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capital in a sentence economics: The Positive Theory of Capital Eugen von Böhm-Bawerk, 1891 Von Boehm-Bawerk is one of the leading economists of the so-called Austrian school. With Karl Menger and others, he has contributed to the development of a theory of value which has received wide acceptance, and has been the cause of still wider discussion, in the economic world. This theory, as elaborated by Boehm von Bawerk, is based largely upon psychological principles. Its chief feature consists in a searching analysis of ‘subjective value.’ In his “Capital and Interest”, the author makes a brilliant and original study of these two subjects. “The Positive Theory of Capital” is the successor to the work mentioned above. |
capital in a sentence economics: Capital in the Twenty-First Century Thomas Piketty, 2017-08-14 What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today. |
capital in a sentence economics: Capital Controversy, Post Keynesian Economics and the History of Economic Thought Philip Arestis, J. Gabriel Palma, Malcolm Charles Sawyer, 1996 |
capital in a sentence economics: Capitalization and Punctuation S. Harold Collins, Stan Collins, 1990-04 The Straight Forward English series is designed to measure, teach, review, and master specific English skills. All pages are reproducible and include answers to exercises and tests. Capitalization & Punctuation includes I and First Words; Proper Nouns; Ending Marks and Sentences; Commas; Apostrophes; Quotation Marks. |
capital in a sentence economics: The Code of Capital Katharina Pistor, 2020-11-03 Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively codes certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it.--Provided by publisher. |
capital in a sentence economics: The Dark Lord Thomas Harlan, 2016-01-12 Tom Harlan brings his Oath of Empire series to a shattering conclusion in The Dark Lord. In what would be the 7th Century AD in our history, the Roman Empire still stands, supported by the twin pillars of the Legions and Thaumaturges of Rome. The Emperor of the West, the Augustus Galen Atreus, came to the aid of the Emperor of the East, the Avtokrator Heraclius, in his war with the Sassanad Emperor of Persia. But despite early victories, that war has not gone well, and now Rome is hard-pressed. Constantinople has fallen before the dark sorceries of the Lord Dahak and his legions of the living and dead. Now the new Emperor of Persia marches on Egypt, and if he takes that ancient nation, Rome will be starved and defeated. But there is a faint glimmer of hope. The Emperor Galen's brother Maxian is a great sorcerer, perhaps the equal of Dahak, lord of the seven serpents. He is now firmly allied with his Imperial brother and Rome. And though they are caught tight in the Dark Lord's net of sorcery, Queen Zoe of Palmyra and Lord Mohammed have not relinquished their souls to evil. Powerful, complex, engrossing --Thomas Harlan's Oath of Empire series has taken fantasy readers by storm. The first three volumes, The Shadow of Ararat, The Gate of Fire, and The Storm of Heaven have been universally praised. At the Publisher's request, this title is being sold without Digital Rights Management Software (DRM) applied. |
capital in a sentence economics: Capitalism without Capital Jonathan Haskel, Stian Westlake, 2018-10-16 Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies. |
capital in a sentence economics: The Knowledge Capital of Nations Eric A. Hanushek, Ludger Woessmann, 2023-08-15 A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance. |
capital in a sentence economics: Economics--the Science of Business Joseph French Johnson, Frank LeRond McVey, 1921 |
capital in a sentence economics: The Mystery of Capital Hernando De Soto, 2007-03-20 A renowned economist argues for the importance of property rights in the most intelligent book yet written about the current challenge of establishing capitalism in the developing world (Economist) The hour of capitalism's greatest triumph, writes Hernando de Soto, is, in the eyes of four-fifths of humanity, its hour of crisis. In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy. |
capital in a sentence economics: Capital Flows and Crises Barry J. Eichengreen, 2004 An analysis of the connections between capital flows and financial crises as well as between capital flows and economic growth. |
capital in a sentence economics: The Palgrave Companion to LSE Economics Robert A. Cord, 2019-01-18 The London School of Economics (LSE) has been and continues to be one of the most important global centres for economics. With six chapters on themes in LSE economics and 29 chapters on the lives and work of LSE economists, this volume shows how economics became established at the School, how it produced some of the world’s best-known economists, including Lionel Robbins and Bill Phillips, plus Nobel Prize winners, such as Friedrich Hayek, John Hicks and Christopher Pissarides, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists – especially those interested in macroeconomics and the history of economic thought – with the first in-depth analysis of LSE economics. |
capital in a sentence economics: International Convergence of Capital Measurement and Capital Standards , 2004 |
