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    Wyświetlanie 1-6 z 6
    Tytuł:
    Response to Wysocki on indifference
    Autorzy:
    Block, Walter
    Powiązania:
    https://bibliotekanauki.pl/articles/2140682.pdf
    Data publikacji:
    2022-11-08
    Wydawca:
    Copernicus Center Press
    Tematy:
    indifference
    supply
    diminishing marginal utility
    praxeology
    Opis:
    Nozick (1977) was a critique of the view of Austrian economics which rejected the notion of indifference in human action. This author claimed that this stance was incompatible with the notion of the supply of a good, and, also, with diminishing marginal utility, both of which were strongly supported by this praxeological school of thought. Block (1980) was an attempt to rescue the Austrian school from this brilliant intellectual challenge. Hoppe (2005; 2009) rejected Nozick’s challenge, and, also, Block’s (1980) response. Block (2009a) and Block and Barnett (2010), defended Block’s (1980) analysis of indifference. The latest contribution to this ongoing discussion is Wysocki (2021) who maintains that Hoppe was correct in his rejection of Nozick, while Block was not. The present paper is a rejoinder to Wysocki (2021).  
    Źródło:
    Zagadnienia Filozoficzne w Nauce; 2022, 72; 37-62
    0867-8286
    2451-0602
    Pojawia się w:
    Zagadnienia Filozoficzne w Nauce
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Why Austrian Economists Can’t Get No Respect: It Is Political
    Autorzy:
    Tipler, Frank
    Block, Walter
    Powiązania:
    https://bibliotekanauki.pl/articles/23050979.pdf
    Data publikacji:
    2023
    Wydawca:
    Fundacja Instytut Nauki o Polityce
    Tematy:
    necessary a posteriori
    synthetic a priori
    praxeology
    Austrian economics
    logical positivism
    Opis:
    Austrians are the Rodney Dangerfields of economics. We can’t get no respect. Why not? On an intellectual level, our adherence for the necessary a posteriori (often termed synthetic a priori) is strongly off putting to the majority of this profession, who are in thrall to logical positivism, which adamantly rejects this type of claim. There are also divergences as regards the causes and cures for the business cycle, anti-trust, market failures such as public goods, externalities and utility. From an economic self-interest level, were this praxeological school ever to take root within the dismal science, thousands of jobs would be lost and salaries would be greatly lowered. It may be that for both of these reasons, Austrianism is deemed a “cult”. We argue that Austrian economics is far more based on modern mathematics and physics than is mainstream economics.
    Źródło:
    Polish Journal of Political Science; 2023, 9, 3; 14-29
    2391-3991
    Pojawia się w:
    Polish Journal of Political Science
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    The Minimum Wage Law: A Snare and a Delusion
    Autorzy:
    Borodkin, Guriy
    Block, Walter
    Powiązania:
    https://bibliotekanauki.pl/articles/23050968.pdf
    Data publikacji:
    2023
    Wydawca:
    Fundacja Instytut Nauki o Polityce
    Tematy:
    Minimum wage
    unemployment
    productivity
    Opis:
    In the view of many people, understandably, and all too many economists, disgracefully, the minimum wage law actually boosts compensation for people who would otherwise earn less than the amount established by this legislation. This is a snare and a delusion. In actual point of fact, this law increases the wages of no one at all, at least not in equilibrium; rather it leads to unemployment for those workers unfortunate to have a marginal revenue product below the level mandated by this enactment. It is the burden of the present paper to make good on this claim.
    Źródło:
    Polish Journal of Political Science; 2023, 9, 2; 47-64
    2391-3991
    Pojawia się w:
    Polish Journal of Political Science
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    The Economics of Child Labor
    Autorzy:
    Matthews, Lipton
    Young, Austin
    Block, Walter E.
