& M. A. LOEWENSTEIN, 1990, Further Analysis of the Theory of Economic Regulation: the case of the 1969 coal mine health and safety ACT. Economic Inquiry, 28, pp. 354-389.Fuess, Scott, and Loewenstein, Mark. "Further Analysis of the Theory of Economic Regulation: The Case of the 1969 ...
a theory of economic, social and political change which attempts to explain the continuing poverty, deprived social conditions and political instability of many poor countries in terms of their dominance by rich and powerful countries. Dependency theory was first developed by economists in Latin America...
1.(Government, Politics & Diplomacy) a system in which the government undertakes the chief responsibility for providing for the social and economic security of its population, usually through unemployment insurance, old-age pensions, and other social-security measures ...
Define Trickle down theory. Trickle down theory synonyms, Trickle down theory pronunciation, Trickle down theory translation, English dictionary definition of Trickle down theory. adj. Of or relating to the economic theory that financial benefits accorde
It was initially developed in economics to understand a large collection of economic behaviors, including firms, markets, and consumers. Specifically, a game is the mathematical formalization of such conflicts, originated by Antoine Cournot (1801–1877) in 1838 with his solution of the Cournot ...
Rather, we must balance the prolonged life of certain patients against their international stigmatization (including, if not especially, in countries in which they have no hope of securing treatment), the economic drain research into AIDS causes, the cost of treating AIDS and the political upheaval...
Business Insider Africa. 2022. Why Africa is the fintech market of tomorrow.https://africa.businessinsider.com/local/markets/why-africa-is-the-fintech-market-of-tomorrow/4v984l8(January 28). Canen, N., & Wantchekon, L. 2022. Political distortions, state capture, and economic development in...
A new school of economic thought calledModern Monetary Theory (MMT)has taken up fight on behalf of Keynesian deficit spending and is gaining influence, particularly on the left. Proponents of MMT argue that as long as inflation is contained, a country with its own currency doesn't need to wo...
when enabled by a limitless supply of debt based currency, cause a chain reaction of 1) increased human activity which leads to 2) increased impact on the environment without a counterbalancing activity of resource replenishment, human or natural, elsewhere in the broad swath of economic activity...
“[W]hat happens if you were to go to your localIRSoffice to pay your taxes with actual cash?” wrote MMT pioneer and American economist Warren Mosler in his book "The 7 Deadly Innocent Frauds of Economic Policy." “First, you would hand over your pile of currency to the person on du...