the Silk Road Economic Belt. The opinions of not only Russian, but also Chinese experts on these projects are indicated, which provides the ...
arxiv
"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]
The paper was prepared for the 80-th anniversary of publishing of John Maynard Keynes’ “General Theory of Employment, Interest and Money”. It discusses the stages of the economist’s life, the main books written prior to "The General Theory ...
Nureev Rustem, M.
doaj +1 more source
Impact of Public and Private Investments on Economic Growth of Developing Countries [PDF]
This paper aims to study the impact of public and private investments on the economic growth of developing countries. The study uses the panel data of 39 developing countries covering the periods 1990-2019. The study was based on the neoclassical growth models or exogenous growth models state in which land, labor, capital accumulation, etc., and ...
arxiv