    Powiązania:
    https://bibliotekanauki.pl/articles/43446043.pdf
    Data publikacji:
    2023-11-01
    Wydawca:
    Fundacja Instytut Nauki o Polityce
    Tematy:
    Child labor
    economic development
    legislation
    Opis:
    Many commentators attribute the decline of child labor in advanced economies to legislation prohibiting this practice. But another view asserts that the amount of child labor declined because rising affluence curbed the demand for and the supply of child laborers. Growing prosperity and cultural changes made it more convenient to educate children, thereby absolving the need for this practice. Although the decline of child labor is best explained by material prosperity, it will be demonstrated in this paper that not only can abolishing child labor be counterproductive, but in some cases, it is a vital platform for the accumulation of human capital. Did child labor all but end in advanced countries because of legislation prohibiting it? Or was it due to the fact that these economies were so well developed, so wealthy, that they could afford to keep youngsters in school instead? The former view is the most popular, the latter, the most correct, as we show in this paper.
    Źródło:
    Polish Journal of Political Science; 2023, 9, 4; 28-46
    2391-3991
    Pojawia się w:
    Polish Journal of Political Science
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Indifference Curve Analysis: The Correct and the Incorrect
    Autorzy:
    Sotelo, José Antonio Manuel Aguirre
    Block, Walter E.
    Powiązania:
    https://bibliotekanauki.pl/articles/489025.pdf
    Data publikacji:
    2014
    Wydawca:
    Instytut Badań Gospodarczych
    Tematy:
    Indifference curve
    convex
    concave
    budget line
    Opis:
    The thesis of this paper is that when the indifference curve is concave to the origin, the optimal point on the budget line is not the corner solution on the highest (most north eastern) indifference curve, the analysis all too often offered in the literature, but, rather, somewhat paradoxically, the lowest (most south western) indifference curve. The economics profession, as articulated through the megaphone of intermediate micro economics texts, offers a mixed result in this regard. Some few do offer a correct analysis, but many do not; others ignore the issue entirely. The contribution of the present paper and the aim of our research is to provide a correction of the widespread but erroneous indifference curve analysis that appears in many of our intermediate microeconomics texts. Our methodology is one of contrast: we offer what we see as both the correct and the incorrect versions of indifference curve analysis.
    Źródło:
    Oeconomia Copernicana; 2014, 5, 4; 7-43
    2083-1277
    Pojawia się w:
    Oeconomia Copernicana
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
    Tytuł:
    Austrian Government Cycle Theory
    Autorzy:
    Futerman, Alan G.
    Barnett II, William
    Block, Walter E.
    Powiązania:
    https://bibliotekanauki.pl/articles/2190939.pdf
    Data publikacji:
    2020-12-31
    Wydawca:
    Wydawnictwo Adam Marszałek
    Tematy:
    business cycle
    Austrian economics
    depression
    inflation
    cykle gospodarcze
    ekonomia austriacka
    depresja
    inflacja
    Opis:
    When government accounted for a small proportion of the economy, the Austrian Business Cycle Theory (ABCT) was apropos because private enterprises comprised the lion’s share of commercial interactions. But, of late, in more and more countries, the share of the economy accounted for by the state has increased, and that by business fi rms, less and less. Thus, it is time, it is past time, to introduce a new concept, Austrian Government Cycle Theory (AGCT). The present paper is an attempt to move us in that direction.
    Kiedy rząd odpowiadał za małą część gospodarki, autriacka teoria cykli gospodarczych (ABCT) była odpowiednia dla prywatnych przedsiębiorstw, które zawierały lwią część relacji biznesowych. Później w coraz większej ilości państw, udział gospodarki związanej z państwem wzrastał, a udział przedsiębiorstw prywatnych malał. Stąd nastał czas, aby zaprezentować nową koncepcję, czyli teorię cykli rządu Austrii (AGCT). Ten artykuł jest próbą ukazania tego właśnie fenomenu.
    Źródło:
    Świat Idei i Polityki; 2020, 19; 9-28
    1643-8442
    Pojawia się w:
    Świat Idei i Polityki
    Dostawca treści:
    Biblioteka Nauki
    Artykuł
      Wyświetlanie 1-6 z 6

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