capital in a sentence economics: Capital of Capital Steven H. Jaffe, Jessica Lautin, Museum of the City of New York, 2014-05-06 From Revolutionary-era bank notes and stock and bond trading during the Civil War to the invention of modern mortgages and the 2008 financial collapse, Capital of Capital explores how New York City gave rise to a banking industry that in turn made the American and worldÕs economy. In addition to exploring the frequently contentious evolution of the banking industry, the book examines the role of banks in making New York City an international economic center and its influence on AmericaÕs economy, politics, society, and culture. Based on a major exhibit at the Museum of the City of New York, Capital of Capital profiles the key leaders and critics of banking, such as Alexander Hamilton, the Rockefellers, and the Occupy Wall Street protesters. The book also covers the key events and controversies that have shaped the history of banking and includes a fascinating array of primary materials ranging from speeches and political documents to advertisements and journalistic accounts. Lavishly illustrated, Capital of Capital provides a multifaceted, original understanding of the profound impact of banking on the life of New York City and the worldÕs economy. |
capital in a sentence economics: The Economics of Inequality Robert S. Rycroft, 2024-05-03 If there was any question before, there is no longer a question today: inequality, discrimination, poverty, and mobility are prominent national issues. The notion of The American Dream has been sold to generations of young Americans as the idea that working hard and following your dreams will allow you to break through any barriers in your path and inevitably lead to success. However, recent findings on inequality, discrimination, poverty, and mobility show that The American Reality is very different. The third edition of this introductory-level text has been completely revised to bring students up to date with current economic thinking on these issues. With an emphasis on data, theory, and policy, this book tackles each issue by exploring three key questions in each chapter: What does the data tell us about what has been happening to the American economy? What are the economic theories needed to understand what has been happening? What are the policy ideas and controversies associated with these economic problems? Key controversies are highlighted in each chapter to drive classroom discussion, and end-of-chapter questions develop student understanding. The book will also be accompanied by digital supplements in the form of PowerPoint slides for each chapter. This clearly written text is ideally suited to a wide variety of courses on contemporary economic conditions, inequality, and social economics in the United States. |
capital in a sentence economics: The Economics of Industry Alfred Marshall, Mary Paley Marshall, 1884 |
capital in a sentence economics: A Lexicon of Economics Phyllis Deane, Jessica Kuper, 2005-08-10 An invaluable work which serves as an introduction to the subject and as a reference for all those who need to remain up-to-date with economic thinking. |
capital in a sentence economics: The Quarterly Journal of Economics Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe, 1915 Vols. 1-22 include the section Recent publications upon economics. |
capital in a sentence economics: Economics, Accounting and the True Nature of Capitalism Jacques Richard, Alexandre Rambaud, 2021-11-29 Almost all economists, whether classical, neoclassical or Marxist, have failed in their analyses of capitalism to consider the underpinning systems of accounting. This book draws attention to this lacuna, focusing specifically on the concept of capital: a major concept that dominates all teaching and practice in both economics and management. It is argued that while for the practitioners of capitalism – in accounting and business – the capital in their accounts is a debt to be repaid (or a thing to be kept), for economists, it has been considered a means (or even a resource or an asset) intended to be worn out. This category error has led to economists failing to comprehend the true nature of capitalism. On this basis, this book proposes a new definition of capitalism that brings about considerable changes in the attitude to be had towards this economic system, in particular, the means to bring about its replacement. This book will be of significant interest to readers of political economy, history of economic thought, critical accounting and heterodox economics. |
capital in a sentence economics: The Economics of Sustainable Development Gurudas Nulkar, |
capital in a sentence economics: Fictitious Capital Cédric Durand, 2017-06-06 How finance is a mechanism of social and political domination The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and social costs of financialization. Understanding what lay behind these events, the rise of “fictitious capital” and its opaque logic, is crucial to grasping the social and political conditions under which we live. Yet, for most people, the operations of the financial system remain shrouded in mystery. In this lucid and compelling book, economist Cédric Durand offers a concise and critical introduction to the world of finance, unveiling the truth behind the credit crunch. Fictitious Capital moves beyond moralizing tales about greedy bankers, short-sighted experts and compromised regulators to look at the big picture. Using comparative data covering the last four decades, Durand examines the relationship between trends such as the rise in private and public debt and the proliferation of financial products; norms such as our habitual assumptions about the production of value and financial stability; and the relationship of all this to political power. Fictitious Capital offers a stark warning about the direction that the international economy is taking. Durand argues that the accelerated expansion of financial operations is a sign of the declining power of the economies of the Global North. The City, Wall Street and other centres of the power of money, he suggests, may already be caked with the frosts of winter. |
