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The Distribution of Wealth – Growing Inequality?

November 24, 2016

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urban-shanty-townMichael Schneider examines the distribution of wealth and the way that it has changed over time. […]

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What’s Wrong with Keynesian Economic Theory?

September 21, 2016

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Steven Kates presents his new book What’s Wrong with Keynesian Economic Theory?
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Paying for Nature

September 8, 2016

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snowy-treeIn the past many of the ways in which we benefit from the natural world have been overlooked. The law has traditionally taken into account only those benefits based on physical possession of land or on tangible produce which has a commercial value, such as timber. Other concerns, such as fresh air, clear water and the state of biodiversity, have therefore fallen outside the law’s regard. Colin Reid explores the issue.

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Intellectual Bubbles in Economics?

August 4, 2016

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bubblesDuring the past few decades the subjects of economic history and the history of economic thought have been removed from the study programs of economics in many universities. In some institutions they are not taught any longer. Economics has lost its history. This move would be at least partly understandable, provided economics has all of a sudden turned into a subject in which only ‘correct’ doctrines and views are being elaborated and taught and made the foundation of ‘sound’ economic policy. Gilbert Faccarello and Heinz D. Kurz explain more. […]

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The Failure of Economic Policy

July 29, 2016

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Economics-UmbrellaEconomics needs to get rid of its “dismal science” status, to really become a relevant scientific approach to understand and eventually solve the major socio-economic as well as geo-political issues of the contemporary world. Louis-Philippe Rochon and Sergio Rossi take a look at the way ahead. […]

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