Ekonomisk teori & filosofi
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The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. In …
Just as the Industrial Revolution in Britain suggested a promise of abundance, David Ricardo, Robert Malthus, and their colleagues formalized classical political economy with its …
Exploitation: Perspectives from Philosophy, Politics, and Economics brings together recent work on the topic of exploitation from philosophy, political science, and economics in …
In 1948, Milton Friedman and L. J. Savage suggested that risk preferences explain the demand for insurance and gambling--a theory that is still almost universally accepted by …