capital in a sentence economics: lLabour Economics. Theory and practice Kalandar Abdurakhmanov, 2020-10-01 Issues of labour economics and evolution of the economic views of Eastern thinkers, the process of attracting and using labour power, new forms of employ-ment, the labour market, the economics of social and labour relations, organiza-tion and wages, incomes of workers, level and quality of life of the population, as well as the strategy of decent work in innovative conditions of economic devel-opment are considered in the textbook. For students of economic specialization of Central Asia studying in Europe and the United States and the widest range of readers interested in problems of Economics Republic of Uzbekistan. Title: Labour Economics. Theory and practice Author: Kalandar Abdurakhmanov Reviewers: Doctor of Economics, Professor Robert Crane, Doctor of Economics, Professor B. Islamov Edtitorial Board: Academician of the Academy of Science of the Republic of Uzbekistan A.Kh. Saidov Doctor of Economics, Professor V.I. Grishin Doctor of Technical Sciences, Professor C.A. Sharipov Edtitorial Board of Publisher: Prof. UZ Ph.D. Arkadiusz Świadek Prof. US Ph.D. Joanna Wiśniewska Prof. US Ph.D. Krzysztof Janasz Prof. UG Ph.D. Sylwia Pangsy-Kania Publishers: Scientific Publishing House IVG LTD London United Kingdom http://www.publishinghouseivg.co.uk/abstract-book/innovative-textbook-in-innovative-development.pdf |
capital in a sentence economics: The Communist Review , 1925 |
capital in a sentence economics: Macro Economics - Reference Book Prof. Dr. Tanaji N. Salve, 2015-11-01 Macroeconomics by N. Gregory Mankiw is a widely used reference book providing a comprehensive understanding of macroeconomic principles, theories, and policies in a clear and accessible manner. |
capital in a sentence economics: Political Economics Torsten Persson, Guido Tabellini, 2002-01-25 What determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and rapidly growing literature in political economics attempts to answer these questions. But so far there is little consensus on the answers and disagreement on the appropriate mode of analysis. Combining the best of three separate traditions—the theory of macroeconomic policy, public choice, and rational choice in political science—Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy decisions to elected representatives may give rise to agency problems between voters and politicians. And, as in rational choice, political institutions shape the procedures for setting policy and electing politicians. The authors outline a common method of analysis, establish several new results, and identify the main outstanding problems. |
capital in a sentence economics: Foundations of Economics Shawn Ritenour, 2010-01-01 Foundations of Economics: A Christian View is an introduction to economics from an explicitly Christian perspective. It maintains that there is no conflict between Christian doctrine and economic science, properly understood. Therefore, Foundations of Economics has three goals: to demonstrate that the foundations of economic laws are derived from a Christian understanding of nature and humanity; to explain basic economic principles of the market economy and apply them to various economic problems, such as poverty and economic development; and to show the relationship between Christian ethics and economic policy. Foundations of Economics: A Christian View accomplishes these goals by rooting the fundamental principles of human action in the Christian doctrines of creation and humanity, and integrating them with the Christian ethic of private property. This volume explains the relevance of economics for fulfilling the cultural mandate set forth in the first two chapters of Genesis, by demonstrating how economics can help us in our task to be fruitful and multiply and have dominion over the earth, without spoiling creation, starving to death, or descending into a barbaric struggle for survival. |
capital in a sentence economics: Cultural Economics Li Yining, 2020-10-21 Culture is a priceless inheritance and source of wellbeing that is of immense value to humankind. Cultural economics set out to examine the nature and social benefits of cultural products and phenomena as they exist in the market. This volume is the masterpiece of Li Yining, one of the best-known Chinese economists, active in devoting his attention to the role of culture in the economy since the 1950s. Considering the importance of culture in the development of socialism with Chinese characteristics, the author combines cultural history, economic history, and the history of economic thought to produce unique perspectives. This book not only introduces the central concepts of cultural economics and the culture industry, but proposes several groundbreaking views that greatly influenced the culture policies of China, including cultural adjustment, cultural confidence, and cultural checks and balances. Researchers and students of economics, cultural studies, and Chinese politics, as well as policy makers, will benefit from this volume. |
