... difficult in the conditions of high-transaction costs. © Emerald Group Publishing Limited 2014 Economic theory Developing countries Citizenship Marxist economics As a superstructure the state is an extreme case of Coase's exposition of the firm as a substitute for the market. While...

... are presented in Appendix 4. Aida Isabel Tavares can be contacted at: aitavar@gmail.com © Emerald Group Publishing Limited 2013 Government policy Economic theory Self-medication (SM) is the selection and use of medicines by individuals to treat self-recognised illnesses...

...William A. Jackson Purpose The paper aims to show that economic theory has become “desocialised” and separated from social theory through the adoption of individualistic methods and neglect of social relations and structures. It also seeks to assess the upshot of these trends, as well...

... at: cleather@cba.ua.edu © Emerald Group Publishing Limited 2013 United States of America National economy Economic theory Economic policy Deregulation Banks Financial innovations 100 percent reserve requirement Creative destruction Reckless finance Rational regulations As Chairman...

... Social change Economic theory Market Value Wealth Economic philosophy/theory Human development If one word could summarize recent 300 years of human history and 30 years of China, it is “market”. Marketization since the industrial revolution in eighteenth century has brought human society...

...Wylie Bradford Purpose The purpose of this paper is to explore the compatibility of Rawls's account of justice with neoclassical economic theory, upon which Rawls relies strongly. Design/methodology/approach This question is approached via a comparison of the implicit account of society...

... personalities of the Austrian camp such as Menger, Wieser, Böhm‐Bawerk, etc. at a time when Vienna's “techno‐romantic” civilization (McCraw, 2007, p. 3) was a “melting pot” of nationalities and the capital of economic theory (Michaelides and Milios, 2005). In this context, the question of the affinities...

... Marxist economics Capital Economic theory Value analysis Social systems Centrally, v represents the value of labour power; not the total labour time actually worked in production, which we shall denote as L. Capitalists need only pay their “free” workers sufficient wages for them to be able...

... not working. Personalist economics sees it positively as an activity crucial to personal development. Originality/value The reader is asked to consider two questions. Will economic theory continue to be constructed on an economic agent who is represented by the passive and predictable homo...

... Economic theory Social interaction Research that has emerged in recent years is concerned with the existence and behavioral implications of utility interdependence in order to provide alternatives to economic models based on the assumption of the economic man. The economic man is one who has...

.... Michaelides can be contacted at: pmichael@central.ntua.gr © Emerald Group Publishing Limited 2011 Economic conditions Profit Marxist economics Economic theory Food industry United States of America In this paper, we are dealing with questions of instability and economic crises...

... opportunity costs for persons with higher earnings would dampen their tendency to opt for social entrepreneurial activity. (Wilson and Musick, 1997 ; for recent contrary view, Gintis, 2007). © Emerald Group Publishing Limited 2010 India Entrepreneurs Economic theory Social capital Community...

... to invest profits may threaten the sustainability of life on our planet and no immediately available economic theory seems to address this. This issue begins to raise the essential questions, with hopes of continuing the discussion. Economics Social economics Economic conditions Economic theory...

... Social economics Economic theory Social capital has recently emerged as one of the most significant socio‐economic theories. Conceptual literature is vast and far ranging, and this exponential growth of interest in the social capital has provoked a vigorous debate on the legitimacy of the theory...

...Stefan Kesting Purpose The paper seeks to answer the question: why is John Kenneth Galbraith a radical economist? The purpose of this paper is to show how he contributed to the development of economic theory and how this contribution differs radically from mainstream economics. Design...

... of his ideas in the context of the then prevalent economic theories of the German‐speaking camp, have not been widely discussed. The purpose of this paper is claim that the elaborations of certain German‐speaking heterodox economists and/or schools of economic thought may be traced in Schumpeter's...

... of institutional design and outcomes characterized by high levels of corruption and low levels of accountability and transparency. The purpose of this paper is to analyze aspects of these socio‐economic realities in the context of contemporary economic theory and ongoing revisions to it. Design/methodology...

... responsibility as a competitive edge that needs to be changed into a universal standard. However, this has to happen in the way of evolution, rather than revolution. © Emerald Group Publishing Limited 2009 Social economics Social responsibility Organizations Economic theory Privatization Free...

... observed place their theories closer to some modern trends in the study of economic development than to the literature of neoclassical capital theory. Originality/value George's grasp of economic theory deserves greater respect than it has often received in the economics literature when his work...

... of the physiocratic school on Franklin, as one of the leading practical philosophers of his age. Economic theory Economic history Political economy One would not be exaggerating too much to say that to the people of British North America, or Britain itself, and even in France, the four decades beginning...