Table of contents
THE GOLD STANDARD AND ECONOMIC STABILITY: A COUNTERFACTUAL EXPERIMENT
MICHAEL DAVID BORDOGrowing dissatisfaction with the record of discretionary monetary policy in the United States in the past decade has led to interest in alternative monetary arrangements to…
ON A MORE GENERAL RATIONALE FOR CIRCULAR INDIFFERENCE CURVES
VINCY FON, BRYAN L. BOULIER, ROBERT S. GOLDFARBMany texts display circular indifference curves. The rationale for such curves typically requires that goods become bads — that is, their marginal utilities become negative — over…
THE INCOME VELOCITY OF MOENY: SOME THEORETICAL AND EMPIRICAL ASPECTS
PETROS KAREKLAS“Velocity of money is a ‘purely statistical concept’ of no causal significance, which varies automatically with changes in the quantity of money in relation to total expenditure,”…
AN ECONOMIC ANALYSIS OF THE PROPOSED CONSERVATION RESERVE PROGRAM
JAN KENNEDY, ROBERT W. STONEThere are currently two identical bills pending in Congress (House Resolution 4730 and Senate Bill 2148) which this research will examine. Title I of these bills would establish a…
PRESIDENTIAL ELECTIONS AND MONETARY POLICY: IS THERE AN ELECTORAL CYCLE?
FERNANDO T. SANTOSIn the conventional positive neoclassical economics, the underlying behavioral assumptions concerning government activity clearly contrast with those usually admitted for other…
HUMAN ECONOMY: ECONOMICS AS IF PEOPLE MATTERED
GERALD ALONZO SMITH, STEVEN HICKERSONWhen E. F. Schumacher first wrote Small Is Beautiful: Economics as if People Mattered, the initial reaction was mixed. For the first year or so, the book sold slowly. Then in…
ISSN:
1086-7376Online date, start – end:
1977Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Niklas Wagner