capital in a sentence economics: A Guide to What's Wrong with Economics Edward Fullbrook, 2004 During a time of accelerating momentum for radical change in the study of economics, 'A Guide to What's Wrong with Economics' comprehensively re-examines the shortcomings of neoclassical economics and considers a number of alternative formulations. |
capital in a sentence economics: Essentials of Economics Paul Krugman, Paul R. Krugman, Robin Wells, Kathryn Graddy, 2010-10 Check out preview content for Essentials of Economics here. Essentials of Economics brings the same captivating writing and innovative features of Krugman/Wells to the one-term economics course. Adapted by Kathryn Graddy, it is the ideal text for teaching basic economic principles, with enough real-world applications to help students see the applicability, but not so much detail as to overwhelm them. Watch a video interview of Paul Krugman here. |
capital in a sentence economics: Essential Economics Matthew Bishop, 2004-05-01 |
capital in a sentence economics: AQA A-level Economics Fourth Edition Ray Powell, James Powell, 2019-11-11 Everything you need for AQA A-level Economics rewritten and restructured into one book from Ray Powell and James Powell for A-level teaching and learning, revised and up-to-date with new material including case studies, features and practice questions. -Ensures students are fully prepared for all the topics on the AQA A-level Economics specification, now all together in one book -Features up-to-date case studies with more questions to help students engage with and explain the latest economic developments, including the effects of Brexit -Improves students' assessment and qualitative skills with detailed practice style questions, designed to address challenges students have faced in recent A-level exams -Gets students ready for success with new content including regular content summaries, more knowledge check questions and synoptic links -Increase student confidence in understanding and explaining key economic issues with relevant examples and information in context |
capital in a sentence economics: The Canadian Style Public Works and Government Services Canada Translation Bureau, Dundurn Press Limited, 1997-09-01 The revised edition of The Canadian Style is an indispensable language guide for editors, copywriters, students, teachers, lawyers, journalists, secretaries and business people – in fact, anyone writing in the English language in Canada today. It provides concise, up-to-date answers to a host of questions on abbreviations, hyphenation, spelling, the use of capital letters, punctuation and frequently misused or confused words. It deals with letter, memo and report formats, notes, indexes and bibliographies, and geographical names. It also gives techniques for writing clearly and concisely, editing documents and avoiding stereotyping in communications. There is even an appendix on how to present French words in an English text. |
capital in a sentence economics: CBSE New Pattern Economics Class 12 for 2021-22 Exam (MCQs based book for Term 1) Satyabroto Roy, Subham Anand, 2021-09-10 1. This book deals with CBSE New Pattern Economics for Class 12 2. It is divided into2 Parts as per Term 1 Syllabus 3. Quick Revision Notes covering all the Topics of the chapter 4. Carries all types of Multiple Choice Questions (MCQs) 5. Detailed Explanation for all types of questions 6. 3 practice papers based on entire Term 1 Syllabus with OMR Sheet With the introduction of new exam pattern, CBSE has introduced 2 Term Examination Policy, where; Term 1 deals with MCQ based questions, while Term 2 Consists of Subjective Questions. Introducing, Arihant’s “CBSE New Pattern Series”, the first of its kind providing the complete emphasize on Multiple Choice Questions which are designated in TERM 1 of each subject from Class 9th to 12th. Serving as a new preparatory guide, here’s presenting the all new edition of “CBSE New Pattern Economics for Class 12 Term 1” that is designed to cover all the Term I chapters as per rationalized syllabus in a Complete & Comprehensive form. Focusing on the MCQs, this book divided the first have syllabus of Economics into 2 Parts giving the complete coverage. Quick Revision Notes are covering all the Topics of the chapter. As per the prescribed pattern by the board, this book carries all types of Multiple Choice Questions (MCQs) including; Assertion – Reasoning Based MCQs and Cased MCQs for the overall preparation. Detailed Explanations of the selected questions help students to get the pattern and questions as well. Lastly, 3 Practice Questions are provided for the revision of the concepts. TOC PART – A: Money and Banking, Government Budget and Economy, Foreign Exchange, Balance of Payments, PART – B: Indian Economy on the Eve of Independence, Indian Economy, (1950-1990), Liberalisation, Privatisation and Globalisation, Poverty, Human Capital Formation in India, Rural Development in India, Practice Papers (1-3). |
