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A Classical Requiem for Robert Solow
We prove an alternative and much simpler proof of the key results of the celebrated Solow growth model (Solow
1956 ), without the neo-classical... -
Challenges in Classical Liberalism Debating the Policies of Today Versus Tomorrow
This book examines contemporary policy debates from opposing perspectives. It considers seven key topics in today’s society: land use, education,...
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Revisiting the Classical Theory of Investment: An Empirical Assessment from the European Union
In alignment with classical investment theory, this study explores the enduring relationships and causal linkages among total private investment,...
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A classical-evolutionary model of technological change
Technological change is a central concern for evolutionary economics, which combines detailed empirical studies and conceptual frameworks with...
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Identifying outlier scores and outlier jurors to reduce manipulation in classical music competitions
Manipulations in classical music competitions are a proven problem that has as yet not been eradicated from the competition practice. Several...
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Unit Roots in Macroeconomic Time Series: A Comparison of Classical, Bayesian and Machine Learning Approaches
We compare the effectiveness of Classical, Bayesian, and Machine Learning (ML) methods for predicting the presence of a unit root in univariate...
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Wage inequality and induced innovation in a classical-Marxian growth model
The present paper works out a classical-Marxian growth model with an endogenous direction of technical change and a heterogeneous labour force, made...
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Classical Political Economy
The article deals with some basic questions of a political economy of the media under theoretical-historical, methodological, and application aspects...
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Classical Gold Standard
The classical gold standard is the most famous monetary system that ever existed, with its heyday lasting a third of a century. By the time World War...
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From the Soviets to Classical Liberalism
Personal mindset evolutions, including those toward classical liberalism and value, most often come first from life, and only than from family,...
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The full employment interest rate implicit in classical economic theory
By including the rate of normal profit in a simple model of the macro-economy, the full employment interest rate is deduced to be 4½% at which Labor...
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Rediscovering Classical Economics in the Laboratory
In this chapter, we turn to a reexamination of the early experiments that “rediscovered” classical economics, since it is part of the impetus...
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Connecting Classical and Early Neoclassical Views on Savings and Capital Formation to Modern Growth Theory Through the Lens of F. P. Ramsey
We investigate the origins of modern growth theory using Ramsey’s seminal A Mathematical Theory of Saving (1928) by dividing Ramsey’s optimal savings...
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Introduction: Capital and Classical Antiquity
This short essay outlines some of the issues involved in researching inequality and poverty in classical antiquity, as well as the importance of...
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London (1824–1827): The Approach to British Classical Political Economy
The arrival in 1823 in Spain of the second restoration of absolutism, known as the Ominous Decade (1823–1833), forced Mora into exile in London,...
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The Classical Model
In this chapter, changes in the rate of inflation are finally incorporated into the ISLM-ADAS analysis. This raises the overall level of...
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Capital in Classical Antiquity
This book discusses the extent to which Thomas Piketty’s work can offer a model for ancient economic history, both methodologically and politically....
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Classical Economics as Moral Philosophy
David Hume (1711−1776) was a Scottish Enlightenment philosopher, historian and essayist. He is best known today for his influential advocacy of...
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The Classical p-median Problem as a Surrogate Model in Hub Location
This paper examines the use of the classical p -median problem as a surrogate (or approximate) model in hub location. The models presented here are...
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The wisdom of classical political economy in economics: incorporated or lost?
Is everything good in political economy incorporated into modern graduate education in economics? With the transition of the art of political economy...