What are the major differences among classical theory, humanistic theory, and systems theory in regard to organizations? Why do economists emphasize efficiency as an important goal of public policy? What are the main criticisms against utilitarianism? In your judgment, was it good or bad for the ...
This perspective ignores welfare gains as a component of startup motive – as it turns out, this is a valid explanation for avoidance: since founders emphasize economic criteria, societal problems are neglected. According to push and pull based views, firms are founded due to necessity and ...
A second point to emphasize is illustrated in Table 2: We should not pay very much attention to short-run movements in the published money supply numbers, because data revisions can be substantial. Rather, we should focus on longer-run movements, such as growth rates over a year’s time. ...
conceptual labor that continuously pushes us into new territory. Conventional narratives of work and the strategies that go with them assume that this disagreement will be an argument, and emphasize determination
It is well known that if you want four opinions you should put three economists in a room. So it will not come as a surprise that we do not agree with everything in the book. Before getting on with the nitpicking and a little bit more there are some important central themes that we...
Moreover, such transactions may be entered into with directors/managers who do not have a (substantial) economic stake in the company nor need to worry about their positions even if the company loses some value as a result of the RPT. Therefore, even if an RPT conforms to arm’s length ...
Since women are charged with this responsibility for childcare (reproduction) and household maintenance (consumption), they do not enter the labor market as free rational agents like men do [7]. In this way, the labor subject in regulations is already gendered. Much of labor law and employment...