capital in a sentence economics: Capital and Ideology Thomas Piketty, 2020-03-10 A New York Times Bestseller An NPR Best Book of the Year The epic successor to one of the most important books of the century: at once a retelling of global history, a scathing critique of contemporary politics, and a bold proposal for a new and fairer economic system. Thomas Piketty’s bestselling Capital in the Twenty-First Century galvanized global debate about inequality. In this audacious follow-up, Piketty challenges us to revolutionize how we think about politics, ideology, and history. He exposes the ideas that have sustained inequality for the past millennium, reveals why the shallow politics of right and left are failing us today, and outlines the structure of a fairer economic system. Our economy, Piketty observes, is not a natural fact. Markets, profits, and capital are all historical constructs that depend on choices. Piketty explores the material and ideological interactions of conflicting social groups that have given us slavery, serfdom, colonialism, communism, and hypercapitalism, shaping the lives of billions. He concludes that the great driver of human progress over the centuries has been the struggle for equality and education and not, as often argued, the assertion of property rights or the pursuit of stability. The new era of extreme inequality that has derailed that progress since the 1980s, he shows, is partly a reaction against communism, but it is also the fruit of ignorance, intellectual specialization, and our drift toward the dead-end politics of identity. Once we understand this, we can begin to envision a more balanced approach to economics and politics. Piketty argues for a new “participatory” socialism, a system founded on an ideology of equality, social property, education, and the sharing of knowledge and power. Capital and Ideology is destined to be one of the indispensable books of our time, a work that will not only help us understand the world, but that will change it. |
capital in a sentence economics: Economics Class - XII Model Paper Chapter wise Question Answer With Marking Scheme 2022- SBPD Publications SBPD Editorial Board, 2021-12-22 1. 100% Based on NCERT Guidelines. 2. Important questions have been include chapterwise and unitwise. 3. Previous year questions with answers of board examinations have been included. 4. Solved Model Test Papers for board examination preparation for the current year have been included. Content - Part-A: Introductory Micro Economics 1. Introduction, 2. Consumer Behavior and Demand, 3. Producer Behavior and Supply, 4. From of Market and Price Determination, 5. Simple Application of Tools of Demand and Supply Curves Part-B : Introductory Macro Economics 6. Concepts and Aggregates Related to National Income, 2. Money and Banking, 3. Determination of Income and Employment, 4. Government Budget and the Economy, 5. Balance of Payment and Exchange Rate, Model Paper: Set I–IV Board Examination Paper. |
capital in a sentence economics: Marxism and Ecological Economics Paul Burkett, 2006-03-01 This book undertakes the first general assessment of ecological economics from a Marxist point of view, and shows how Marxist political economy can make a substantial contribution to ecological economics. The analysis is developed in terms of four basic issues: (1) nature and economic value; (2) the treatment of nature as capital; (3) the significance of the entropy law for economic systems; (4) the concept of sustainable development. In each case, it is shown that Marxism can help ecological economics fulfill its commitments to multi-disciplinarity, methodological pluralism, and historical openness. In this way, a foundation is constructed for a substantive dialogue between Marxists and ecological economists. |
capital in a sentence economics: Economics, Law and Intellectual Property Ove Granstrand, 2013-04-18 Intellectual property has rapidly become one of the most important, as well as most controversial, subjects in recent years amongst productive thinkers of many kinds all over the world. Scientific work and technological progress now depend largely on questions of who owns what, as do the success and profits of countless authors, artists, inventors, researchers and industrialists. Economic, legal and ethical issues play a central role in the increasingly complex balance between unilateral gains and universal benefits from the knowledge society. Economics, Law and Intellectual Property explores the field in both depth and breadth through the latest views of leading experts in Europe and the United States. It provides a fundamental understanding of the problems and potential solutions, not only in doing practical business with ideas and innovations, but also on the level of institutions that influence such business. Addressing a range of readers from individual scholars to company managers and policy makers, it gives a unique perspective on current developments. |
capital in a sentence economics: Rethinking Development Economics Ha-Joon Chang, 2003 This title represents the most forward thinking and comprehensive review of development economics currently available. |
capital in a sentence economics: The Intercollegiate Socialist , 1916 |
capital in a sentence economics: The Development of Economics, 1750-1900 Oswald Fred Boucke, 1921 |
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